Question 6

0.0/0.75 points (graded)

The profits for the year 3 and year 4 are ____________________.

Loss of Rs. 7 million in Year 3 and Profit of Rs. 20 million in Year 4

Profit of Rs. 20 million in Year 3 and Profit of Rs. 10 million in Year 4

Profit of Rs. 23 million in Year 3 and Profit of Rs. 65 million in Year 4

Profit of Rs. 37 million in Year 3 and Profit of Rs. 35 million in Year 4

Question 7

0.75/0.75 points (graded)

The balance sheet of a pharmaceutical company over three years is given above. The company paid a dividend of Rs. 30 million in Year 3 and Rs. 45 million in Year 4. How the company used the profit in Year 4?

The company used the Rs.45 million to pay dividend, Rs.10 million to buy assets and Rs. 10 million to repay loan

The company has used the entire profit of Rs. 20 million to buy fixed assets

The company has used the entire profit of Rs. 10 million to pay off debt

The company has used the profit to buy fixed assets (Rs. 20 million), pay off debt (Rs. 10 million) and balance Rs. 5 million to pay dividend.

Assets/Liabilities Year 2 Year 3 Year 4 Total assets 400 420 430 Liabilities to 200 225 215 outsiders Equity share 4 6 6 capital Reserves and 196 189 209 surplus Total of 400 420 430 Liabilities and Equity Question 6 0.0/0.75 points (graded) The profits for the year 3 and year 4 are "Loss of Rs. 7 million in Year 3 and Profit of Rs. 20 million in Year 4 Profit of Rs. 20 million in Year 3 and Profit of Rs. 10 million in Year 4 Profit of Rs. 23 million in Year 3 and Profit of Rs. 65 million in Year 4 Profit of Rs. 37 million in Year 3 and Profit of Rs. 35 million in Year 4 Question 7 0.75/0.75 points (graded) The balance sheet of a pharmaceutical company over three years is given above. The company paid a dividend of Rs. 30 million in Year 3 and Rs. 45 million in Year 4. How the company used the profit in Year 4