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Anand Ltd., arrived at a net income of R...

Anand Ltd., arrived at a net income of Rs 5,00,000 for the year ended March 31, 2017. Depreciation for the year was Rs 2,00,000. There was a profit of Rs 50,000 on assets sold which was transferred to Statement of Profit and Loss account. Trade Receivables increased during the year Rs 40,000 and Trade Payables also increased by Rs 60,000. Compute the cash flow from operating activities by the indirect approach

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Rs 6,70,000
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Charles Ltd., made a profit of Rs 1,00,000 after charging depreciation of Rs 20,000 on assets and a transfer to general reserve of Rs 30,000. The goodwill amortised was Rs 7,000 and gain on sale of machinery was Rs 3,000. Other information available to you ( changes in the value of current assets and current liabilities) are trade receivables showed an increase of Rs 3,000, trade payables an increase of Rs 6,000, prepaid expenses an increase of Rs 200, and outstanding expenses a decrease of Rs 2,000. Ascertain cash flow from operating activities.

Charles Ltd., made a profit of Rs 1,00,000 after charging depreciation of Rs 20,000 on assets and a transfer to general reserve of Rs 30,000. The goodwill amortised was Rs 7,000 and gain on sale of machinery was Rs 3,000. Other information available to you ( changes in the value of current assets and current liabilities) are trade receivables showed an increase of Rs 3,000, trade payables an increase of Rs 6,000, prepaid expenses an increase of Rs 200, and outstanding expenses a decrease of Rs 2,000. Ascertain cash flow from operating activities.

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  • Dolphin Ltd. earned profit of Rs 5,00,000 on sale of fixed asset which was credited to Statement of Profit and Loss. In preparing Cash Flow Statement, Rs 5,00,000 will be

    A
    added to net profit before tax and extraordinary items
    B
    deducted from net profit before tax and extraordinary items
    C
    deducted from net profit before tax and extraordinart shown as extraordinary item under Operating Activity
    D
    None of the above

  • Dolphin Ltd. Reaned profit of 5,00,000. on sale of fixed asset which was credited to Statement of Profit and Loss . In preparing Cash Flow Statement . Rs.5,00,000 will be

    A
    added to net profit before tax and extraordinary items.
    B
    deducted from net profit before tax and extraordinary
    C
    deducted from net profit before tax and extraordinary shown as extraordinary item under Operating Activity.
    D
    None of the above.

  • Cash Balance Rs. 15,000, Trade Receivables Rs. 35,000, Inventory Rs. 40,000, Trade Payables Rs. 24,000 and Bank Overdraft is Rs. 6,000. Current Ratio will be:

    A
    `3.75:1`
    B
    `3:1`
    C
    `1:3`
    D
    `1:3.75`

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