Q4. From the following B/S of X Ltd. Prepare Fund Flow Statement:ParticularsNote31st March 31st March2015 (Rs)No.2014 (Rs)1. Equity and Liabilities1. Shareholders' Fundsa) Share capitalb) Reserve and surplus (Balance inStatement of Profit and Loss)15,00,000 10,00,0007,50,0006,00,0002. Non-current LiabilitiesLong-term borrowings3. Current Liabilitiesa) Trade payablesb) Short-term provisions(Provision for taxation)1,00,0002,00,0001,00,0001,10,00080,00095,000Total25,45,000 19,90,000II. Assets1. Non-current assetsa) Fixed assets(1) Tangible assets(ii) Intangible assets (Goodwill)b) Non-current investment2. Current assetsa) Inventoriesb) Trade Receivablesc) Cash and cash equivalentsTotal210,10,00012,00,0001,80,0006,00,0002,00,0001,80,0002,00,0003,75,00025,45,000|19,90,0001,00,0001,50,00033,40,000Notes to Accounts:Particulars31st March 31st March2015 (Rs)2014 (Rs)1. Long-term borrowings:i) Debenturesii) Bank loan2,00,0001,00,0001,00,000| 2,00,000 |2. Tangible Assets1) Land and buildingii) Plant and machinery8,00,0004,00,0006,50,0003,60,00010,10,000|12,00,0003. Cash and cash equivalentsi) Cash in handii) Bank balance70,0003,05,0003,75,000 3,40,00050,0002,90,000Additional information:1. Dividend proposed and paid during the year Rs 1,50,000.2. Income tax paid during the year includes Rs 15,000 on account of dividend tax.3. Land and building book value Rs 1,50,000 was sold at a profit of 10%.4. The rate of depreciation on plant and machinery is 10%.

The fund flow statement can be defined as the financial statement being prepared at the year end to…

Answered: Q4. From the following B/S of X Ltd.…

Business

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Q4. From the following B/S of X Ltd. Prepare Fund Flow Statement:

Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN:9781305627734

Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Chapter3: Data Visualization

Section: Chapter Questions

Problem 6P: The file MutualFunds contains a data set with information for 45 mutual funds that are part of the...

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3. Following information is available in respect of A LtdParticulars As on 31.3.2019(Rupees. In Lacs)As on 31.3.2020(Rupees. In Lacs)Investment in FinancialAssets- 100Equity Share Capital 150 160Long term Loans taken 100 200Dividend paid - 26Dividend received - 10Interest received - 15a. Prepare the cash flow from financing activities from the above information and givereasons for each element whether these elements belongs to financing activities or not. b. Calculate the relationship between the debt and equity for the year 2019 and 2020, andcomment
3. Following information is available in respect of A LtdParticulars As on 31.3.2019(Rupees. In Lacs)As on 31.3.2020(Rupees. In Lacs)Investment in Financial Assets - 100Equity Share Capital 150 160Long term Loans taken 100 200Dividend paid - 26Dividend received - 10Interest received - 15a. Prepare the cash flow from financing activities from the above information and give reasons for each element whether these elements belongs to financing activities or not
The file MutualFunds contains a data set with information for 45 mutual funds that are part of the Morningstar Funds 500. The data set includes the following five variables: Fund Type: The type of fund, labeled DE (Domestic Equity), IE (International Equity), and FI (Fixed Income) Net Asset Value (): The closing price per share Five-Year Average Return (%): The average annual return for the fund over the past five years Expense Ratio (%): The percentage of assets deducted each fiscal year for fund expenses Morningstar Rank: The risk adjusted star rating for each fund; Morningstar ranks go from a low of 1 Star to a high of 5 Stars. a. Prepare a PivotTable that gives the frequency count of the data by Fund Type (rows) and the five-year average annual return (columns). Use classes of 09.99, 1019.99, 2029.99, 3039.99, 4049.99, and 5059.99 for the Five-Year Average Return (%). b. What conclusions can you draw about the fund type and the average return over the past five years?
Bonds with a face value of $450,000 are issued at 105. The statement of cash flows wouldreport a cash inflow of:a. $450,000 in the financing activities section.b. $472,500 in the financing activities section.c. $22,500 in the financing activities section.d. $450,000 in the investing activities section.
What Statements Do The Following Belong To and Do They Appear On One Or More1) Fund To Retire Bonds2) Retained Earnings3) Trucks4) Cash5) Prepaid Insurance6) Investment in XYZ7) Additional Paid-Capital8) Copyrights9) Machinery10) Merchandise Inventory
D4. As of december 31, 2019, Sandy Beach had $9,500,000 in 4.5 percent serial bonds outstanding. Cash of $509,000 is the debt service fund’s only asset as of December 31, 2019, and there are no liabilities. The serial bonds pay interest semiannually on January 1 and July 1, with $500,000 in bonds being retired on each interest payment date. Resources for payment of interest are transferred from the General Fund, and the debt service fund levies property taxes in an amount sufficient to cover principal payments.
1. What is a mutual fund or unit trust? Explain and discuss the business model of mutual funds. What role do they play in the economy, and in the financial sector in particular? 2. A mutual fund has assets of K5 092.2 million and K4.6 million in liabilities with outstanding shares of 150.6 million. Calculate the net asset value (NAV) of the portfolio. 3. Another mutual fund manages a portfolio of securities of K120 million. The fund owes K4 million to advisers and a further K1 million for running expenses and has 5 million shares outstanding. Calculate the net asset value.
CLASSIFY EACH OF THE FOLLOING AS ONE OF THE FOLLOWING: a) cash b) cash equivalent c) other current asset d) noncurrent asset e) current liability f) long-term liability aa) perosnal check from customer bb) cash held in a fund, the fund is expected to accrue interst for three years cc) one year treasury bill purchased two months before maturity date dd) compensating balance held aginst long term debt, where funds are legally restricted from withdrawal ee) negative cash balance due to outstanding checks exceeding cahs on deposit (this is the only accout with this bank) ff) travel advance of cash to an employee for business travel gg) deposit in a money market fund with a two month maturity date hh) cash depsoited in a 5 year bank sinking fund
Investors pay load charges to receive: a. higher returns on their investments. b. additional services from funds. c. voting shares of stock. d. advice on which fund to buy. e. 12b-1 remunerations.
For each of the past six quarters, Managers L and M have provided you with the totaldoUar value of the funds they manage, along with the quarterly contributions or withdrawals made by their clients. (Note: Contributions are indicated by positive numbers, withdrawals by negative numbers.)MANAGER l MANAGER MTotal Funds under Contributions/ Total Funds under Contributions/Quarter Management Withdrawals Management WithdrawalsInitial $500,000 $700,0001 527,000 12,000 692,000 - 35,0002 530,000 7,500 663,000 - 35,0003 555,000 13,500 621,000 -35,0004 580,000 6,500 612,000 - 35,0005 625,000 10,000 625,000 - 35,000For each manager, calculate:a. Her money-weighted returnb. Her time-weighted returnc. Estimates of her quarterly performance returns using the Dietz approximation method,assuming that contributions/ withdrawals are made exactly halfway through the quarter
The following information relates to non-current investments that Dragon Company placed in trust as required by underwriter of its bonds: Bond sinking fund balance, January 1, 2018, P2,000,000; Additional investment during 2018, P500,000; Interest revenue, P20,000; Administrative costs, P15,000,Carrying value of bonds payable, P3,000,000. What amount should Dragon Company report in its December 31, 2018 balance sheet related to its non-current investment for bond sinking fund requirements?
The company wishes to mobilize short term funds through various sources, Which of the following is not an appropriate source for the company? Select one: A. Equity Shares B. Commercial Paper C. Treasury Bills D. Commercial Bills