Finance Management - List Out the Differences Between Funds Flow and Cash Flow Statement What Is Main Purpose of a Balance Sheet

Submitted by: Submitted by

Views: 10

Words: 323

Pages: 2

Category: Other Topics

Date Submitted: 07/31/2016 10:39 PM

Report This Essay

WE PROVIDE KSBM MBA EMBA BMS DMS GDM CASE

STUDY ANSWERS, ASSIGNMENT SOLUTIONS,

PROJECT REPORTS AND THESIS

aravind.banakar@gmail.com

ARAVIND - 09901366442 – 09902787224

www.mbacasestudyanswers.com

Finance Management

List out the differences between funds flow and cash flow statement.

Examine the break-even analysis with suitable examples and workings.

Explain the rules and regulations of International Accounting Standards.

Write an essay about common size and comparative statements.

Bring your attention on classification of budgets with suitable examples.

From the following figures given to you

calculate material variances. Production for

the period, 192 units.

Particulars

Material X

Material Y

Standard price per

tonne Rs. 240 Rs.

320

Actual price paid per

tonne Rs. 227.50 Rs.

308 Actual weights 16

tonnes 13 tonnes

The standard production for the period represented by the above figures is 400

units for which the standard quantity allowance for material are 30 tonnes of X

and 25 tonnes of Y.

7. The comparative Balance Sheets of M/s Ram Brothers for the two years were

as follows :

(a)

Net Profit for the year 1995 amounted to Rs. 60,000.

(b)

During the year a machine costing Rs. 25,000 (accumulated depreciation

Rs. 10,000) was sold for Rs. 13,000. The provision for depreciation against

machinery as on 31.12.1994 was Rs. 50,000 and on 31.12.1995 Rs. 85,000. You

are required to prepare a cash flow statement.

1.

8. The capital of Everest Co. Ltd. is as follows :

(a)

Closing stock Rs. 6,800.

(b)

Machinery is to depreciated by 10% and patents by 20%.

(c)

Salaries outstanding Rs. 1,500.

(d)

Insurance includes a premium of Rs. 170 on a policy expiring on

31.12.1998.

(e)

Further bad debts are Rs. 700.

(f)

Rent receivable Rs. 1,000.

Prepare Trading and Profit and Loss a/c and Balance Sheet.

10.

Explain the various role performed by a modern management accountant.