4. 2019 Feb Q.No. 1The following data are taken from the books of Resunga & Company(amount in thousands) are as follows:Balance SheetLiabilitiesCommon stockPremium on stockRetained earningsMortgage bonds payableNotes payableAccount payableAccu. depreciationTotal (Rs.)31-12-17(Rs.)800SalesLess: Cost of goods sold:Less:6505005015030031-12-18(Rs.)ParticularsGross margin on salesOperating expenses:Depreciation: MachineryBuildingAssetsMachineryBuildingLand11001106721000100200Marketable securities550 Account receivableInventories24503732Total (Rs.)Income Statement of the 31st DecemberLong-term investmentCash31-12-17(Rs.)70040070220570100250140245031-12-18(Rs.)10016010001200701406302122901903732Amount (Rs.) Amount (Rs.)1200674526 ACC 519: ACCOUNTING FOR FINANCIAL AND MANAGERIAL DECISIONS AND CONTROL200Other expensesNet income from operationGain on sale of investmentNet income with other gainLess: Loss on sale of machinery (Proceeds were Rs. 30).Net Income after loss adjustmentRequired:1934606624901080Cash Flow statement showing Cash from operating activities,and Financing activities with interpretation.Identify the strengths and weaknesses of Resunga & Companybased on cash flow statement.What strategies to be followed to achieve the competitiveadvantage and sustainable development of the Company?4 Does the statement of cash flows have any managerialimplication for the decision making?Ans: CFOA = Rs. 286; CFIA = (Rs. 1,016); CFFA = Rs. 902CS CamScanner

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Description: 4. 2019 Feb Q.No. 1The following data are taken from the books of Resunga & Company(amount in thousands) are as follows:Balance SheetLiabilitiesCommon stockPremium on stockRetained earningsMortgage bonds payableNotes payableAccount payableAccu. depr

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. 2019 Feb Q.No. 1 The following data are taken from the books of Resunga & Company (amount in thousands) are as follows: Liabilities Common stock Premium on stock Retained earnings Mortgage bonds payable Notes payable Account payable Accu. depreciation Total (Rs.) 31-12-17 (Rs.) 800 650 500 50 150 300 Sales Less: Cost of goods sold: Gross margin on sales Less: Operating expenses: Particulars Balance Sheet 31-12-18 (Rs.) Depreciation: Machinery Building 1100 110 672 1000 100 200 550 Assets Machinery Building Land Long-term investment Cash 2450 3732 Total (Rs.) Income Statement of the 31st December Marketable securities Account receivable Inventories 31-12-17 (Rs.) 700 400 70 220 570 100 250 140 2450 31-12-18 (Rs.) 100 160 1000 1200 70 140 630 212 290 190 3732 Amount (Rs.) Amount (Rs.) 1200 674 526

. 2019 Feb Q.No. 1 The following data are taken from the books of Resunga & Company (amount in thousands) are as follows: Liabilities Common stock Premium on stock Retained earnings Mortgage bonds payable Notes payable Account payable Accu. depreciation Total (Rs.) 31-12-17 (Rs.) 800 650 500 50 150 300 Sales Less: Cost of goods sold: Gross margin on sales Less: Operating expenses: Particulars Balance Sheet 31-12-18 (Rs.) Depreciation: Machinery Building 1100 110 672 1000 100 200 550 Assets Machinery Building Land Long-term investment Cash 2450 3732 Total (Rs.) Income Statement of the 31st December Marketable securities Account receivable Inventories 31-12-17 (Rs.) 700 400 70 220 570 100 250 140 2450 31-12-18 (Rs.) 100 160 1000 1200 70 140 630 212 290 190 3732 Amount (Rs.) Amount (Rs.) 1200 674 526

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 4PB

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