Data extracts from Dilley's accounts are shown below Ye-Dec-21 Ye-Dec-20 Non-current assets (nbv) 206,000 200,000 Plant Inventory Receivables Cash at Bank Total Assets Share Capital Reserves Long term loans Payables Taxation Interest Total Liabilities & Equity Operating Profits Interest Taxation Profit for the Year Notes: Annual depreciation charges were £20,000. There were no non-current asset disposals. Required: a) Prepare a statement of cashflows for Ye-Dec-21. b) Reconcile the annual movement in non-current assets. c) For Ye-Dec-21 calculate: Interest Cover Ratio, Current & Quick Asset ratios 85,000 74,000 150,000 120,000 46,000 15,000 487,000 409,000 210,000 210,000 77,000 70,000 92,000 32,000 95,000 89,000 8,000 5,000 5,000 3,000 487,000 409,000 50,000 -15,000 -10,000 25,000
Data extracts from Dilley's accounts are shown below Ye-Dec-21 Ye-Dec-20 Non-current assets (nbv) 206,000 200,000 Plant Inventory Receivables Cash at Bank Total Assets Share Capital Reserves Long term loans Payables Taxation Interest Total Liabilities & Equity Operating Profits Interest Taxation Profit for the Year Notes: Annual depreciation charges were £20,000. There were no non-current asset disposals. Required: a) Prepare a statement of cashflows for Ye-Dec-21. b) Reconcile the annual movement in non-current assets. c) For Ye-Dec-21 calculate: Interest Cover Ratio, Current & Quick Asset ratios 85,000 74,000 150,000 120,000 46,000 15,000 487,000 409,000 210,000 210,000 77,000 70,000 92,000 32,000 95,000 89,000 8,000 5,000 5,000 3,000 487,000 409,000 50,000 -15,000 -10,000 25,000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Data extracts from Dilley's accounts are shown below
Ye-Dec-21
Ye-Dec-20
Non-current assets (nbv)
206,000
200,000
Plant
Inventory
Receivables
Cash at Bank
Total Assets
Share Capital
Reserves
Long term loans
Payables
Taxation
Interest
Total Liabilities & Equity
Operating Profits
Interest
Taxation
Profit for the Year
Notes:
Annual depreciation charges were £20,000.
There were no non-current asset disposals.
Required:
a) Prepare a statement of cashflows for Ye-Dec-21.
b) Reconcile the annual movement in non-current assets.
c) For Ye-Dec-21 calculate:
Interest Cover Ratio, Current & Quick Asset ratios
85,000
74,000
150,000
120,000
46,000
15,000
487,000
409,000
210,000
210,000
77,000
70,000
92,000
32,000
95,000
89,000
8,000
5,000
5,000
3,000
487,000
409,000
50,000
-15,000
-10,000
25,000
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