Financial accounting september 2024

Description

Assignment Solution : Financial accounting september 2024

NMIM$ Global Access

School for Continuing Education (NGA-SCE)

Course: Financial accounting september 2024

Internal Assignment Applicable for september 2024 Examination

Q1. Company ABC, a manufacturing company, is preparing its cash flow statement forthe
fiscal year ending December 31, 2023. The company experienced various cash inflows and
outflows during the year from its operating, investing, and financing activities. Based on
the provided data, calculate the net cash provided by operating activities, investing
activities, and financing activities for Company ABC for the fiscal year ending December
31, 2023. Additionally, determine the net increase or decrease incash and cash equivalents
for the period.

Category Amount (₹)
Net Income ₹500,000
Depreciation Expense ₹100,000
Increase in Accounts Receivable ₹50,000
Decrease in Inventory (₹30,000)
Increase in Accounts Payable ₹20,000
Purchase of Property, Plant, and
Equipment (₹200,000)
Proceeds from Issuance of Long-term
Debt ₹300,000
Repayment of Long-term Debt (₹150,000)
Payment of Dividends (₹50,000)
Beginning Cash and Cash Equivalents ₹400,000
Instructions:
1. Calculate the net cash provided by operating activities using the indirect method.
2. Determine the net cash used in investing activities.
3. Determine the net cash provided by financing activities.
4. Calculate the net increase or decrease in cash and cash equivalents.
5. Provide the final cash flow statement for Company ABC for the fiscal year
ending December 31, 2023, showing the net cash provided by (or used in) each
category and the net increase or decrease in cash and cash equivalents.
Note: Assume all transactions are cash transactions unless otherwise specified and use the
indirect method for operating activities. (10 Marks)

Q2. DEF Pvt. Ltd. is considering introducing a new product line. Conduct a cost- volumeprofit (CVP) analysis on hypothetical data (per unit basis) to determine the breakeven point
and assess the profitability of the new product. Discuss the implications of your analysis on
the company’s decision-making process. (You can present the answer with the help of
hypothetical data if required) (10 Marks)
Q3.
(A) Compare and contrast ratio analysis with other techniques of financial analysis. Provide
examples of situations where each technique would be most appropriate and discuss the
insights, they offer to stakeholders in assessing a company’s financial performance and
position. (5 Marks)
(B) You are a newly appointed financial analyst at a manufacturing company, tasked with
preparing the balance sheet for the fiscal year ending December 31, 2023. As part of your
role, you need to identify and explain the basic concepts underlying the preparation of the
balance sheet. Additionally, you are required to discuss the key components of a balance
sheet and their role in portraying the financial position of a company. (5 Marks)
*********

Last date : 29th August

For Unique Assignment call /WhatsApp  at 8448433923

 

Rules and Regulation

General or Editable Assignment: Needs to be change in your own Wording. After Modification, check plagiarism via some tools on google. After Checking, upload your assignment. Kindly call or WhatsApp to know how and where can you change it. We will avoid support if you don’t change your Content before uploading.

Change is Mandatory in General Assignment.

Unique Assignment: Assignment will be Uploaded directly; more than 80% marks are guaranteed. Plagiarism free. No Copy case. 100 % Guaranteed Assignment.

Buying Process: General Assignment Buy Online

Unique Assignment: Call/WhatsApp at 8448433923

For Unique Assignment call /WhatsApp  at 8448433923

above are contact details for assignment

 

For Unique Assignment call /WhatsApp  at 8448433923