Contact No - 9773820734 (WhatsApp) Mail at – Projectreports94@gmail.com NMIMS Global Access School for Continuing Education (NGA-SCE) Course: Financial Accounting and Analysis Internal Assignment Applicable for December 2019 Examination
1. Wildcat Ltd, a manufacturing company sold a machinery for Rs 8 lacs at the year end. The company had purchased the machinery four years back for Rs 15 lacs and had depreciated the same using written down value method of depreciation @ 20%. As an accounts executive of Wildcat Ltd, calculate the WDV of the asset for the four years, accumulated depreciation for four years and profit/loss on sale, if any.
2. Mr. Shil Wants to record the financial transactions of his newly started business. Discuss what accounting steps/stages he need to adhere so that the transactions can be duly recorded and processed in order to prepare the financial statements. 3 a. Following information is available in respect of a company named, as Beta Ltd Particulars
Amount
Profit before taxes
Rs 50 lakhs
Dividend declared per share
Rs2
Price of the share prevalent on stock exchange
Rs 200
Applicable tax rate
35%
Share capital of company 5 lakh shares of Rs 10 each
Calculate
Earnings per share
Dividend Pay-out Ratio
Price earnings ratio
b. Prepare the cash flow statement from investing activities of Alpha Creative Ltd for the year ended March31, 2019

Particulars
Amount
Plant acquired
160000
Claim received for loss of plant in fire
45500
Unsecured loans given to subsidiaries
595000
Interest on loan received from subsidiary companies
72500
Also give reasons for the classification of above activities as inflow /outflow
Contact No - 9773820734 (WhatsApp) Mail at – Projectreports94@gmail.com