{"id":106799,"date":"2022-11-19T12:27:25","date_gmt":"2022-11-19T12:27:25","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/finance-for-business-finance-for-business\/"},"modified":"2022-11-19T12:27:25","modified_gmt":"2022-11-19T12:27:25","slug":"finance-for-business-finance-for-business","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/finance-for-business-finance-for-business\/","title":{"rendered":"Finance for business | finance for business"},"content":{"rendered":"<div>\n<p>\u00a0\u00a0<\/p>\n<p><u><strong>Personal Reflection Question &#8211; Total Marks \u00a030 (max word limit- 300)<\/strong><\/u><\/p>\n<ol>\n<li>Balance Sheet of ABC Ltd. as on 31st March \u00a0\u00a0\u00a0\u00a0\u00a02020<\/li>\n<\/ol>\n<p>\u00a0\u00a0<\/p>\n<p>Liabilities<\/p>\n<p>Amount<\/p>\n<p>Assets<\/p>\n<p>Amount<\/p>\n<p>\u00a0<\/p>\n<p>Share \u00a0\u00a0Capital<\/p>\n<p>16.00<\/p>\n<p>Fixed \u00a0\u00a0Assets (Net)<\/p>\n<p>60.00<\/p>\n<p>\u00a0<\/p>\n<p>Investments<\/p>\n<p>16.60<\/p>\n<p>\u00a0<\/p>\n<p>Reserves \u00a0\u00a0&amp; Surplus<\/p>\n<p>22.00<\/p>\n<p>Cash \u00a0\u00a0&amp; Bank<\/p>\n<p>00.20<\/p>\n<p>\u00a0<\/p>\n<p>Secured \u00a0\u00a0Loans<\/p>\n<p>21.00<\/p>\n<p>Debtors<\/p>\n<p>11.80<\/p>\n<p>\u00a0<\/p>\n<p>Unsecured \u00a0\u00a0Loans<\/p>\n<p>25.00<\/p>\n<p>Inventories<\/p>\n<p>10.60<\/p>\n<p>\u00a0<\/p>\n<p>Current \u00a0\u00a0Liabilities<\/p>\n<p>16.00<\/p>\n<p>Prepaid \u00a0\u00a0Expenses<\/p>\n<p>00.80<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><strong>Total<\/strong><\/p>\n<p><strong>100.00<\/strong><\/p>\n<p><strong>Total<\/strong><\/p>\n<p><strong>100.00<\/strong><\/p>\n<p>\u00a0<\/p>\n<p>Profit and loss account for the year ended on 31st March 2020<\/p>\n<p>\u00a0\u00a0<\/p>\n<p>Particulars<\/p>\n<p>Amount<\/p>\n<p>Particulars<\/p>\n<p>Amount<\/p>\n<p>\u00a0<\/p>\n<p>Opening \u00a0\u00a0Stock<\/p>\n<p>13<\/p>\n<p>Sales<\/p>\n<p>105<\/p>\n<p>\u00a0<\/p>\n<p>Purchases<\/p>\n<p>69<\/p>\n<p>Closing \u00a0\u00a0Stock<\/p>\n<p>15<\/p>\n<p>\u00a0<\/p>\n<p>Wages<\/p>\n<p>12<\/p>\n<p>\u00a0<\/p>\n<p>Other expenses<\/p>\n<p>10<\/p>\n<p>\u00a0<\/p>\n<p>Gross \u00a0\u00a0Profit<\/p>\n<p>16<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><strong>Total<\/strong><\/p>\n<p><strong>120<\/strong><\/p>\n<p><strong>Total<\/strong><\/p>\n<p><strong>120<\/strong><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Admin. \u00a0\u00a0expenses<\/p>\n<p>1.50<\/p>\n<p>Gross \u00a0\u00a0Profit b\/d<\/p>\n<p>16<\/p>\n<p>\u00a0<\/p>\n<p>Selling \u00a0\u00a0expenses<\/p>\n<p>2.00<\/p>\n<p>\u00a0<\/p>\n<p>Depreciation<\/p>\n<p>2.50<\/p>\n<p>\u00a0<\/p>\n<p>Interest<\/p>\n<p>1.00<\/p>\n<p>\u00a0<\/p>\n<p>Net \u00a0\u00a0Profit<\/p>\n<p>9.00<\/p>\n<p>\u00a0<\/p>\n<p><strong>Total<\/strong><\/p>\n<p><strong>16.00<\/strong><\/p>\n<p><strong>Total<\/strong><\/p>\n<p><strong>16.00<\/strong><\/p>\n<p>\u00a0<\/p>\n<p>Income \u00a0\u00a0tax<\/p>\n<p>4.00<\/p>\n<p>Net Profit \u00a0\u00a0b\/d<\/p>\n<p>9.00<\/p>\n<p>\u00a0<\/p>\n<p>Equity \u00a0\u00a0dividend<\/p>\n<p>3.00<\/p>\n<p>\u00a0<\/p>\n<p>Retained \u00a0\u00a0earnings<\/p>\n<p>2.00<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><strong>Total<\/strong><\/p>\n<p><strong>9.00<\/strong><\/p>\n<p><strong>Total<\/strong><\/p>\n<p><strong>9.00<\/strong><\/p>\n<p>Calculate \u00a0the following :- (20 Marks )<\/p>\n<ol>\n<li>Current Ratio<\/li>\n<li>Quick Ratio<\/li>\n<li>Inventory Turnover Ratio<\/li>\n<li>Debtors Turnover Ratio<\/li>\n<li>Fixed Assets Turnover Ratio<\/li>\n<li>Debt to Equity Ratio<\/li>\n<li>Gross Profit Ratio<\/li>\n<li>Net Profit Ratio<\/li>\n<li>Return on shareholders equity.<\/li>\n<li>Average Collection Period<\/li>\n<\/ol>\n<p>2. Imagine yourself as an entrepreneur of ABC LTD. ABC Ltd is a new startup dealing with high-end -organic products ( FMCG). Based on the given scenario- answer the following questions. (10 Marks)<\/p>\n<ul>\n<li>Which source of finance would you prefer for \u00a0\u00a0\u00a0\u00a0\u00a0the start up &#8211; Debt \/ Equity or both? Provide your \u00a0\u00a0\u00a0\u00a0\u00a0reason for the same.<\/li>\n<li>After 2 successful years, you have planned to \u00a0\u00a0\u00a0\u00a0\u00a0expand your business to Organic Cosmetic Products as well. Detail on the \u00a0\u00a0\u00a0\u00a0\u00a0external source of funds that you prefer.<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0\u00a0 Personal Reflection Question &#8211; Total Marks \u00a030 (max word limit- 300) Balance Sheet of ABC Ltd. as on 31st March \u00a0\u00a0\u00a0\u00a0\u00a02020 \u00a0\u00a0 Liabilities Amount Assets Amount \u00a0 Share \u00a0\u00a0Capital 16.00 Fixed \u00a0\u00a0Assets (Net) 60.00 \u00a0 Investments 16.60 \u00a0 Reserves \u00a0\u00a0&amp; Surplus 22.00 Cash \u00a0\u00a0&amp; Bank 00.20 \u00a0 Secured \u00a0\u00a0Loans 21.00 Debtors 11.80 \u00a0 Unsecured [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-106799","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/106799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=106799"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/106799\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=106799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=106799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=106799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}