Q1. Syntex Limited's financial statements contain the following information: Cash Sundry debtors Temporary investments Stock Prepaid...

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Q1. Syntex Limited's financial statements contain the following information: Cash Sundry debtors Temporary investments Stock Prepaid expenses Total current assets Total assets Current liabilities 10% debentures Equity share capital Retained earnings Sales Less: Cost of goods sold 31.3.2013 31.3.2014 2,00,000 1,60,000 3,20,000 4,00,000 2,00,000 3,20,000 18,40,000 21,60,000 28,000 12,000 25,88,000 30,52,000 56,00,000 64,00,000 6,40,000 8,00,000 16,00,000 16,00,000 20,00,000 20,00,000 4,68,000 8,12,000 Statement of Profit for the year ended 31st March, 2014 40,00,000 - 28,00,000 Less: Interest Net profit Less: Taxes @ 50% Profit after taxes Dividends declared on equity shares - 1,60,000 10,40,000 - 5,20,000 5,20,000 2,20,000 From the above, appraise the financial position of the company from the points of view of: (i) liquidity, (ii) solvency, (iii) profitability, and (iv) activity. Q1. Syntex Limited's financial statements contain the following information: Cash Sundry debtors Temporary investments Stock Prepaid expenses Total current assets Total assets Current liabilities 10% debentures Equity share capital Retained earnings Sales Less: Cost of goods sold 31.3.2013 31.3.2014 2,00,000 1,60,000 3,20,000 4,00,000 2,00,000 3,20,000 18,40,000 21,60,000 28,000 12,000 25,88,000 30,52,000 56,00,000 64,00,000 6,40,000 8,00,000 16,00,000 16,00,000 20,00,000 20,00,000 4,68,000 8,12,000 Statement of Profit for the year ended 31st March, 2014 40,00,000 - 28,00,000 Less: Interest Net profit Less: Taxes @ 50% Profit after taxes Dividends declared on equity shares - 1,60,000 10,40,000 - 5,20,000 5,20,000 2,20,000 From the above, appraise the financial position of the company from the points of view of: (i) liquidity, (ii) solvency, (iii) profitability, and (iv) activity.