Question: This is a subjective question hence you have to write your answer in the TextField given below The balance sheet of Spark Electric Vehicle Limited

This is a subjective question hence you have to write your answer in the TextField given below The balance sheet of Spark Electric Vehicle Limited at the end of year n (the year which is just over) is as follows (All figures are in tuka) Liabilities Share Capital 120 Reserves & Surplus 20 Secured Loans 10 Unsecured Loans 10 Current Liabilities 10 Provisions 5 Assets Fixed Assets Investments Current Assets Cash Receivables Inventories 100 25 50 20 :10 20 175 175 The projected income statement and the distribution of earnings is given below Sales Cost of Goods sold 60 100 Tax Depreciation 10 Profit before interest and tax 30 Interest 5 Profit before tax 25 10 Profit after tax 15 Dividend 5 Retained Eamngs 10 During the year n+1, the firm plans to raise a secured loan of Rs 10 lakhs. The company plans to raise its capital by 50 lakhs through a public issue Current Liabilities decreased by 5 lakhs and provisions are expected to remain unchanged. The company plans to sell fixed assets worth Rs 20 lakhs and raise its inventories by 10 lakhs. Receivables are expected to increase by 5 lakhs. The firm plans to pay 5 lakhs by way of equity dividend The level of cash would be the balancing amount in the projected balance sheet. Given the above information, prepare the following a Projected Cash Flow statement Projected Balance Sheet (4 + 48)
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