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12th Standard Accountancy English Medium - Financial Statement Analysis 5 Mark Book Back Question Paper and Answer Key 2022 - 2023

Published on: 01/09/2022

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Questions:

Generic 5

15 x 5 = 75

From the following particulars, calculate the trend percentages of Babu Ltd.

Particulars	Rs.in thousands
	Year 1	Year 2	Year 3
I EQUITY AND LIABILITIES
1. Shareholders’ Fund	100	127	106
b) Reserves and surplus	30	30	45
2. Non-current liabilities
Long-term borrowings	70	77	84
3. Current liabilities
Trade payables	20	30	40
Total	220	264	275
II ASSETS
1. Non-current assets
a) Fixed assets	100	118	103
b) Non current investments	40	50	60
2. Current assets
Inventories	60	66	72
Cash and cash equivalents	20	20	40
	20	30	40
Total	220	264	275

From the following particulars, calculate the trend percentages of Anu Ltd.

Particulars	Rs.in thousands
	Year 1	Year 2	Year 3
I EQUITY AND LIABILITIES
Shareholders’ Fund	500	550	600
Non-current liabilities	200	250	240
Current liabilities	100	80	120
Total	800	880	960
II ASSETS
Non-current assets	600	720	780
Total	800	880	960

Prepare common-size statement of financial position for the following particulars of Yasmin Ltd. and Sakthi Ltd.

Particulars	Yasmin Ltd.	Sakthi Ltd.
	Rs.	Rs.
I EQUITY AND LIABILITIES
1. Shareholders’ Fund	2,00,000	3,00,000
a) Share capital	3,00,000	60,000
2. Non-current liabilities
Long-term borrowings	1,50,000	1,80,000
3. Current liabilities
Trade payables	1,00,000	60,000
Total	5,00,000	6,00,000
II ASSETS
1. Non-current assets
a) Fixed assets	2,00,000	3,00,000
b) Non - current investments	50,000	1,20,000
2. Current assets
Inventories	2,00,000	90,000
Cash and cash equivalents	50,000	90,000
Total	5,00,000	6,00,000

Prepare common-size statement of financial position for the following particulars of Rani Ltd.

Particulars	31st March, 2016	31st March, 2017
	Rs.	Rs.
I EQUITY AND LIABILITIES
Shareholders’ Fund	5,40,000	6,00,000
Non-current liabilities	2,70,000	2,70,000
Current liabilities	90,000	1,50,000
Total	9,00,000	10,00,000
II ASSETS
Non-current assets	7,20,000	8,00,000
Current assets	1,80,000	2,00,000
Total	9,00,000	10,00,000

From the following particulars, prepare comparative statement of financial position of Kala Ltd.

Particulars	31st March, 2017	31st March, 2018
	Rs.	Rs.
I EQUITY AND LIABILITIES
1. Shareholders’ Fund
a) Share capital	3,00,000	3,60,000
b) Reserves and surplus	50,000	50,000
2. Non-current liabilities
Long-term borrowings	50,000	40,000
3. Current liabilities
Trade payables	20,000	12,000
Total	4,20,000	4,20,000
II ASSETS
1. Non-current assets
a) Fixed assets	2,50,000	2,90,000
b) Non - current investments	50,000	40,000
2. Current assets
Inventories	80,000	1,00,000
Cash and cash equivalents	40,000	32,000
Total	4,20,000	4,62,000

From the following particulars, prepare comparative statement of financial position of Muthu Ltd.

Particulars	31^st March, 2017	31^st March, 2018
	Rs.	Rs.
I EQUITY AND LIABILITIES
Shareholders’ Fund	4,00,000	4,40,000
Non-current liabilities	1,50,000	1,65,000
Current liabilities	75,000	82,500
Total	6,25,000	6,87,500
II ASSETS
Non-current assets	5,00,000	6,00,000
Current assets	1,25,000	87,500
Total	6,25,000	6,87,500

Compute trend percentages for the following particulars of Boomi Ltd

Particulars	Rs.in lakhs
	Year 1	Year 2	Year 3
I EQUITY AND LIABILITIES
1. Shareholders’ fund
a) Share capital	200	254	212
b) Reserves and surplus	60	60	90
2. Non-current liabilities
Long-term borrowings	140	154	168
3. Current liabilities
Trade payables	40	60	80
Total	440	528	550
II ASSETS
1. Non-current assets
a) Fixed assets	200	236	206
b) Non - current investments	80	100	120
2. Current assets
Inventories	120	132	144
Cash and cash equivalents	40	60	80
Total	440	528	550

Calculate trend percentages for the following particulars of Palai Ltd

Particulars	Rs.in lakhs
	Year 1	Year 2	Year 3
I EQUITY AND LIABILITIES
Shareholders’ fund	250	275	300
Non-current liabilities	100	125	100
Current liabilities	50	40	80
Total	400	440	480
II ASSETS
Non-current assets	300	360	390
Current assets	100	80	90
Total	400	440	480

From the following particulars of Neithal Ltd, calculate trend percentages.

Particulars	Rs.in lakhs
	2015-16	2016-17	2017-18
Revenue from operations	150	135	90
Other income	25	5	15
Expenses	125	75	50
Income tax	40%	40%	40%

10.

Prepare common-size statement of financial position of Saleem Ltd as on 31^st March, 2017 and 31^st March, 2018.

Particulars	31^stMarch2017	31^st March 2018
	Rs.	Rs.
I EQUITY AND LIABILITIES
1. Shareholders’ fund
a) Share capital	5,00,000	6,00,000
b) Reserves and surplus	4,00,000	3,60,000
2. Non-current liabilities
Long-term borrowings	8,00,000	2,40,000
3. Current liabilities
Trade payables	3,00,000
Total	20,00,000	12,00,000
II ASSETS
1. Non-current assets
a) Fixed assets	10,00,000	6,00,000
b) Non – current investments	5,00,000	2,40,000
2. Current assets
Inventories	3,00,000	1,20,000
Cash and cash equivalents	2,00,000	2,40,000
Total	20,00,000	12,00,000

11.

Prepare common-size balance sheet of Sharmila Ltd. and Sangeetha Ltd. as on 31^st March, 2019.

Particulars	Sharmila Ltd	Sangeetha Ltd
	Rs.	Rs.
I EQUITY AND LIABILITIES
Shareholders’ funds	5,00,000	11,00,000
Non-current liabilities	4,00,00	7,00,000
Current liabilities	1,00,000	2,00,000
Total	10,00,000	20,00,000
II ASSETS
Non-current assets	6,50,000	18,00,000
Current assets	3,50,000	2,00,000
Total	10,00,000	20,00,000

12.

Prepare common-size balance sheet of Maria Ltd. as on 31^st March, 2018.

Particulars	31st March 2018
	Rs.
I EQUITY AND LIABILITIES
Shareholders’ funds	4,00,000
Non-current liabilities	3,20,000
Current liabilities	80,000
Total	8,00,000
II ASSETS
Non-current assets	6,00,000
Current assets	2,00,000
Total	8,00,000

13.

From the following particulars of Siva Ltd, prepare common size income statement for the years ended 31st March, 2016 and 31st March, 2017.

Particulars	2015-16	2016-17
	Rs.	Rs.
Revenue from operations	2,00,000	3,00,000
Other income	25,000	75,000
Expenses	2,50,000	1,50,000
Income tax %	40	40

14.

From the following particulars, prepare comparative balance sheet of Malar Ltd as on 31^st March 2016 and 31^st March 2017.
Particulars 31st March 2016 31st March 2017 RS. Rs. I EQUITY AND LIABILITIES 1. Shareholders’ fund a) Share capital 2,00,000 2,50,000 b) Reserves and surplus 50,000 50,000 2. Non-current liabilities Long-term borrowings 30,000 60,000 3. Current liabilities Trade payables 20,000 60,000 Total 3,00,000 4,20,000 II ASSETS 1. Non-current assets a) Fixed assets 1,00,000 1,50,000 b) Non - current investments 50,000 75,000 2. Current assets Inventories 75,000 1,50,000 Cash and cash equivalents 75,000 45,000 Total 3,00,000 4,20,000

15.

From the following balance sheet of Chandra Ltd, prepare comparative balance sheet as on 31st March 2016 and 31^st March 2017.

Particulars	31^st March 2016	31^st March 2017
	Rs.	Rs.
I EQUITY AND LIABILITIES
Shareholders’ fund	1,00,000	2,60,000
Non-current liabilities	50,000	60,000
Current liabilities	25,000	30,000
Total	1,75,000	3,50,000
II ASSETS	1,00,000	2,00,000
Current assets	75,000	1,50,000
Total	1,75,000	3,50,000

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Answers Key:

Generic 5

15 x 5 = 75

Trends analysis for Babu ltd
Particular	Rs. in thousands			Trends percentage
Particular	Year 1	Year 2	Year 3	Year 1	Year 2	Year 3
I Equity and liabilities
1. Shareholder's fund
a. Share capital	100	127	106	100	127	106
b. Reserve and surplus	30	30	45	100	100	150
2. Non-current liabilities
Long-term borrowings	70	77	84	100	110	120
3. Current liabilities
Trade payables	20	30	40	100	150	200
Total	220	264	275	100	120	125
II. Assets
1. Non-current assets
a. Fixed assets	100	118	103	100	118	103
b. Non -investment	40	50	60	100	125	150
2. Current assets
Inventories	60	66	72	100	110	120
Cash and cash equivalents	20	30	40	100	150	200
Total	220	264	275	100	120	125

Trend analysis for Anu Ltd
Particulars	in thousands			Trends percentage
Particulars	Year 1	Year 2	Year 3	Year 1	Year 2	Year 3
I Equity and liabilities
Shares holder's fund	500	550	600	100	110	120
Non-current liabilities	200	250	240	100	125	120
Current liabilities	100	80	120	100	80	120
Total	800	880	960	100	110	120
II. Assets
Non-current assets	600	720	780	100	120	130
Current assets	200	100	180	100	80	90
Total	800	880	960	100	110	120

Common-size balance sheet ofYasmin Ltd and Sakthi Ltd
Particulars	Yamin Ltd		Sakthi Ltd
Particulars	Absolute amount Rs.	Persontage of total assets	Absolute Amount Rs.	Percentage of total assets
I Equity and liabilities
1. Shares holder's fund
a. Share capital	2,00,000	40	3,00,000	50
b. Reserve and surplus	50,000	10	60,000	10
2. Non-current liabilities
Long-term borrowings	1,50,000	30	1,80,000	30
3. Current liabilities
Trade payables	1,00,000	20	60,000	10
Total	5,00,000	100	6,00,000	100
II. Assets
1. Non-current assets
a. Fixed assets	2,00,000	40	3,00,000	50
b. Non - current investments	50,000	10	1,20,000	20
2. Current assets
Inventories	2,00,000	40	90,000	15
Cash and cash equivalents	50,000	10	90,000	15
Total	5,00,000	100	6,00,000	100

Note: Yasmin Ltd
Percentage of Share capital = \(\frac{2,00,000}{5,00,000}\) \(\times\) 100 = 40%
Percentage of Reserves and surplus = \(\frac{50,000}{5,00,000}\) \(\times\) 100 = 10%
Percentage of Long-term borrowing = \(\frac{1,50,000}{5,00,000}\) \(\times\) 100 = 30%
Percentage of Trade payables = \(\frac{1,00,000}{5,00,000}\) \(\times\) 100 = 20%
Percentage of fixed assets = \(\frac{20,00,000}{5,00,000}\) \(\times\) 100 = 40%
Percentage of Non-current investment = \(\frac{50,000}{5,00,000}\) \(\times\) 100 = 10%
Percentage of inventories = \(\frac{20,00,000}{50,000}\) \(\times\) 100 = 40%
Percentage of cash and cash equivalents = \(\frac{50,000}{5,00,000}\)\(\times\) 100 = 10%
Note: Sakthi Ltd.
Percentage of Share capital = \(\frac{3,00,000}{6,00,000}\) \(\times\) 100 = 50%
Percentage of Reserves and surplus = \(\frac{60,000}{6,00,000}\) \(\times\) 100 = 10%
Percentage of Long-term borrowing = \(\frac{1,80,000}{6,00,000}\) \(\times\) 100 = 30%
Percentage of Trade payables = \(\frac{60,000}{6,00,000}\) \(\times\) 100 = 10%
Percentage of fixed assets = \(\frac{3,00,000}{6,00,000}\) \(\times\) 100 = 50%
Percentage of Non-current investment = \(\frac{1,20,000}{6,00,000}\) \(\times\) 100 = 20%
Percentage of Inventories = \(\frac{90,000}{6,00,000}\) \(\times\) 100 = 15%
Percentage of cash and cash equivalents = \(\frac{90,000}{6,00,000}\) \(\times\) 100 = 15%

Common-size balance sheet of Rani Ltd for the year ended 31st March, 2016 and 31st March, 2017
Particulars	Absolute amount 2015-16	Percentage of total assets	Absolute amount 2016-17	Percentage of total assets
Particulars	Rs.	Rs.	Rs.	Percentage of total assets
I Equity and Liabilities
Share holder's funds	5,40,000	60	6,00,000	60
Non-current liabilities	2,70,000	30	2,50,000	25
Current liabilities	90,000	10	1,50,000	15
Total	9,00,000	100	10,00,000	100
II Assets
Non-current assets	7,20,000	80	8,00,000	80
Current assets	1,80,000	20	2,00,000	20
Total	9,00,000	100	10,00,000	100

Note: In 2015-16
Percentage of shareholders fund = \(\frac{5,40,000}{9,00,000}\) x 100 = 60%
Percentage of Non-current liabilities = \(\frac{2,70,000}{9,00,000}\) x 100 = 30%
Percentage of current liabilities = \(\frac{90,000}{9,00,000}\) x 100 = 10%
Percentage of non-current assets = \(\frac{7,20,000}{9,00,000}\) x 100 = 80%
Percentage of current assets = \(\frac{1,80,000}{9,00,000}\) x 100 = 20%
In 2016-17
Percentage of share holders fund = \(\frac{6,00,000}{10,00,000}\) x 100 = 60%
Percentage of Non-current liabilities = \(\frac{2,50,000}{10,00,000}\) x 100 = 25%
Percentage of current liabilities = \(\frac{1,50,000}{10,00,000}\) x 100 = 15%
Percentage of Non-current assets = \(\frac{8,00,000}{10,00,000}\) x 100 = 80%
Percentage of current assets = \(\frac{2,00,000}{10,00,000}\) x 100 = 20%

Comparative balance sheet of Kala Ltd as on 31st March 2017 and 31st March 2018
Particulars	2016-17 Rs.	2017-18 Rs.	Absolute amount of increase (+) or decrease (-) Rs.	Percentage increase (+) or decrease (-)
I Equity and Liabilities
1. Share holder's fund
(a) Share capital	3,00,000	3,60,000	+ 60,000	+20
(b) Reserve and surplus	50,000	50,000	-	-
2. Non-current liabilities
Long term borrowings	50,000	40,000	- 10,000	- 20
3. Current liabilities
Trade payables	20,000	12,000	- 8,000	- 40
Total	4,20,000	4,62,000	42,000	+10
II. Assets
1. Non-current assets
(a) Fixed assets	2,50,000	2,90,000	+ 40,000	+ 16
(b) Non-current investments	50,000	40,000	- 10,000	- 20
2. Current assets
Inventories	80,000	1,00,000	+ 20,000	+ 25
Cash and cash equivalents	40,000	32,000	- 8,000	- 20
	4,20,000	4,62,000	42,000	+10

Comparative balance sheet of Muthu Ltd as on 31^st March, 2017 and 31^st March, 2018
Particulars	2017 Rs.	2017-18 Rs.	Absolute amount of increase (+) or decrease (-) Rs.	Percentage Increase (+) or decrease(-)
I Equity and Liabilities
Share holders fund	4,00,000	4,40,000	+ 40,000	+ 10
Non-current Liabilities	1,50,000	1,65,000	+ 15,000	+10
Current Liabilities	75,000	82,500	+ 7,500	+10
Total	6,25,000	6,87,500	+ 62,500	+10
II Assets
Non-current assets	5,00,000	6,00,000	+ 1,00,000	+ 20
Current assets	1,25,000	87,500	- 37,500	- 30
Total	6,25,000	6,87,500	+ 62,500	+10

Trend analysis for Boomi Ltd
Particulars	Rs.in lakhs			Trend percentages
	Year 1	Year 2	Year 3	Year 1	Year 2	Year 3
I EQUITY AND LIABILITIES
1. Shareholders’ fund
a) Share capital	200	254	212	100	127	106
b) Reserves and surplus	60	60	90	100	100	150
2. Non-current liabilities
Long-term borrowings	140	154	168	100	110	120
3. Current liabilities
Trade payables	40	60	80	100	150	200
Total	440	528	550	100	120	125
II ASSETS
1. Non-current assets
a) Fixed assets	200	236	206	100	118	103
b) Non- current investments	80	100	120	100	125	150
2. Current assets
Inventories	120	132	144	100	110	120
Cash and cash equivalents	40	60	80	100	150	200
Total	440	528	550	100	120	125

Particulars	Rs.in lakhs			Trend percentages
	Year 1	Year 2	Year 3	Year 1	Year 2	Year 3
I EQUITY AND LIABILITIES
Shareholders’ fund	250	275	300	100	110	120
Non-current liabilities	100	125	100	100	125	100
Current liabilities	50	40	80	100	80	160
Total	400	440	480	100	110	120
II ASSETS
Non-current assets	300	360	390	100	120	130
Current assets	100	80	90	100	80	90
Total	400	440	480	100	110	120

**Trend analysis for Neithal Ltd**
Particulars	Rs.in lakhs			Trend percentages
	2015-16	2016-17	2017-18	2015-16	2016-17	2017-18
Revenue from operations	150	135	90	100	90	60
Add: Other income	25	5	15	100	20	60
Total revenue	175	140	105	100	80	60
Less: Expenses	125	75	50	100	60	40
Profit before tax	50	65	55	100	130	110
Less: Income tax (40%)	20	26	22	100	130	110
Profit after tax	30	39	33	100	130	110

10.

Common-size balance sheet of Saleem Ltd as on 31^st March, 2017 and 31^st March, 2018
Particulars	Absolute amount on 31st March 2017	Percentage of total assets on 31st March 2017	Absolute amount on 31st March 2018	Percentage of total assets on 31st March 2018
	Rs.		Rs.
I EQUITY AND LIABILITIES
1. Shareholders’ fund
a) Share capital	5,00,000	25	6,00,000	50
b) Reserves and surplus	4,00,000	20	3,60,000	30
2. Non-current liabilities
Long-term borrowings	8,00,000	40	2,40,000	20
3. Current liabilities
Trade payables	3,00,000	15	-	-
Total	20,00,000	100	12,00,000	100
II ASSETS
1. Non-current assets
a) Fixed assets	10,00,000	50	6,00,000	50
b) Non – current investments	5,00,000	25	2,40,000	20
2. Current assets
Inventories	3,00,000	15	1,20,000	10
Cash and cash equivalents	2,00,000	10	2,40,000	20
	20,00,000	100	12,00,000	100

11.

Common-size balance sheet of Sharmila Ltd and Sangeetha Ltd as on 31^st **March, 2019**
	Sharmila Ltd		Sangeetha Ltd
Particulars	Absolute amount	Percentage of total assets	Absolute amount	Percentage of total assets
	Rs.	Rs.	Rs.
I EQUITY AND LIABILITIES
Shareholders’ funds	5,00,000	50	11,00,000	55
Non-current liabilities	4,00,000	40	7,00,000	35
Current liabilities	1,00,000	10	2,00,000	10
Total	10,00,000	100	20,00,000	100
II ASSETS
Non-current assets	6,50,000	65	18,00,000	90
Current assets	3,50,000	35	2,00,000	10
Total	10,00,000	100	20,00,000	100

12.

Common-size balance sheet of Maria Ltd as on 31^st March, 2018
Particulars	Absolute amount	Percentage of total assets
	Rs.
I EQUITY AND LIABILITIES
Shareholders’ funds	4,00,000	50
Non-current liabilities	3,20,000	40
Current liabilities	80,000	10
Total	8,00,000	100
II ASSETS
Non-current assets	6,00,000	75
Current assets	2,00,000	25
Total	8,00,000	100

13.

Common–size income statement of Siva Ltd for the year ended 31st March, 2016 and 31st March, 2017
Particulars	Absolute amount 2015-16	Percentage of revenue from operations for 2015-16	Absolute amount 2016-17	Percentage of revenue from operations for 2016-17
	Rs.	Rs.	Rs.
Revenue from operations	2,00,000	100.00	3,00,000	100
Add: Other income	25,000	12.50	75,000	25
Total revenue	2,25,000	112.50	3,75,000	125
Less: Expenses	2,50,000	125.00	1,50,000	50
Profit / loss before tax	-25,000	-12.50	2,25,000	75
Less: Income tax (40%)	-	-	2,25,000	30
Profit after tax	-25,000	-12.50	1,35,000	45

14.

Comparative balance sheet of Malar Ltd as on 31^st March 2016, and 31^st March 2017 Particulars 2015-16 2016-17 Absolute amount
of increase ( +)
or decrease (–) Percentage
increase (+) or
decrease (–) Rs. Rs. I EQUITY AND LIABILITIES 1. Shareholders’ Fund a) Share capital 2,00,000 2,50,000 +50,000 +25 b) Reserves and surplus 50,000 50,000 2. Non-current liabilities Long-term borrowings 30,000 60,000 +30,000 +100 3. Current liabilities Trade payables 20,000 60,000 +40,000 +200 Total 3,00,000 4,20,000 +1,20,000 +40 II ASSETS 1. Non-current assets a) Fixed assets 1,00,000 1,50,000 +50,000 +50 b) Non-current investments 50,000 75,000 +25,000 +50 2. Current assets Inventories 75,000 1,50,000 +75,000 +100 Cash and cash equivalents 75,000 45,000 –30,000 –40 Total 3,00,000 4,20,000 +1,20,000 +40

15.

Comparative balance sheet of Chandra Ltd as on 31^st March 2016 and 31^st March 2017
Particulars	2015-16	2016-17	Absolute amount of increase ( +) or decrease (–)	Percentage increase (+) or decrease (–)
	Rs.	Rs.	Rs.
I EQUITY AND LIABILITIES
Shareholders’ fund	1,00,000	2,60,000	+1,60,000	+160
Non-current liabilities	50,000	60,000	+10,000	+20
Current liabilities	25,000	30,000	+5,000	+20
Total	1,75,000	3,50,000	+1,75,000	+100
II ASSETS
Non-current assets	1,00,000	2,00,000	+1,00,000	+100
Current assets	75,000	1,50,000	+75,000	+100
Total	1,75,000	3,50,000	+1,75,000	+100