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4.42 Analysis of Financial Statements—CBSE XII
7. Compute Cash Flow from Operating Activities of M/s Progressive Sales from the following details:

Particulars 31st March, 31st March,
2024 (`) 2023 (`)
Inventories 50,000 60,000
Trade Receivables 23,000 25,000
Trade Payables 50,000 67,000
Expenses Outstanding 4,500 3,500
Accrued Income 9,000 8,000
Surplus, i.e., Balance in Statement of Profit & Loss 90,000 80,000
[Ans.: ` 5,000.]
8. Compute Cash Flow from Operating Activities from the following:
Particulars 31st March, 31st March,
2024 (`) 2023 (`)
Surplus, i.e., Balance in Statement of Profit & Loss 30,000 20,000
Trade Receivables 18,000 16,000
Provision for Depreciation 30,000 28,000
Prepaid Insurance 1,500 1,300
Goodwill 16,000 20,000
Inventories 12,000 9,000
[Ans.: ` 10,800.]
9. Following is the Balance Sheet of Good Luck Ltd., prepare Cash Flow Statement:
Particulars Note No. 31st March, 31st March,
2024 (`) 2023 (`)
I. EQUITY AND LIABILITIES
1. Shareholders’ Funds
(a) Share Capital 4,00,000 3,00,000
(b) Reserves and Surplus 1 58,000 50,000
2. Non-Current Liabilities
Long-term Borrowings (Mortgage Loan) 1,40,000 1,40,000
3. Current Liabilities
(a) Short-term Borrowings 2 ... 30,000
(b) Trade Payables 1,48,000 1,25,000
Total 7,46,000 6,45,000
II. ASSETS
1. Non-Current Assets
Property, Plant and Equipment and Intangible Assets 3 3,41,000 2,32,000
2. Current Assets
(a) Inventories 2,80,000 2,00,000
(b) Trade Receivables 1,07,000 1,30,000
(c) Cash and Cash Equivalents 4 18,000 80,000
(d) Other Current Assets: Prepaid Expenses ... 3,000
Total 7,46,000 6,45,000