Sales

Material Cost
Salaries and Wages
Depreciation
Interest
Other
Bad debt expense
Sub-Total
PBT
Tax
PAT

(In Lakhs)
1600
190
480
20
40
50
80
860
740
296
444

Comments
Consumption+Op Inv-Clsosing Inv
30% 0f Sales
Given
40% of bang borrowing+ FFCI
Only Admin

Interest on Bank Loan

Tax Rate
Bank Borrowing
Bad Debt % of sales
Salary & Wage %

40% (Annual)
40%
300
5%
30%

Quarterly
10%

Collections
Bonus Share Issue
Total Receipts
Material
Salaries & Wages
Interest
Other
Advance Tax
Equipment
FFCI Installment
Dividends
Total Payments
Surplus/Deficit
Opening Bank Borrowing
Closing Bank Borrowing

1560
0
1560
220
480
40
50
306
50
20
10
1176
384
300
0

Comments
Op Rec + Sales - Bad Debt + Collections = Closing Receivables
Bonus share issue does not affect cash

31-12-1996
Net Fixed Assets
Cash & Bank
Receivables
Inventory
Advance Tax
Total Current Assets
Payables
Bank Borrowing
Provision for Tax
Dividend Payable
Total Current Liabilities
Net Working Capital
Total Assets
FFCI Long Term Loan
Paid Up Share Capital
Reserves
Equity
Total Liabilities & Equity

500
3
140
30
10
183
80
300
20
10
410
-227
273
120
30
123
153
273

31-03-1997
530
87
100 Given
50 Given
316
553
70 Given
0
316
0
386
167
697
100
30
567
597
697

Number of Days of Receivables - DSO

5.6250 Annualizing Sales assuming Level