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CAPE Accounting Unit 1 · 2008 · Paper 2 · Question 3(a)

The Maraval Company comparative balance sheets for 2006 and 2007, income statement for 2007, and additional information regarding equipment sale and dividends paid are provided.

Prepare the statement of cash flows (SCF) using the indirect method.

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Other parts of this question

  1. 3(b)(i)Calculate the Current ratio for Maraval Company for 2007.[2 marks]
  2. 3(b)(ii)Calculate the Acid test ratio for Maraval Company for 2007.[2 marks]
  3. 3(b)(iii)Calculate the Net income per cent for Maraval Company for 2007.[2 marks]
  4. 3(b)(iv)Calculate the Return on total assets for Maraval Company for 2007.[2 marks]
  5. 3(b)(v)Calculate the Debt to equity ratio for Maraval Company for 2007.[2 marks]
  6. 3(c)Describe Gordon Limited's current financial situation and give a justification for your answer.[5 marks]

More practice: the rest of this paper · more Published Accounts and Statement of Cash Flows questions · all CAPE Accounting Unit 1 past papers