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For answersheets contact info.answersheets@gmail.com +91 95030-94040 Financial Accounting & Analysis 1. An investor wants to tests the financial position of Asian Paints Ltd. Thus, he wants to assess the short term liquidity as well as long term solvency. Discuss the four relevant ratio’s which he will definitely look into. (10 Marks) 2. Discuss the components of Other Income under the statement of Profit and Loss accounts of any Indian Corporate. How other income is different from revenue from normal operations under the vertical format. (10 Marks) 3. The following information is provided by a dealer in computer chips. The dealer follows FIFO method for valuing stock, calculate from the following figures – Date April 1, 2019 Purchases April 10, 2019 April 20, 2019

particulars Opening stock 750 chips @Rs1550 per chip 1000 chips @Rs1750 per chip 1650 chips @ Rs1875 per chip

Sales April 15, 2019

900 chips @Rs3000 per

April 16, 2019

chip 1950 chips @ Rs 3250 per chip


a) Cost of goods available for sale (5 Marks) b) Gross profit (5 Marks)

For answersheets contact info.answersheets@gmail.com +91 95030-94040

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SOLVED 2019 JUNE NMIMS ASSIGNMENTS - The following information is provided by a dealer in computer c  

For answersheets contact info.answersheets@gmail.com +91 95030-94040 Financial Accounting & Analysis 1. An investor wants to tests the fi...

SOLVED 2019 JUNE NMIMS ASSIGNMENTS - The following information is provided by a dealer in computer c  

For answersheets contact info.answersheets@gmail.com +91 95030-94040 Financial Accounting & Analysis 1. An investor wants to tests the fi...

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