Professional Documents
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PRESENTED BY- ROLL NO.
° 2 FIXED ASSETS
° Fixed assets (Other than land acquired free of cost from
State Government) are carried at the cost of acquisition or
construction less accumulated depreciation Land acquired
free of cost from State Government is valued of Rs.1/- per
acre.
°
° 3 INVENTORY VALUATION
° i) Inventory is valued at actual /estimated cost or net
realiasable value, whichever is lower. ii) Finished goods and
work in progress are valued at actual /estimated factory
cost or net realiasable value whichever is lower
° INVESTMENT
° Investment held/intended to be held over one year (i.e. being
long term ) are valued at cost less provision for diminution in
value other than temporary, while current quoted investments
are valued at lower of cost or market value
° INVENTORY
° Non moving items of stores are analysed from time to time.
Materials found surplus on physical verification are either
disposed off or reviewed to find out alternative uses for the
same. Loss,if any, is accounted for when it is ascertained.
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° 2) SUNDRY DEBTOR
° In the year 2008 In the year 2009
14529.19/10755.4 X 100 = 135.08 20460.21/10755.44 X100 =
° 190.23
° "**7 there is overall increase in current assets over the year so is
showing the increasing trend. On the basis of such trend we can say
current assets may be increased in future also.
°
° 3) INVENTORIES
° In the year 2008 in the year 2009
° 12465.39/12293.59 X 100=101.39 12305.62/12293.59=100.09%
° "**7 there is overall decrease in current assets over the year so is
showing the decreasing trend. On the basis of such trend we can say
current assets may be decrease in future also.
RATIO ANALYSIS OF
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"**- short term financial position of this company is not very good
because the ratio is below ideal standard. The ratio of this company is
0.54:1 and ideal current ratio is 2:1