Analysis of financial statement 2

Patents and trademarks are examples of

• Intangible fixed assets

• Tangible fixed assets

• Intangible assets under development

• Capital work-in-capital

Identify the item which is not a part of shareholders' funds

• Share application money pending allotment

• Share capital

• Reserves and surplus

• Money received against share warrants

From the given items which is not shown under current liabilities

• Trade payables

• Short-term provisions

• Short-term borrowings

• Inventories

From the given items which is a part of current liabilities

• Inventories

• Trade payables

• Cash and cash equivalents

• Trade receivables

Which of the following is not shown as non-current liabilities

• Trade payables

• Long-term borrowings

• Deferred tax liabilities

• Long-term provisions

Which of the following is not a long-term borrowing

• Bonds

• Debentures

• Public deposits

• Trade payables

Which of the following is not a short-term borrowing

• Deposits

• Loans repayable on demand

• Bank overdraft

• Trade receivables

Which of the following is not a non-current asset

• Fixed assets

• Share capital

• Long-term loans and advances

• Non-current investments

If the operating cycle cannot be identified, it is assumed to be a period of

• 10 months

• 11 months

• 9 months

• 12 months

Cash and cash equivalents does not include

• Cheques

• Balance with banks

• Bank deposits with more than 12 months maturity

• Inventories