Quiz Space

Financial Forensics · Quiz 1 · 29 Oct 2023 · September 2023 term

Question 17: Alpha Corporation is a manufacturer of furniture. In a r…

Question 17

+1 markOne correct option

Based on the following information, answer the given subquestions.

Alpha Corporation is a manufacturer of furniture. In a recent year, it reported the following activities. Please note that the figures in the parenthesis indicates negative values.

Net income₹ 5,135
Purchase of property, plant, and equipment1,071
Borrowings under line of credit (bank)1,117
Proceeds from issuance of stock11
Cash received from customers37,164
Payments to reduce long-term debt46
Sale of marketable securities219
Proceeds from sale of property and equipment6,894
Dividends paid277
Interest paid₹ 90

What is the total cash flow of the company for the year?

  1. A

    ₹ 43,866

  2. B

    ₹ 51,194

  3. C

    ₹ (34,910)

  4. D

    ₹ 43,921

Show answer

Correct answer

  • D

    ₹ 43,921

See the whole paperTake it as a mock test

Question 17 of 30 in the IIT Madras BS Financial Forensics (Financial Forensics) Quiz 1 paper sat on 29 Oct 2023, in the September 2023 term (IIT M DEGREE AN2 EXAM QPE2 29 Oct 2023). It carries 1 mark.

More questions from this paper

  1. Q1As on Aug 12^(th), 1946 if a balance sheet is created, what are the total assets and liabilities as on Aug 12^(th) resp…
  2. Q2The cash balance as on Aug 12^(th) 1946
  3. Q3On Aug 15^(th) 1946, there was security deposit of 35\$ for beer license. How will it impact the balance sheet:
  4. Q4In Oct there is new equipment added which costed 415.95\$. The total assets on Assets side now will be:
  5. Q5The cash balance in the balance sheet post the purchase of given equipment will be:
  6. Q6In November as seen, Mrs Bevan added another 400\$, how will it impact the Balance sheet?
  7. Q7What is the primary purpose of a balance sheet in financial accounting?
  8. Q8What financial statement is often used to analyze a company's profitability over a specific period?
  9. Q9Which of the following is an example of an intangible asset that may be reported on a balance sheet?
  10. Q10Which financial statement provides information about a company's cash flows from operating, investing, and financing ac…
  11. Q11At the beginning of the month the company hired workers and employees for a total monthly remuneration of ₹ 75,000 paya…
  12. Q12Mr. Steven started a furniture business with ₹ 55,00,000 as capital. 40% of the amount was brought in cash and the rema…
  13. Q13All of the following are long-term liabilities except:
  14. Q14Alpha Corporation is a manufacturer of furniture. In a recent year, it reported the following activities. Please note t…
  15. Q15Alpha Corporation is a manufacturer of furniture. In a recent year, it reported the following activities. Please note t…
  16. Q16Alpha Corporation is a manufacturer of furniture. In a recent year, it reported the following activities. Please note t…
  17. Q18The given table is the income statement of Zara Enterprises for three years. Each income statement is missing some numb…
  18. Q19The given table is the income statement of Zara Enterprises for three years. Each income statement is missing some numb…
  19. Q20The given table is the income statement of Zara Enterprises for three years. Each income statement is missing some numb…
  20. Q21The given table is the income statement of Zara Enterprises for three years. Each income statement is missing some numb…
  21. Q22The given table is the income statement of Zara Enterprises for three years. Each income statement is missing some numb…
  22. Q23The given table is the income statement of Zara Enterprises for three years. Each income statement is missing some numb…
  23. Q24The given table is the income statement of Zara Enterprises for three years. Each income statement is missing some numb…
  24. Q25The given table is the income statement of Zara Enterprises for three years. Each income statement is missing some numb…
  25. Q26The given table is the income statement of Zara Enterprises for three years. Each income statement is missing some numb…
  26. Q27The given table is the income statement of Zara Enterprises for three years. Each income statement is missing some numb…
  27. Q28QED Electronics Company had the following transactions during April while conducting its television and stereo repair b…
  28. Q29QED Electronics Company had the following transactions during April while conducting its television and stereo repair b…
  29. Q30QED Electronics Company had the following transactions during April while conducting its television and stereo repair b…