Non current assets in 31.3.2016 is 21,30,000 and in 31.3.2017 is 36,30,000. What is the absolute change and percentage change?

Comparative statements

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Common size statements

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Cash flow statements

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None of these

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Solution

The correct option is B
Common size statements

The absolute change is (Rs 36,30,000 - Rs 21,30,000 ) i.e. increase of Rs 15,00,000
and percentage change is (15,00,000/21,30,000) * 100 i.e. 70.42 %

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Q. Prepare a common size Balance Sheet of KJ Ltd. from the following information:

	Particulars	Note No.	31.3.2017 Rs.	31.3.2016 Rs.
I-	Equity and Liabilities:-
1.	Shareholder's Funds		$8, 00, 000$	$4, 00, 000$
2.	Non-current Liabilites		$5, 00, 000$	$2, 00, 000$
3.	Current Liabilities		$3, 00, 000$	$2, 00, 000$
		Total	$¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 16, 00, 000 - --------- -$	$¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 8, 00, 000 - -------- -$
II-	Assets
1.	Non-current Assets		$10, 00, 000$	$5, 00, 000$
2.	Current Assets		$6, 00, 000$	$3, 00, 000$
		Total	$¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 16, 00, 000 - --------- -$	$¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 8, 00, 000 - -------- -$

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Non current assets in 31.3.2016 is 21,30,000 and in 31.3.2017 is 36,30,000. What is the absolute change and percentage change?

The correct option is B Common size statements The absolute change is (Rs 36,30,000 - Rs 21,30,000 ) i.e. increase of Rs 15,00,000 and percentage change is (15,00,000/21,30,000) * 100 i.e. 70.42 %

The correct option is B
Common size statements

The absolute change is (Rs 36,30,000 - Rs 21,30,000 ) i.e. increase of Rs 15,00,000
and percentage change is (15,00,000/21,30,000) * 100 i.e. 70.42 %