The following is the extract of Balance Sheet of  Yellow Limited as on  31.03.2023 :   ₹4,00,000 Equity shares of  ₹ 10 each  40,00,000 General Reserve  48,00,000 Profit & Loss Account 10,00,000  Securities Premium  18,00,000 Secured Loans  60,00,000Unsecured Loans  32,00,000 Current Liabilities  28,00,000    2,36,00,000 Property, Plant and Equipment  90,00,000  Investments  18,00,000 Current Assets  1,28,00,000   2,36,00,000The company intends to buy-back 80,000 equity shares of ₹ 10 each at  a premium of 150%.You are required to state whether the company can buy back equity  shares.

Current Assets ₹4,00,000; Current Liabilities ₹2,00,000 and Inventory is ₹50,000. Quick Ratio will be :a.`2 : 1b.1.75 : 1c.`4 : 7d.`2.25 : 1

Following information are available of subsidiary company. (सहायक कम्पनी की निम्नलिखित सूचनायें उपलब्ध हैं) Opening balance of P/L Account (लाभ-हानि खाते का शेष प्रारम्भिक) ₹ 5,000. Closing balance of P/L Account (लाभ-हानि खाते का शेष अन्तिम) ₹ 50,000. General Reserve Opening (सामान्य संचय-प्रारम्भिक) ₹ 20,000. General Reserve Closing (सामान्य संचय-अन्तिम) ₹ 23,000. Paid up share capital ₹ 3,50,000 purchased by holding company on 1st August. The profit for current year of subsidiary company will be (प्रदत्त अंश पूँजी ₹ 3,50,000 के अंश सूत्रधारी कम्पनी ने 01 अगस्त को खरीदे। सहायक कम्पनी के चालू वर्ष के लाभ होंगे)a.₹ 45,000b.₹ 48,000c.₹ 53,000d.₹ 47,000

A Company’s liquid assets are ₹5,00,000 and its current liabilities are ₹3,00,000. Thereafter,it paid 1,00,000 to its trade payables. Quick ratio will be:a.`2 : 1b.2.5 : 1c.1.67 : 1d.1.33 : 1

Prepare cash flow statements as per AS-3 from the following balance sheet of Lupin Ltd. and additional information. PARTICULARS NOTE NO. 31.03.2023 (₹) 31.03.2022 (₹) I. EQUITY & LIABILITIES 1. Shareholders’ Funds (a) Share Capital (b) Reserves & Surplus 2. Non-Current Liabilities Long-term borrowings (10% Debentures) 3. Current Liabilities (a) Short-term borrowings (bank overdraft) (b) Trade payables (c) Short-term provisions (provision for tax) 1 50,000 3,700 6,500 6,800 11,000 10,000 40,000 3,000 6,000 12,500 12,000 8,000 TOTAL 88,000 81,500 6 I. ASSETS 1. Non-Current Assets (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant & Equipment 2. Current Assets (a) Inventories (b) Trade Receivables (c) Cash & Cash Equivalents (d) Short-term loans and advances 2 25,000 35,000 24,000 3,500 500 30,000 30,000 20,000 1,200 300 TOTAL 88,000 81,500 Notes to Accounts: PARTICULARS 31.03.2023 (₹) 31.03.2022 (₹) 1. Reserve and Surplus: Statement of Profit & Loss General Reserve 1,300 2,400 1,000 2,000 3,700 3,000 2. Property, Plant & Equipment Machinery Less: Accumulated Depreciation 40,000 (15,000) 41,000 (11,000) 25,000 30,000 Additional Information: (i) Additional 10% Debentures were issued on 31.03.2023. (ii) Proposed dividend for the year 2021-22 and 2022-23 were ₹2,500 and ₹3,000

GB Limited acquired 80% of equity shares of TB Limited on 1st April, 15  2016 at a cost of ₹ 58,00,000 when TB Limited had an Equity share  capital of ₹ 50,00,000 and Reserves and Surplus of ₹ 4,64,000.The following information is provided :Year Profit/(Loss) of TB Limited (₹) 2016-17 (14,50,000) 2017-18 (23,20,000)2018-19 (29,00,000) 2019-20 (6,96,000)2020-21 1,90,000 2021-22 6,80,000 2022-23 12,70,000  You are required to calculate the minority interests and cost of control at the end of each year for the purpose of consolidation.