QUESTION 2: CASH FLOW STATEMENT, NOTES TO FINANCIAL STATEMEN…
QUESTION 2: CASH FLOW STATEMENT, NOTES TO FINANCIAL STATEMENTS AND RATIOS (43 marks; 26 minutes) You are provided with information relating to Blusser Limited for the year ended 30 June 2020. Blusser Limited is a public company listed on the JSE. REQUIRED: 2.1 Complete the note for Ordinary share capital to the Balance Sheet on 30 June 2020. (5) 2.2 Calculate the missing figures indicated by (a) to (g) in the Cash Flow Statement. NOTE: Indicate the correct flow of cash in the finale answer. (18) 2.3 The Cash Flow Statement highlights some significant decisions taken by the directors over the past year. Explain TWO decisions. Quote figures to support your answer. (6) 2.4 At the AGM, the directors announce that the company will: · Conduct training of all employees in terms of morals and ethics. · Donate funds towards cleaning up the environment. Explain why this is necessary although this will cost the company a lot of money each year. State THREE points. (6) 2.5 Calculate the following financial indicators on 30 June 2020: · Acid-test ratio (5) · Net asset value per share (3)