Prepare the cashflow statement of Horizon Ltd from the following information for the year 2020. Also state with the help of visual analysis of the cashflow statement, whether as a prospective investor will you be interested in investing in the company. Why or why not? Balance sheet of Horizon Ltd Liabilities 2019 2020 Assets 2019 2020 Equity share capital 3,00,00 0 4,00,00 0 Goodwill 115000 90000 8% Redeemable Preference share 1,50,00 0 1,00,00 0 Land and Building 2,00,00 0 1,70,00 0 General Reserve 40,000 70,000 Plant 80,000 2,00,00 0 Profit and Loss 30,000 48,000 Debtors 1,60,00 0 2,00,00 0 Proposed Dividend 42,000 50,000 Stock 77,000 1,09,00 0 Creditors 55,000 83,000 Bills receivables 20,000 30,000 Bills Payable 20,000 16,000 Cash 25000 18000 Provision for Taxation 40,000 50,000 6,77,00 0 8,17,00 0 6,77,00 0 8,17,00 0 Additional Information: Page 3 of 2 a) Depreciation on Plant is Rs.10,000 and depreciation on Land and Building is Rs.20,000 for the year 2020 b) An interim dividend of Rs.20,000 has been paid in 2020
Prepare the cashflow statement of Horizon Ltd from the following information for the year 2020. Also state with the help of visual analysis of the cashflow statement, whether as a prospective investor will you be interested in investing in the company. Why or why not? Balance sheet of Horizon Ltd Liabilities 2019 2020 Assets 2019 2020 Equity share capital 3,00,00 0 4,00,00 0
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