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Questions Tute DRL
Questions Tute DRL
1. What is DRL’s Asset Turnover in 2017 and 2018? Provide two reasons for the change in
this ratio.
2. How much cash has DRL collected from customers during the year ended 31st March
2018?
3. Was the proposed dividend for the year ended 31st March 2018 paid by that date? What
was the journal entry that DRL must have recorded for the proposed dividend?
4. What was the dividend paid during the year ended 31st March 2018?
5. Reconcile the change in Intangible Assets with the cash paid for purchase of Intangible
Assets.