SITXFIN010 Profit and Loss Report 2021-22

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Please try to answer accurately and accordance with requirements.Thank you!The general ledger of Emerates Traders Ltd includes the following accounts as at 30 June 2018:$000Sales Revenue 8,280Dividend Received 126Interest Received 65Cost of Sales 1,105Selling and Distribution expenses 450Administration expenses 1,550Finance costs 16Valuation loss on trading investments (considered a material item) 250Income tax expense charged to profit and loss 1,500Expenses classified by nature include:Auditors Remuneration:Audit of accounts 20Information technology controls advice 5 25Depreciation expense:Buildings 120Plant and Equipment 225 345Additional InformationThe valuation loss on investments held for trading is not tax deductible.Task 4a. Complete a Statement of Comprehensive Income showing expenses classified byfunction on the face of the Income Statement together with notes to the incomestatement including the material item.- Note that Emerates Traders Ltd discloses material items on the…

Compute RNOA with Disaggregation Refer to the balance sheet information below for Home Depot. Jan. 28, Feb. 3, 2019 2018 $14,357 $13,918 Operating assets Nonoperating assets Total assets Operating liabilities Nonoperating liabilities Total liabilities Net sales Operating expense before tax Net operating profit before tax (NOPBT) Other expense Income before tax Tax expense Net income $ millions NOPAT $ Numerator a. Compute return on net operating assets (RNOA). Assume a statutory tax rate of 22%. Note: 1. Select the appropriate numerator and denominator used to compute RNOA from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute 2018 RNOA. RNOA Numerator Average NOA $ Numerator Net income $ 605 1,222 $14,962 $15,140 $5,671 $5,456 9,929 9,190 $15,600 $14,646 $36,789 31,509 ◆ Average NOA x S ♦ OPAT x S 5,280 331 4,949 1,168 $3,781 b. Disaggregate RNOA into components of profitability (NOPM) and productivity (NOAT). Assume a statutory tax rate of 22%.…

tests.mettl.com/test-window/f55ac827#/testWindow/0/16/1 EY Accounting Assessment O Total 00:54.47 Finish Test Section 1 of 1 Section #1 v 10 11 12 13 14 15 16 17 18 19 20 17 of 45 All 2 43 Question # 17 G Revisit Choose the best option Which of the following formula best describes the acid test or quick ratio? Current assets: Current liabilities. Debtors: Creditors O (Current assets stock) Current liabilities. O Current assets: (Current liabilities - bank overdraft). Frev Cueston Next Question +91-82878-03040 Zaineh | Support +1-650-924-9221 metil 413 PM 1/16/2021 Type here to search

SCORE: SECTION: PROFESSOR: Problem #21 Preparation of Financial Statements 2019: Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Allowance for Uncollectible Accounts Cash Calamba, Capital Calamba, Drawing Equipment Transportation In General Expenses (control) Interest Expense Merchandise Inventory, December 31 Notes Payable Prepaid Insurance P 677,820 545,070 462,870 18,790 132,310 612,000 326,400 753,150 224,880 149,390 35,000 1,320,420 299,000 7,350 5,407,160 43,050 259,600 499,600 Purchases Purchases Discounts Purchases Returns and Allowances Santiago, Capital Santiago, Drawing Sales Sales Returns and Allowances 244,800 7,155,000 375,750 385,880 Selling Expenses (control) There were no changes in the partners' Capital accounts during the year. The merchandise inventory at the beginning of the year was P1,440,590. The partnership agreement provides for salary allowances of P330,000 for Calamba and P290,000 for Santiago. It also stipulates an interest allowance…

You are required to calculate:1. Liquidity ratios 2. Solvency rations 3. Profitability ratios For the selected companies and shortly write your comments and findings.

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Use this example to determine the net income or net loss solve this general accounting question not use ai..thank you

You have been provided with financial statements for TKC limited for the year ending 31December 2023. All figures are Botswana PulaTKC Limited Statement of Income for the year ended 2023   2023 2022 Revenue 5 330 761 5 420 595  Cost of sales  (4 141 605) (4 167 850) Gross Profit 1 189 156 1 252 746 Other income  45 191 52 617 Loss of disposal of equipment (201) (656) Impairment reversal    (9 868) Changes in credit allowances  16 954 (1 412)  Admin expenses  (855 718) (901 870) Seling and distribution  (35 119)  (63 200)  Other expenses (134 689)  (140 741) Non-monetary translation  589  20 366 Profit  226 163 207 982 Finance income  103 110 Finance cost (110 036) (105 005) Profit before tax 116 230  105 005 Taxation  (34 336) (6 076) Profit for the year  81 894 98 929 TKC Limited Statement of Financial position as at 31 December 2023   2023 2022 Non-current assets     Property and equipment  1 067 576 1 218 626 Goodwill  64 477 65 735…

Income statement and statement of financial position. Information attached below.

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Provide a Conclusion and Recommendation for the company.

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You have been provided with financial statements for TKC limited for the year ending 31December 2023. All figures are Botswana PulaTKC Limited Statement of Income for the year ended 20232023 2022Revenue 5 330 761 5 420 595Cost of sales (4 141 605) (4 167 850)Gross Profit 1 189 156 1 252 746Other income 45 191 52 617Loss of disposal of equipment (201) (656)Impairment reversal (9 868)Changes in credit allowances 16 954 (1 412)Admin expenses (855 718) (901 870)Seling and distribution (35 119) (63 200)Other expenses (134 689) (140 741)Non-monetary translation 589 20 366Profit 226 163 207 982Finance income 103 110Finance cost (110 036) (105 005)Profit before tax 116 230 105 005Taxation (34 336) (6 076)Profit for the year 81 894 98 929TKC Limited Statement of Financial position as at 31 December 20232023 2022Non-current assetsProperty and equipment 1 067 576 1 218 626Goodwill 64 477 65 735Investments in new projects 8 136 10 2701 160 189 1 294 631Current assetsInventories 340 692 305…

You have been provided with financial statements for TKC limited for the year ending 31December 2023. All figures are Botswana PulaTKC Limited Statement of Income for the year ended 20232023 2022Revenue 5 330 761 5 420 595Cost of sales (4 141 605) (4 167 850)Gross Profit 1 189 156 1 252 746Other income 45 191 52 617Loss of disposal of equipment (201) (656)Impairment reversal (9 868)Changes in credit allowances 16 954 (1 412)Admin expenses (855 718) (901 870)Seling and distribution (35 119) (63 200)Other expenses (134 689) (140 741)Non-monetary translation 589 20 366Profit 226 163 207 982Finance income 103 110Finance cost (110 036) (105 005)Profit before tax 116 230 105 005Taxation (34 336) (6 076)Profit for the year 81 894 98 929 TKC Limited Statement of Financial position as at 31 December 20232023 2022Non-current assetsProperty and equipment 1 067 576 1 218 626Goodwill 64 477 65 735Investments in new projects 8 136 10 2701 160 189 1 294 631Current assetsInventories 340 692 305…

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S Find online the annual 10 - K report for Costco Wholesale Corporation (COST) for September 28, 2023 f. Did the company have any contingent liabilities at the balance sheet date? Discuss the specific nature of these contingencies and how (or whether) they are expected to affect the firm's financial health h ASSEN s Ope TOTAL ASSETS CURRENT LIABILITIES LABILITIES AND EQUITY A Der Cap OTT L se org TOTAL LIATES COMMITMENTS AND CONTINGENCIES COUNTY 10 suhted this Consescanda Talk sil TOTAL LIABUTES AND EQUITY 2/12 3/18 2241 17667 Sa 24741 2/14 4 04.15 17482 s 52.545 2321 7301 топ 2337 2174 1.589 22 5611 TRE 3377 242 2482 2555 2.558 BUX 4351 = - 2 7.340 084 138931 21842 25194 21547 94111

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Problem 17-10 Marin, Inc. had the following equity investment portfolio at January 1, 2020. 960 shares @ $15 each 860 shares @ $19 each $14,400 16,340 Evers Company Rogers Company Chance Company Equity investments @ cost Fair value adjustment Equity investments @ fair value 480 shares @ $8 each 3,840 34,580 (7,780 ) $26,800 During 2020, the following transactions took place. On March 1, Rogers Company paid a $2 per share dividend. On April 30, Marin, Inc. sold 300 shares of Chance Company for $12 per share. On May 15, Marin, Inc. purchased 110 more shares of Evers Company stock at $16 per share. At December 31, 2020, the stocks had the following price per share values: Evers $17, Rogers $18, and Chance $7. 1. 2. 3. 4. During 2021, the following transactions took place. On February 1, Marin, Inc. sold the remaining Chance shares for $7 per share. On March 1, Rogers Company paid a $2 per share dividend. On December 21, Evers Company declared a cash dividend of $3 per share to be paid in…