SITXFIN010 Profit and Loss Report 2021-22

Questions about the Income Statement.                                          a. List 2 expense accounts AND their amounts for 2020 b. What was the net profit/(loss) for 2020? What about 2019? c.Compared with 2019, has the net profit/(loss) increased or decreased?

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%.…

INVOICE issued date 05/05/2020 as below: You have received an invoice from one of our suppliers and you are required to prepare: (i) Double entry for the invoice you have received base on the account and supplier number provided. (ii) Base on tax point of view, specify each item whether it is Capital or Revenue expenditure.

Hello Tutor, Can I have assistance with creating the attached commomn statement using income and Balance sheet statements along with the interpreation.  I would really appreciate it. using the column of difference on Balance sheet and some transactions on income to determine added or subtracted and transfer to appropriate activity (operating, investing, and financing) with numbers (NO  ü). Please insert more column as you need              Items 2020 2019 Difference Added Subtracted Operating Investing Financing…

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.

Types of accounts answer choices: Asset Equity Expense Liability Revenue Normal balance answer choices: Credit Debt Increase (Dr. or Cr.) Credit Debt

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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

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prepare statment of profit or loss(extract) for the year ended 31 december 2019

Provide a Conclusion and Recommendation for the company.

Hi, Could you please help me fill in the missing values labeled a through i. Thank you

Please do not give solution in image format thanku

make journal entries for recording interest income and interest received and recognition of FV at dec31, 2023, 2024, and 2025.  the entries should be: to record interest collected (3 lines) to record Fair value adjustment to record interest collected (3 lines) to record Fair value adjustment to record interest collected (3 lines) to record gain or loss  Dont use AI Tools. Thank you