Cash 100,000 Notes Payable Q Accounts Receivable Q Accounts payable 80,000 Inventory Q Total Current Liabilities Q Total Current Assets 300,000 Long Term Debt Q Fixed Assets 400,000 Common Equity Q Total Assets 700,000 Total Liabilities and equity Q Additional information: Sales RM500,000 Average Collection Period 120 days Debt Ratio 50% Current Ratio 2.5X Based on the information above, fill up the total amounts of each of the item marked as ‘Q’ in the above said balance sheet for year ending 31 December 2018.
Cash 100,000 Notes Payable Q Accounts Receivable Q Accounts payable 80,000 Inventory Q Total Current Liabilities Q Total Current Assets 300,000 Long Term Debt Q Fixed Assets 400,000 Common Equity Q Total Assets 700,000 Total Liabilities and equity Q Additional information: Sales RM500,000 Average Collection Period 120 days Debt Ratio 50% Current Ratio 2.5X Based on the information above, fill up the total amounts of each of the item marked as ‘Q’ in the above said balance sheet for year ending 31 December 2018.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Canon Sdn Bhd
|
Cash |
100,000 |
Notes Payable |
Q |
|
Accounts Receivable |
Q |
Accounts payable |
80,000 |
|
Inventory |
Q |
Total Current Liabilities |
Q |
|
Total Current Assets |
300,000 |
Long Term Debt |
Q |
|
Fixed Assets |
400,000 |
Common Equity |
Q |
|
Total Assets |
700,000 |
Total Liabilities and equity |
Q |
Additional information:
Sales RM500,000
Average Collection Period 120 days
Debt Ratio 50%
Current Ratio 2.5X
Based on the information above, fill up the total amounts of each of the item marked as ‘Q’ in the above said balance sheet for year ending 31 December 2018.
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