Cost of Goods Sold (Purchases + Production cost is ) RM______________.The gross pofit is RM____________.Net profit before taxes is RM______________.Earnings available for common stockholders RM_____________Total current assets RM_____________.Total gross fixed assets (at cost) is RM_________________.Total current liabilities is RM_________________.Total liabilities: RM_____________.Total stockholders’ equity is RM_____________.Current ratio is ____________ times.Quick ratio is ____________ times.Inventory turnover is ________ times.Average collection period is RM__________ days.Debt ratio is ____________%.Debt to Equity ratio is ___________%.Net profit margin is _____%.Book value per share is RM_________. Eclipse BerhadEclipse BerhadIncome Statement as of 31 December 2022Sales revenuePurchasesProduction CostsGross profitsTotal operating expenseOperating profitsLess: Interest expenseNet profits before taxesLess: TaxesNet profits after taxesLess: Preferred stock dividendsEarnings available for common stockholdersBalance Sheet as of 31 December 2022AssetsCash and Cash EquivalentAccounts receivableInventoriesTotal current assetsLand and buildingsMachinery and equipmentFurniture and fixturesVehiclesTotal gross fixed assets (at cost)Less: Accumulated depreciationNet fixed assetsTotal assetsLiabilities and Stockholders' EquityAccounts payableShort term loanAccrualsTotal current liabilitiesLong-term debt (includes financial leases)Total liabilitiesMachinery and equipmentFurniture and fixturesVehiclesTotal gross fixed assets (at cost)Less: Accumulated depreciationNet fixed assetsTotal assetsLiabilities and Stockholders' EquityAccounts payableShort term loanAccrualsTotal current liabilitiesLong-term debt (includes financial leases)Total liabilitiesPreferred StocksCommon Stocks:Par value - RM1, Authorized: 1,000,000 unitsIssued and Outstanding: 750,000Market price: RM1.85Retained earningsTotal stockholders' equityTotal liabilities and stockholders' equity????2022??2,500,000.00750,000.00250,000.002022????3,500,000.00800,000.00400,000.00?63,000.00?248,880.00?100,000.005,255,000.00?600,000.00435,000.00300,000.00?400,000.00200,000.001,500,000.00980,000.00375,000.00150,000.00240,000.00800,000.00400,000.00200,000.005,255,000.00980,000.00375,000.00150,000.00240,000.001,500,000.00500,000.001,850,000.00640,000.005,255,000.00

Hi student Since there are multiple subparts, we will answer only first three subparts. Cost of…

Answered: Cost of Goods Sold (Purchases +…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Cost of Goods Sold (Purchases + Production cost is ) RM______________.
The gross pofit is RM____________.
Net profit before taxes is RM______________.
Earnings available for common stockholders RM_____________
Total current assets RM_____________.
Total gross fixed assets (at cost) is RM_________________.
Total current liabilities is RM_________________.
Total liabilities: RM_____________.
Total stockholders’ equity is RM_____________.
Current ratio is ____________ times.
Quick ratio is ____________ times.
Inventory turnover is ________ times.
Average collection period is RM__________ days.
Debt ratio is ____________%.
Debt to Equity ratio is ___________%.
Net profit margin is _____%.
Book value per share is RM_________.

Eclipse Berhad
Eclipse Berhad
Income Statement as of 31 December 2022
Sales revenue
Purchases
Production Costs
Gross profits
Total operating expense
Operating profits
Less: Interest expense
Net profits before taxes
Less: Taxes
Net profits after taxes
Less: Preferred stock dividends
Earnings available for common stockholders
Balance Sheet as of 31 December 2022
Assets
Cash and Cash Equivalent
Accounts receivable
Inventories
Total current assets
Land and buildings
Machinery and equipment
Furniture and fixtures
Vehicles
Total gross fixed assets (at cost)
Less: Accumulated depreciation
Net fixed assets
Total assets
Liabilities and Stockholders' Equity
Accounts payable
Short term loan
Accruals
Total current liabilities
Long-term debt (includes financial leases)
Total liabilities
Machinery and equipment
Furniture and fixtures
Vehicles
Total gross fixed assets (at cost)
Less: Accumulated depreciation
Net fixed assets
Total assets
Liabilities and Stockholders' Equity
Accounts payable
Short term loan
Accruals
Total current liabilities
Long-term debt (includes financial leases)
Total liabilities
Preferred Stocks
Common Stocks:
Par value - RM1, Authorized: 1,000,000 units
Issued and Outstanding: 750,000
Market price: RM1.85
Retained earnings
Total stockholders' equity
Total liabilities and stockholders' equity
?
?
?
?
2022
?
?
2,500,000.00
750,000.00
250,000.00
2022
?
?
?
?
3,500,000.00
800,000.00
400,000.00
?
63,000.00
?
248,880.00
?
100,000.00
5,255,000.00
?
600,000.00
435,000.00
300,000.00
?
400,000.00
200,000.00
1,500,000.00
980,000.00
375,000.00
150,000.00
240,000.00
800,000.00
400,000.00
200,000.00
5,255,000.00
980,000.00
375,000.00
150,000.00
240,000.00
1,500,000.00
500,000.00
1,850,000.00
640,000.00
5,255,000.00

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