Q: In January 2014 you had 7 equipment machines in your facton, During 2014, 2 machines broke down and could not be used any more. In December 2014 you had 9 equipment machines. During 2014, how much were your gross and net investmens in machine units? A: Gross investments (in machine units) Net investments (in machine units)

Q: In January 2014 you had 7 equipment machines in your facton, During 2014, 2 machines broke down and could not be used any more. In December 2014 you had 9 equipment machines. During 2014, how much were your gross and net investmens in machine units? A: Gross investments (in machine units) Net investments (in machine units)

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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Q2:X Ltd., has a current ratio of 3.5:1 and quick ratio of 2:1. If excess of current assets over quick assets represented by inventories is $ 24000 , Calculate current assets and current liabilities.
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Given non-current assets of £40,000, current assets of £13,000, current liabilities of £4,000, and non-current liabilities of £10,000, owner's equity will be: The equity value is £enter your response here
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