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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 ? ? 3,500,000.00 800,000.00 400,000.00 200,000.00 ? 400,000.00 ? ? 63,000.00 248,880.00 ? 5,255,000.00 100,000.00 ? ? 600,000.00 435,000.00 300,000.00 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

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 ? ? 3,500,000.00 800,000.00 400,000.00 200,000.00 ? 400,000.00 ? ? 63,000.00 248,880.00 ? 5,255,000.00 100,000.00 ? ? 600,000.00 435,000.00 300,000.00 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

FINANCIAL ACCOUNTING
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

d. Earnings available for common stockholders

RM_____________

e. Total current assets RM_____________.

otal gross fixed assets (at cost) is RM_________________.

f. Total current liabilities 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
Transcribed Image Text: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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