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- of current year, an equipment was leased to another entity France Company is a dealer in equipment. At the beginning Problem 14-15 (IAA) with the following provisions: Annual rental payable at the end of each year Lease term and useful life of machinery Cost of equipment Residual value-unguaranteed Implicit interest rate PV of an ordinary annuity of 1 at 12% for 5 periods PV of 1 at 12% for 5 periods 1,500,000 5 year 4,000,000 500,000 12% 3.60 0.57 At the end of the lease term the equipment will revert to the lessor. The entity incurred initial direct cost of P200,000 in finalizing the lease agreement.What is the total dividend income during the year? a. 28,000 b. 16,000 c. 12,000 d. 40,000 e. None of the aboveCalculate the other income from the following Information Dividends income 1000 Opening stock 27800 Accounts payable 18000 Accounts receivable 123000 Prepaid expense 25100 Rental revenue 5200 Interest expenses 1450 Interest Income 8540 Select one: a. OMR 9450 O b. OMR 6200 c. OMR 14740 O d. OMR 1000
- q. 13 A company has $628 in inventory, $1,921 in net fixed assets, $300 in accounts receivable, $141 in cash, and $354 in accounts payable. What are the company’s total current assets? $769 $1,069 $2,990 $1,123 $1,423Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Current liabilities Accounts payable Salaries payable Income tax payable Total current liabilities (a1) a. $8,600 Current ratio 12,900 b. Quick ratio 145,000 5,200 $171,700 $53,300 3,600 1,000 $57,900 2024 $30,100 10,300 :1 105,000 $152,300 :1 6,900 $40,400 5,000 1,000 $46,400 $27,100 7,700 100,000 During 2024, credit sales and cost of goods sold were $138,040 and $82,500, respectively. The 2023 and 2022 credit sales were $151,200 and $151,840, respectively, and the cost of goods sold for the same periods were $79,950 and $82,325, respectively. The accounts receivable and inventory balances at the end of 2021 were $6,900 and $85,000, respectively. 5,600 $140,400 Using the above data, calculate the following ratios: (Round receivables turnover ratio and average collection period to 1 decimal place, e.g. 15.2, days to sell inventory to 0 decimal places, e.g. 152 and all other answers to 2 decimal…Question 10 of 25 Based on the following data, what is the amount of working capital? Accounts payable Accounts receivable Cash Intangible assets Inventory Long-term investments Long-term liabilities Short-term investments Notes payable (short-term) Property, plant, and equipment Prepaid insurance $404240 O $411680 > O $458800 $79360 141360 86800 124000 171120 198400 248000 99200 69440 1661600 2480
- If a business has the following balances, what would be the amount of total liabilities?ASSETSCash $ 5000Accounts Receivable 2575Equipment 14000OWNER'S EQUITYAnne Miller, Capital 2600Table 1: Gress Income Levels Amount (Millions) Beta Factor Disaggregate Gross Income 2020 2021 0.2 2.0 1.2 2.2 2.2 2018 2019 No Business Line/Year Corporate finance Trading and sales Retail banking Commercial banking 5 0.7 0.6 2.2 18% 2.2 2.4 18% 12% 2.2 0.5 1.3 4.1 1.1 2.0 0.5 3.2 15% 18% 0.4 Payment and settlement 6. 1.6 Agency services 7. 0.5 1.1 3.2 1.4 15% 12% 2.0 5.7 0.5 0.8 Asset management Retail brokerage 8. 0.2 0.4 3.9 1.6 12% Aggregate Gross Income 2019 2020 2021 16.0 14.0 15% 2018 Bank Level 14.2 10.0 Using the information in the table above, calculate the minimum capital requirement for the years 2021 and 2022 for operational risk under Basel II using the i) Basic Indicator Approach (BIA) ii) Standardised Approach (SA)Inventory $5000. Net Fixed Asset-50000 Accounts rec=$800 Cash= 1000 Accts payable=4500 How much is total current assets?
- (in millions) Net Income Total Assets Total Liabilities Total RevenuesExpedia $ 723 $ 15,504 $ 10,574 $ 6,672Priceline 2,551 17,421 8,625 9,224How would I figure out the net profit margin for thesePrivett Company Accounts payable Accounts receivable Accrued liabilities Cash $36,632 72,986 6,134 15,305 38,400 71,968 119,728 79,667 31,336 20,560 662,428 2,681 Based on the data for Privett Company, what is the amount of quick assets? Oa. $119,627 Ob. $781,037 Oc. $46,641 Od. $1,601,593 Intangible assets Inventory Long-term investments Long-term liabilities Marketable securities Notes payable (short-term) Property, plant, and equipment Prepaid expensesX Print Item Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and stockholders' equity Sales Cost of goods sold Gross margin Income Statement Operating expenses Interest expense Net income a. 2.8% b. 1.4% c. 11.3% d. 5.6% $67,366 89,760 79,299 63,350 $299,775 $93,016 37,206 $55,810 (21,965) (4,651) $29,194 Number of shares of common stock outstanding Market price of common stock Total dividends paid Cash provided by operations What is the return on total assets for Diane Company? 6,335 $26 $9,000 $30,000 All work saved. MacBook
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