Increase (decrease) AMOUNT 2015 2014 PERCENT Assets Current Assets Cash & Cash Equivalent Held for Trading Trade & Other Receivables Inventory Total Current Assets 24,890 2,120 10,000 16,000 8,960 59,850 6,000 10,600 18,720 Non-Current Asset Property, Plant & Equipment Investment in Equity Securities 150,000 16,000 166,000 225,850 161,280 20,000 181,280 200,000 Total Non-Current Asset TOTAL ASSETS Liabilities and Shareholders’ Equity Current Liabilities Trade & Other Payables Unearned Revenues Notes Payable – current Total Current Liabilities Non – Current Liabilities Notes Payable – non-current Total Liabilities 8,400 10,600 3,350 11,650 900 600 19,900 15,600 73,550 100,000 93,450 115,600 Shareholders’ Equity Ordinary Shares, P100 par Premium on Ordinary Shares Total paid-in-capital 80,000 16,000 96,000 60,000 10,000 70,000 Retained Earnings Total Shareholders’ Equity TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY 36,400 132,400 14,400 84,400 225,850 200,000
Increase (decrease) AMOUNT 2015 2014 PERCENT Assets Current Assets Cash & Cash Equivalent Held for Trading Trade & Other Receivables Inventory Total Current Assets 24,890 2,120 10,000 16,000 8,960 59,850 6,000 10,600 18,720 Non-Current Asset Property, Plant & Equipment Investment in Equity Securities 150,000 16,000 166,000 225,850 161,280 20,000 181,280 200,000 Total Non-Current Asset TOTAL ASSETS Liabilities and Shareholders’ Equity Current Liabilities Trade & Other Payables Unearned Revenues Notes Payable – current Total Current Liabilities Non – Current Liabilities Notes Payable – non-current Total Liabilities 8,400 10,600 3,350 11,650 900 600 19,900 15,600 73,550 100,000 93,450 115,600 Shareholders’ Equity Ordinary Shares, P100 par Premium on Ordinary Shares Total paid-in-capital 80,000 16,000 96,000 60,000 10,000 70,000 Retained Earnings Total Shareholders’ Equity TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY 36,400 132,400 14,400 84,400 225,850 200,000
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
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