Lala Electronics Sdn. Bhd. Statement of Comprehensive Income for the year ended 31/12/2020 RM RM Sales 3,992,000 (2,680,000) (-) COGS Gross Profit 1,312,000 (912,000) 400,000 (85,000) 315,000 (-) Selling, General and Administrative expenses EBIT (-) Interest Expense EBT (-) Income Taxes (114,000) 201,000 Earnings after Taxes
Lala Electronics Sdn. Bhd. Statement of Comprehensive Income for the year ended 31/12/2020 RM RM Sales 3,992,000 (2,680,000) (-) COGS Gross Profit 1,312,000 (912,000) 400,000 (85,000) 315,000 (-) Selling, General and Administrative expenses EBIT (-) Interest Expense EBT (-) Income Taxes (114,000) 201,000 Earnings after Taxes
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
Problem 1PS
Related questions
Question
(i) Calculate the cash conversion cycle for Lala Electronics Sdn. Bhd.
Transcribed Image Text:Lala Electronics Sdn. Bhd.
Statement of Comprehensive Income for the year ended 31/12/2020
RM
RM
3,992,000
(2,680,000)
Sales
(-) COGS
Gross Profit
1,312,000
(912,000)
400,000
(85,000)
315,000
(114,000)
201,000
(-) Selling, General and Administrative expenses
EBIT
(-) Interest Expense
EBT
(-) Income Taxes
Earnings after Taxes
Transcribed Image Text:Lala Electronics Sdn. Bhd.
Statement of Financial Position as at 31/12/2020
Non-Current Asset:
RM
RM
Investment
270,000
Fixed Assets at cost
1,596,000
(857,000)
Accumulated Depreciation
Net Book Value
739,000
Current Asset:
Cash
178,000
678,000
1,329,000
56,000
Account Receivable
Inventory
Prepaid Expenses
2,241,000
3,250,000
Total assets
Current Liabilities:
Account Payable
Interest Payable
Income Taxes Payable
148,000
36,000
448,000
191,000
Other Accrued Liabilities
Total Current Liabilities
823,000
Long Term Liabilities:
Bank Loan
631,000
1,454,000
Total Liabilities
Equity:
Capital
Appropriate
Earnings)
782,000
1,014,000
Profit
(Retained
1,796,000
3,250,000
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education