Question no 2 On December 31, 2010 and 2011 Balance Sheet of ABC Ltd. Shows the following ASSETS 2011 2010 Cash 7000 4800 Accounts Receivable 8500 9500 Merchandise Inventory Equipment 32500 33200 30100 24000 ТОTAL 78100 71500 EQUITIES Accumulated Depreciation Equipment Accounts Payable Mortgage Payable Share Capital – Rs. 10 per share 6100 4800 16800 19400 6000 10000 30000 25000 Share Premium 2500 Retained Earnings 16700 12300 ТОTAL 78100 71500 Additional Information: 1. A fully depreciated equipment that costs of Rs. 800 was discarded and related accounts were closed. 2. Cash dividend of Rs. 4,000 were declared and paid. Required: Prepare a Cash Flow Statement. Showing Operating, Investing, Financing activities.

Question no 2 On December 31, 2010 and 2011 Balance Sheet of ABC Ltd. Shows the following ASSETS 2011 2010 Cash 7000 4800 Accounts Receivable 8500 9500 Merchandise Inventory Equipment 32500 33200 30100 24000 ТОTAL 78100 71500 EQUITIES Accumulated Depreciation Equipment Accounts Payable Mortgage Payable Share Capital – Rs. 10 per share 6100 4800 16800 19400 6000 10000 30000 25000 Share Premium 2500 Retained Earnings 16700 12300 ТОTAL 78100 71500 Additional Information: 1. A fully depreciated equipment that costs of Rs. 800 was discarded and related accounts were closed. 2. Cash dividend of Rs. 4,000 were declared and paid. Required: Prepare a Cash Flow Statement. Showing Operating, Investing, Financing activities.

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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9. How much is the total consolidated assets on December 31, 2x19? 10. How much is the consolidated liabilities on December 31, 2x19? 11. How much is the consolidated stockholder’s equity on December 31, 2x19?
E Balance Sheet Murawski Company Balance Sheet December 31 Current Assets Cash and cash equivalents $330 $360 Accounts receivable (net) 470 400 Inventory 460 390 120 160 Prepaid expenses Total current assets 1.380 1.310 investments 10 10 Property, plant, and equipment 420 380 Intangibles and other assets 530 510 Total assets $2.340 $2.210 Current liabilities $900 $790 410 380 Long term liabilities. Stockholder's equity common 1.030 1,040 Total liabilities and stockholder's equity $2.340 $2.210 Income Statement Murawski Company Income Statement For the Years Ended December 31 2022 2021 $3.460 Sales Revenue Costs and expenses Cost of goods sold 890 Selling and Administrative expens 7.310 interest expense 20 Total costs and expenses 3,240 income before income taxes 220 income tax expense 60 Net Income $134 C 22 V 2022 $3,800 955 7,400 25 3,380 420 126 5294 2021 W Calculate the 2021 Inventory Turnover ratio. Use whole numbers rounded to 2 decimal places, if needed, as seen in the example…
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3:58 A itc.birzeit.edu Time left 1:51:53 The following information is availab Company. Number of shares = 500000 Long-term debt = $4500000 EBIT = $4500000 Income tax rate = 35% Total assets = $18000000 interest rate on bonds = 0.06 Short-term liabilities = $2000000 Average inventory = $35000000 COGS = $6500000 current asset =3500000. COGS is 60% of sales. find inventory turnover interest expense interest coverage ratio net income earning per share book value per share
Please answer with explanations asset turnover, return on total assets, return on stockholders equity and return on common stockholders equity .Thx
Long-term assets: Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: $104,000 0 34,500 490,000 Notes payable Stockholders' equity: Common stock 590,000 590,000 Retained earnings 1,815,500 1,754,200 Total liabilities and stockholders' equity $3,034,000 $2,948,000 Earnings per share for the year ended December 31, 2024, are $1.25. The closing stock price on December 31, 2 Required: Calculate the following profitability ratios for 2024. (Use 365 days a year. Round your final answers to 1 decima Profitability Ratios 1. Gross profit ratio 2. Return on assets 3. Profit margin 4. Asset turnover 5. Return on equity 6. Price-earnings ratio 38.6% 42.3 % 14.4 % 2.9 times 53.2 % 17.1 1,095,000 (398,000) $3,034,000 1,095,000 (199,000) $2,948,000 $80,000 3,900 29,900 490,000
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On December 31, 2010 and 2011 Balance Sheet of ABC Ltd. Shows the following ASSETS 2011 2010 Cash 7000 4800 Accounts Receivable 8500 9500 Merchandise Inventory 32500 33200 Equipment 30100 24000 TOTAL 78100 71500 EQUITIES Accumulated Depreciation Equipment 6100 4800 Accounts Payable 16800 19400 Mortgage Payable 6000 10000 Share Capital – Rs. 10 per share 30000 25000 Share Premium 2500 Retained Earnings 16700 12300 TOTAL 78100 71500 Additional Information:1. A fully depreciated equipment that costs of Rs. 800 was discarded and related accounts were closed.2. Cash dividend of Rs. 4,000 were declared and paid. Required: Prepare a Cash Flow Statement. Showing Operating, Investing, Financing activities.
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