- vermilion washtenaw East North Centr vanderburgh East North Centr henry H stark lawrence kankakee H erie kenosha N delaware n chippewa H miami H fairfield Hunion East North Centr $79,995 $381,164 $124,250 $119,950 $146,450 $139,950 $133,050 $216,500 $219,500 $110,000 $182,500 $55 $188 $79 $69 $81 1,600 2,041 1,558 East North Centr East North Centr East North Centr East North Centr East North Centr East North Centr East North Centr East North Centr East North Centr 1,571 1,703 $81 1,668 $88 1,590 $107 1,697 1,665 $119 $68 $103 1,538 1,905 $244,950 $99 1,747 East North Centr East North Centr $199,950 $102 1,871 $185,950 $102 1,813

- vermilion washtenaw East North Centr vanderburgh East North Centr henry H stark lawrence kankakee H erie kenosha N delaware n chippewa H miami H fairfield Hunion East North Centr $79,995 $381,164 $124,250 $119,950 $146,450 $139,950 $133,050 $216,500 $219,500 $110,000 $182,500 $55 $188 $79 $69 $81 1,600 2,041 1,558 East North Centr East North Centr East North Centr East North Centr East North Centr East North Centr East North Centr East North Centr East North Centr 1,571 1,703 $81 1,668 $88 1,590 $107 1,697 1,665 $119 $68 $103 1,538 1,905 $244,950 $99 1,747 East North Centr East North Centr $199,950 $102 1,871 $185,950 $102 1,813

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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TB MC Qu. 10-83 (Algo) The Millard Division's operating... The Millard Division's operating data for the past two years are provided below: Return on investment Net operating income. Turnover Margin Sales Year 1 128 ? ? ? Year 2 36% $ 540,000 3 ? ? $ 3,290,000 Millard Division's margin in Year 2 was 150% of the margin in Year 1. The net operating income for Year 1 was: (Round intermediate percentage computations to the nearest whole percent.)
Particulars 31st Mar' 19 Amt (Rs) 31st Mar' 20 Amt (Rs) Land and Building 3600000 3600000 Cash 400000 320,000 Sundry Debtors 640000 800,000 Temporary Investments 400000 640,000 Stock 3680000 4320000 Prepaid Expenses 560000 24000 Plant and Machinery 1920000 3096000 Total Assets 11200000 12800000 Current Liabilities 1280000 1600000 Loans 3200000 3200000 Capital 4000000 4000000 Retained Earnings 936000 1624000 Statement of Profit for the Current Year 1st Apr to 31st Mar' 20 : Amt (Rs) Sales 8000000 Less: Cost of Goods Sold -5600000 Less: Interest -320000 Net Profit 2080000 Less: Taxes @ 50% -1040000 Profit after Tax 1040000 Profit Distributed 440000 Calculate Current Ratio Debtors Turnover Ratio Stock Turnover Ratio Return on Total Assets
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Data for January for Bondi Corporation and its two major business segments, North and South, appear below: Sales revenues, North Variable expenses, North Traceable fixed expenses, North Sales revenues, South Variable expenses, South Traceable fixed expenses, South $ 673,000 $ 390,600 $ 80,600 $ 520,300 $ 296,900 $ 67,400 In addition, common fixed expenses totaled $182,700 and were allocated as follows: $94,900 to the North business segment and $87,800 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business segment is:
回T | 一、国, 图,|=|,= - Aa 1 úlgic 1 توکید úlgill blasi 9. I 10 I 11: I 12. I 13: I 14.I 15 16 Question Four: The Village of Darby's budget calls for property tax revenues for the fiscal year ending December 31, 2014, of $2,660,000. Village records indicate that, on average, 2 percent of taxes levied are not collected. The county tax assessor has assessed the value of taxable property located in the village at $135,714,300. Required 1. Record the tax levy for 2011 in the General Fund. (Ignore subsidiary detail and entries at the government-wide level.) 2. By December 31, 2011, $2,540,000 of the current property tax levy had been collected. Record the amounts collected and reclassify the uncollected amount as delinquent. 3. Interest and penalties of 6 percent were immediately due on the delinquent taxes, but the finance director estimates that 10 percent will not be collectible. Record the interest and penalties receivable. (Round all amounts to the nearest dollar.) Question Five: The…
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Clothing Company has two service departments-purchasing and maintenance, and two production departments-fabrication and assembly. The distribution of each service department's efforts to the other departments is shown below: FROM Purchasing Maintenance Purchasing Purchasing Maintenance Fabrication. Assembly TO ex Maintenance: 55% 0% Fabrication 30% 50% The direct operating costs of the departments (including both variable and fixed costs) were as follows: $ 126,000 48,000 102,000 78,000 Assembly 15% 15% The total cost accumulated in the fabrication department using the direct method is (calculate all ratios and percentages to 4 decimal places, for example 33,3333%, and round all dollar amounts to the nearest whole dollar):
UNILEVER CARIBBEAN LIMITED Statement of Financial Position December 31, 2022 (Expressed in Trinidad and Tobago Dollars) Notes 2022 2021 $'000 $'000 ASSETS Non-current assets Property, plant and equipment 8 4,285 8,943 Retirement benefit asset 9(i) 99,142 137,039 Deferred tax asset 10 14,250 6,459 117,677 152,441 Current assets Inventories 11 29,250 26,808 Taxation recoverable…