You are requested to; a) Prepare common-size balance sheet b) Compare the position of the shareholders as on 31 March 2007 From the following data
You are requested to; a) Prepare common-size balance sheet b) Compare the position of the shareholders as on 31 March 2007 From the following data
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Question 5:
You are requested to;
a) Prepare common-size balance sheet
b) Compare the position of the shareholders as on 31st March 2007
From the following data
Fixed Assets
Inventories
Receivables
FSA Saturday Ltd FSA Monday Ltd
(D)
(D)
40,000
25,000
20,000
15,000
30,000
40,000
Loan (long-term) 20,000
Current Borrowings 10,000
Cash
Capital
Reserves
500,000
100,000
200,000
200,000
300,000
100,000
200,000
400,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6ffcb16e-3232-40ad-a070-cf5cd02bc2c5%2F58eb50ea-674e-450e-bd1a-efc0e8a5e221%2Fxdv9hq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 5:
You are requested to;
a) Prepare common-size balance sheet
b) Compare the position of the shareholders as on 31st March 2007
From the following data
Fixed Assets
Inventories
Receivables
FSA Saturday Ltd FSA Monday Ltd
(D)
(D)
40,000
25,000
20,000
15,000
30,000
40,000
Loan (long-term) 20,000
Current Borrowings 10,000
Cash
Capital
Reserves
500,000
100,000
200,000
200,000
300,000
100,000
200,000
400,000
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