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- cdn.ctudent.se.amuasunetdba i AC T101 FEX 2021 2 Male If equity is 250,000SR and liabilities are 180,000SR then assets equal: 27-34 e1Bce33 70,000 400,000 95%018 b. 95abe18 C. 100,000 95abe18ce 33 d. 430,000 95abe18ce33 95a 95abe18ce33 95abe18ce33 95abe18ce33 95abe18ce33 F1 MacBook Pro F3 000 F4 F5 4 F6 50 F7 6 & DII **** F8 7 V F9 8 9 LL %2315. You work for the CEO of a new company that plans to manufacture and sell a new product, a watch that has an embedded TV set and a magnifying glass crystal. The issue now is how to finance the company, with only equity or with a mix of debt and equity. Expected operating income is $510,000. Other data for the firm are shown below. How much higher or lower will the firm's expected ROE be if it uses some debt rather than all equity, i.e., what is ROEL - ROEU? Do not round your intermediate calculations. 0% Debt, U 60% Debt, LPrablam ABC Patnershp was formed in year 2021 aunt setore datrouton of prott and loss. the followng accounts appeared in the books of the panmership the end eof year 2021 A capital 31 5,000 1 75,000 TO1 1 115.000 B. capital 20 000 V1 30 90,000 60,000 C, capital V T 25 |01 100,000 Revenue and epense summary 240.00 X If profits ore divided os follous, whaot is the share of A?" a. An 8% interest is given to each partners' average capital. b. Partners A and 6 will receive P2,500 monthly salary while partners C will receive P3,000 monthly c. 10% bonus based on income after salaries, interest and bonus is given to partner A d. Residual income is divided equally.
- Owner's equity is OR150,000 and total liabilities are OR90,000. Total assets would be: Select one: a. OR60,000. O b. OR300,000. O c. OR240,000. O d. OR180,000.compute the owner's equity for norman gonzales on dec. 31,20X1 based on the fallowing data; norman gonzales ,capital january 1 ,20X1 P450 000 norman gonzales, cash drawings for 20X1 120 000 norman gonzales. additional investment 20X1 80 000 net income 20X1 90 000Problem 1 Rajon and Rondo are partners with the following capital transactions during 2018: Rondo Rajon P135,000 cr Balance Jan 1 P140,000 cr February 28 P40,000 dr March 31 P60,000 cr April 30 P80,000 cr P50,000 dr. P70,000 cr June 30 August 31 September 30 P20,000 cr October 31 P20,000 dr The income summary account has a credit balance of P510,000 Required: Prepare a statement of profit distribution for each of the following independent profit-sharing agreements: a. In the average capital ratio b. Interest on average capital at 9%, salaries of 60,000 and P100,000 to Rajon and Rondo, respectively, a bonus to Rajon of 25% of Net income after interest, salaries and bonus, and the balance equally. c. Interest at 10% on the amount by which the ending capital balance exceeds the beginning balance and the balance equally. d. Salaries of P80,000 and P120,000 to Rajon and Rondo, respectively, a bonus to Rajon of 25% of net income after salaries but before bonus, and the balance equally.
- You are given the following information: Debt tenor Account Balance b/f Repayment Balance c/f Principal repayment CFADS Max DS Less: interest Max principal repayment O $250k O $290k O $330k O $396k [1,0] Ⓒ $467k USD '000 USD '000 USD '000 USD '000 USD '000 USD '000 USD '000 DSCR. 1.50x i (% p.a.) 10.00% (250) 250 467 (70) 396 Yr 1 250.00 (41.67) 208.33 100.00 66.67 (25.00) 41.67 Yr 2 208.33 (59.17) 149.17 120.00 80.00 (20.83) 59.17 Yr 3 Yr 4 149.17 84.08 (65.08) (71.59) 84.08 12.49 120.00 80.00 (14.92) 65.08 120.00 80.00 (8.41) 71.59 Yr 5 12.49 (12.49) Out of the range of options given below, what is the most likely debt size for this example project? Note: Debt tenor = 6 years, DSCR = 1.50x, interest rate = 10%, CFADS as represented in the image. 120.00 80.00 (1.25) 78.75 Yr 6 120.00 80.00 80.00Takaful company has the following information: Earned contributions SR 500 Net claim incurred SR 100 Cash SR 50 Short-term investment SR 150 Average assets SR 1500 Total expenses SR 200 Net income SR 100 Gross contributions SR 600 Net contributions SR 550 What is expense ratio? а. 40% b. 30% С. 36.3% d. 50%Problem 2: Trody Co., from the previous problem, wants to prepare forecasted financial statements for the year 2015 using the percent of sales method, and the below additional given (Round numbers to the nearest dollar): Given forecasted sales of 2015: $6,500 b- The tax rate will be 40% in 2015. The company expected to distribute dividends of $750 in 2015. The interest rate on all interest-bearing loans will be 5% annually in 2015. The company is not intending to make changes to its fixed assets a- C- d- e- 1- The forecasted cost of goods sold for 2015 is expected to be: O a) $3,300 Ob) $3,738 c) $3,000 d) $4,250 e) None of the above. 2- Forecasted fixed expenses amount for 2015 is expected to ber
- The following were the balances of the partnership between Crayon and Pencil as at 31 Question 2 December 2009: DR Capital on 2 January 2009 Crayon Pencil CR 30 000 30 000 Current accounts on 1 January 2009 Crayon Pencil 1 500 200 Drawings during the year Crayon Pencil 6 000 4 400 .160 000 Land and building... Equipment... Cash and bank... .15 000 ..20 000 Bank loan.... .90 000 ..1 400 .40 000 Electricity.. Office salaries.... Advertising.. Bad debts.... .30 000 ... 700 Provision for bad debts.. 700 Debtors.... ...6 000 Creditors.... Provision for depreciation: equipment... Stock on 31 December 2009..... Gross profit for the year.... .9 500 ..2 000 .30 000 ..150 000 Additional information available includes: i. The provision for bad debts is to be increased by $50 ii. The amount of advertising includes a payment of $120 for 2004 iii. There is an electricity bill of $145 due iv. Equipment is to be depreciated at 20% on cost per annum v. Interest on capital is allowed at 20% per annum…Distressed Jon is un rgoing liquidaion. Relevart ihlor Jon as Shown beiow: ASSETS Carrying Amount Net Realizable Value P250,000 150,000 600,000 1,700,000 P2,700,000 Cash Accounts Receivable Equipment-net Land P300,000 355,649 200,000 1,500,000 P2,355,649 TOTAL ASSETS LIABILITIES Accounts Payable Salaries Payable Notes Payable Loan Payable Carrying Amount P1,000,000 500,000 Settlement Amount P1,000,000 500,000 805,234 800,000 P3,105,234 800,000 800,000 P3,100,000 TOTAL LIABILITIES EQUITY Share Capital Retained Earnings Capital Deficiency P1,600,000 (2,000,000) (400,000) TOTAL LIABILITIES & EQUITY P2,700,000 Additional Information: • Administrative expenses amounting to P180,744 are expected to be incurred during the liquidation process. • The equipment is pledged to the loan payable. QUESTIONS: 1. How much are the total free assets? 2. How much are the unsecured liabilities with priority? 3. How much are the total unsecured liabilities without priority? 4. How much are the net free…NC.OMB Summ ARY 0 5000 75,000 From the information above- determine income or loss amount. To answer if income, amount and capital C. Example 100000C To answer if loss, amount and capital L. Example- 100000L