1. In a separate Sheet of Paper, Prepare the Statement of Financial Position in good including the Notes to the Financial Statement. 2. Using the answer sheet provided, answer the following: a. How much is the Total Cash and Cash Equivalent? b. How much is the Total Trade and Other Receivables? c. How much is the Total Prepaid Expenses? d. How much is the Total Property, Plant and Equipment to be shown on the Statement of Financial Position? e. How much is the Total Intangibles? f. How much is the Total Current Asset? & How much is the Total Non-Current Assets? h. How much is the Total Assets? 1. How much is the Total Trade and Other Payables ? J. How much is the Total Current Liabilities? k. How much is the Total Non-Current Liabilities?
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- in CengageNOWv2| Online teachi x Cengage Learning 8-1 Problem Set: Module Eight X how.comn/akeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=D&inprogress3false eBook Show Me How Changes in Current Operating Assets and Liabilities-Indirect Method Covington Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 Accounts receivable $15,300 Inventory 66,500 67,200 Accounts payable 20,100 0098 Dividends payable 000' Adjust net income of $84,200 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. ( Previou: Check My Work レ AD 12gageNOWv2 | Online teachir X * CengageNOWv2 | Online teachin x om/iln/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogre.. eBook Show Me How Long-Term Solvency Analysis The following information was taken from Acme Company's balance sheet: Fixed assets (net) $1,092,000 Long-term liabilities 280,000 Total liabilities 196,000 Total stockholders' equity 980,000 Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders' equity. If required, round your answers to one decimal place. a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders' equity Previous Next Check My Work 11:17 A 67°F Sunny A O E O G 40) 12/3/20 delete ome prt se 84l 144 4+ 6 backscace %Dाथ सल्गाने मा DeeBl, 2021 feliowing Andormiom for Coder BisterPriss is gren belows: bolow: Plan assets (at fair valve) Projecked bonefil obligalion Accmulated other comfrchensive doss $ 1,600, 000 1,200,000 503,700 The The everoge remabing bevwice dife of emluyee is lo yenrs. The amortizahing of Accuhul fed other ComPre hessive lass for ror 2022, usingthe Corridor methad, 1B.. ? CS Scanned with CamScanner
- pject: Company Accour X DEL. Project Guidelines and Rubric x DEL 7-1 Problem Set: Module Sev X CengageNOWv2 |Online tea x com/ilm/takeAssignment/takeAssignmentMain.do?invoker3D&takeAssignmentSessionLocator3D&inprogress=false eBook 4Show Me How Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Net income $224,540 Interest expense 39,620 000'080 Determine the return on total assets. If required, round the answer to one decimal place. Average total assets Feedback Check My Work Divide the sum of net income and interest expense by average total assets. Check My Work ( Previous *AD dyme X items Mail - Foley, Alason L (S X MindTap-Cengage... mework Assignment v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession NOCTI Business M..... eBook CengageNOWv2 | Online X Net Income Loss on disposal of property Depreciation expense Other items involving noncash expense Balance sheet data (in thousands): Increase in accounts receivable Cengage Learning Increase in inventory Increase in prepaid expenses Increase in accounts payable and other current liabilities Cash Flows from Operating Activities-Indirect Method Selected data derived from the income statement and balance sheet of National Beverage Co. for a recent year are as follows: Income statement data (in thousands): Check My Work $149,774 (149) 13,226 837 13,041 7,565 10,548 17,464 x b Accounting Homework x + | National Beverage Co. Cash Flows from Operating Activities (in thousands) Cash flows from (used for) operating activities: Net income - V Adjustments to reconcile net income…Cash Prepaid Insurance Accounts Receivable Inventory Land Held for Investment Land Buildings Less Accumulated Depreciation Trademark Total Assets $99800 $84200. O $70200. O $154400. O $18. Marigold Day Real Estate Balance Sheet December 31, 2021 $ 25200 Accounts Payable Salaries and Wages Payable 50500 Mortgage Payable 70200 29600 84200 119500 (19700) 80100 70600 $529900 Total Liabilities Common Stock Retained Earnings Total Liabilities and Stockholders' Equity The total dollar amount of assets to be classified as investments is $119800 247600 $ 61000 15000 86500 162500 367400 $529900
- lem Set: Modx * CengageNOWv2 | Onl X * Cengage Learning B Milestone Two Guideli x G module ow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=.. eBook Show Me How Quick ratio Adieu Company reported the following current assets and current liabilities for two recent years: Dec. 31, 20Y4 Dec. 31, 20Y3 Cash $830 $1,090 Temporary investments 1,200 1,500 Accounts receivable 820 910 Inventory 2,100 2,500 Accounts payable 1,900 2,500 a. Compute the quick ratio on December 31 for each year. Round to one decimal place. 20Υ4 20Υ3 Quick Ratio b. Is the quick ratio improving or declining? Check My Work 56°F Mostly 39The balance sheet of Alpha Ltd on 31/12/21 is the following ASSETS Plot of land Building Depreciation Vehicle Depreciation. Furniture Depreciation Participations Total fixed assets. Goods Goods in pledge Customers Downpayment to suppliers Prepaid expenses Available Funds Circulating Assets Total assets 31/12/2021 40.000 200.000 -40.000 80.000 -75.000 95.000 -72.000 85.000 313.000 60.000 20.000 30.000 20.000 20.000 107.000 257.000 570.000 31/12/2022 Liabilities Equity (stock price 3€) Statutory Reserves Premium Reserve New result Total Foreign Capitals Long term Loan Bills payable Suppliers Loan with pledged goods Customers' downpayments Expenses payables Prepaid revenues Total Predictions Total liabilities 31/12/2021 180.000 60.000 20.000 -30.000 230.000 120.000 40.000 50.000 14.000 20.000 30.000 20.000 294.000 46.000 570.000 During the use of 2022, the following transactions took place. Sale of goods with value EUR 80,000 and cost EUR 35,000, 80% of them paid by cash and the rest with…8 Record depreciation for Winn. 9 Record the lease payment for Winn. 10 Record the amortization of the right-of-use asset for Winn. 11 Record depreciation for Winn. Note : = journal entry has been entered Record entry Clear entry it Credit View general journal
- Problem 2. DOLE acquires an investment for P250,000. Transaction costs amount to P15,000. Journalize the initial measurement if the investment is classified as: a. Financial asset held for trading b. Held-to-maturity investments c. Available-for-sale assetsRefer to the following data of OCT2023CPACompany: Assets to be realized 1,375,000Assets acquired 825,000 Liabilities liquidated 1,875,000Assets realized 1,200,000Liabilities not liquidated 1,700,000 Assets not realized 1,375,000Llabilities assumed 1,625,000Llabilities to be liquidated 2,250,000 Supplementary charges 3,125,000 Supplementary credits 2,800,000 Compute the beginning cash balance assuming that the ending balance of ordinary share and retained earnings are P1,200,000 and (400,000), respectivelyAFTR Comprehension Test X + dules/Product283/AFTRComprehension Test2023A/index.html?StudentID=7950144&ModuleID=341&OrderltemID=109318 Multiple Choice A) $1,750 short-term gain B) $1,750 long-term gain OC) $750 short-term gain D) $750 long-term gain Roberta purchased 50 shares of the XYZ Company for $20 a share for a total of $1,000. Six months later the price of the same stock increased to $35 a share and Roberta sold all 50 shares. If she had no expenses in the purchase or sale of the stock, Roberta has: Back Question 16 of 100 Submit All Time Left 149m 05s Next A