please explain how to get these numbers
Homework Answers
An amount equal to the amount of intangibles is added to property, plant and equipment and is reduced from current asset.
Year 2020
AMOUNT of intangibles = 56000 is reduced from current assets and added in property plant and equipment.
Current assets = 83000 - 56000 =27000
Property plant and equipment = 895000 + 56000 = 951000
Similar for year 2019
Current assets = 88000 - 52000 =36000
Property plant and equipment = 810000 + 52000 = 862000
The other figures are same in both condensed and partial statements.
Add Answer to:
please explain how to get these numbers
(b) Jai's Jeans Ltd Condensed Statement of Financial Position...
E12.7 Prepare horizontal and vertical analyses. LO2, 3 The statement of financial position for Bondi Ltd is presented b...
E12.7 Prepare horizontal and vertical analyses. LO2, 3 The statement of financial position for Bondi Ltd is presented below. BONDI LTD Statement of financial position as at 30 June 2020 2019 2020 ASSETS Current assets $ 88 000 $ 80 000 Property, plant and equipment (net) 81 000 90000 Intangibles 31 000 40 000 $200 000 $210 000 Total assets LIABILITIES AND EQUITY 52000 $48000 Current liabilities Non-current liabilities 135 000 150 000 Equity 13 000 12 000 Total liabilities...
Condensed statement of financial position and income statement data for Elkhardt Ltd. are shown below: ELKHARDT...
Condensed statement of financial position and income statement
data for Elkhardt Ltd. are shown below:
ELKHARDT
LTD.
Statement of Financial Position
December 31
(in thousands)
2018
2017
2016
Assets
Current assets
Cash
$29
$79
$199
Accounts receivable
898
706
502
Inventory
1,198
798
498
Total current assets
2,125
1,583
1,199
Property, plant, and equipment (net)
4,124
3,777
3,168
Total assets
$6,249
$5,360
$4,367
Liabilities and
Shareholders’ Equity
Liabilities
Current
liabilities
$600
$547
$502
Non-current
liabilities
3,044
2,307
1,505
Total liabilities...
Condensed statement of financial position and income statement data for Sipacore Ltd. are shown below: SIPACORE...
Condensed statement of financial position and income statement
data for Sipacore Ltd. are shown below:
SIPACORE
LTD.
Statement of Financial Position
December 31
(in thousands)
2018
2017
2016
Assets
Current assets
Cash
$29
$79
$199
Accounts receivable
898
706
502
Inventory
1,198
798
498
Total current assets
2,125
1,583
1,199
Property, plant, and equipment (net)
4,124
3,777
3,168
Total assets
$6,249
$5,360
$4,367
Liabilities and
Shareholders’ Equity
Liabilities
Current
liabilities
$600
$547
$502
Non-current
liabilities
3,044
2,307
1,505
Total liabilities...
Condensed statement of financial position and income statement data for Elkhardt Ltd. are shown below: ELKHARDT...
Condensed statement of financial position and income statement
data for Elkhardt Ltd. are shown below:
ELKHARDT
LTD.
Statement of Financial Position
December 31
(in thousands)
2018
2017
2016
Assets
Current assets
Cash
$29
$79
$199
Accounts receivable
898
706
502
Inventory
1,198
798
498
Total current assets
2,125
1,583
1,199
Property, plant, and equipment (net)
4,124
3,777
3,168
Total assets
$6,249
$5,360
$4,367
Liabilities and
Shareholders’ Equity
Liabilities
Current
liabilities
$600
$547
$502
Non-current
liabilities
3,044
2,307
1,505
Total liabilities...
L o questions Question 3 Statements ents of Financial Position as at 31 December 2016 Gary...
L o questions Question 3 Statements ents of Financial Position as at 31 December 2016 Gary Ltd €'000 Paul Ltd €000 Assets Non-current Assets Property, plant and equipment Investments in Paul Ltd €'000 €'000 1,305 5,670 2,160 7,830 1,305 2,160 1,555 1,080 765 745 405 4.795 Current Assets Inventories Trade receivables Cash and cash equivalents Total Assets Equity and Liabilities Capital and Reserves Ordinary share capital Retained earnings 12,625 6,300 2,275 8,575 1.800 565 2,365 1,080 Non-current Liabilities Debenture loans...
how they get these numbers (change in percentage) what numbes exactly they calculated? Prepare the vertical...
how they get these numbers (change in percentage) what
numbes exactly they calculated?
Prepare the vertical analysis for 2017 and 2016: Company B Condensed statement of financial position as on June 30 Vertical analysis 2017 2016 Particulars Change in Change in Change in Change in dollars percentage dollars percentage Current assets $88,000 44.00% $80,000 38.10% Property, plant and equipment $81,000 40.50% $90,000 42.90% Intangibles $31.000 15.50% $40.000 19.00% Total Assets $200.000 100.00% | $210.000 100.00% Current liabilities Non-current liabilities Total...
HIROOLE LTD. Statement of Financial Position December 31 (in thousands) 2018 2017 2016 Assets Current assets...
HIROOLE LTD. Statement of Financial Position December 31 (in thousands) 2018 2017 2016 Assets Current assets Cash $30 $81 $200 Accounts receivable 907 698 504 Inventory 1,190 794 497 Total current assets 2,127 1,573 1,201 Property, plant, and equipment (net) 4,105 3,831 3,230 Total assets $6,232 $5,404 $4,431 Liabilities and Shareholders' Equity Liabilities Current liabilities $596 $553 $499 Non-current liabilities 3,047 2,303 1,508 Total liabilities 3,643 2,856 2,007 Shareholders' equity Common shares 999999999 Retained earnings 1,590 1,549 1,425 Total shareholders'...
735 225 Question 3 The following are the statements of financial position of Gold Lad, Silver...
735 225 Question 3 The following are the statements of financial position of Gold Lad, Silver Led and Bronze Led as at 31 July 2018: Statement of Financial Position as at 31st July 2018 Assets Gold Ltd Silver Lid Bronze Lid Non-current assets €'000 000 €"000 Property, plant and equipment 15.525 14,280 24,300 Investment in Silver Lid 6,175 Investment in Bronze Ltd 2.425 29.125 14. 20 2 4,300 Current assets Inventories 2.400 1,130 1.170 Trade receivables 1,375 900 Debenture interest...
Condensed statement of financial position and income statement data for Elkhardt Ltd. are shown below: ELKHARDT...
Condensed statement of financial position and income statement
data for Elkhardt Ltd. are shown below:
ELKHARDT
LTD.
Statement of Financial Position
December 31
(in thousands)
2018
2017
2016
Assets
Current assets
Cash
$29
$79
$199
Accounts receivable
898
706
502
Inventory
1,198
798
498
Total current assets
2,125
1,583
1,199
Property, plant, and equipment (net)
4,124
3,777
3,168
Total assets
$6,249
$5,360
$4,367
Liabilities and
Shareholders’ Equity
Liabilities
Current
liabilities
$600
$547
$502
Non-current
liabilities
3,044
2,307
1,505
Total liabilities...
3. The summarized financial statements of Baraka enterprises ltd are As follows Income statement for the...
3. The summarized financial statements of Baraka enterprises ltd are As follows Income statement for the yare ended 30 September 2003 2004 Sh ‘000’ sh’000’ Sales 20,000 28,000 Cost of sales (15,000) (21,000) Gross profit 5,000 7,000 Administrative expenses 3,800 4,600 Debenture interest - (400) Net profit 1,200 2,000 Balance sheet as at 30 September Sh’000’ sh’000’ Non-current assets Plant, properties and equipment (NBV) 11,000 14,000 Current assets Inventories 2,000 3,000 Trade and other receivables 2,500 2,800 Balance at bank...
E12.7 Prepare horizontal and vertical analyses. LO2, 3 The statement of financial position for Bondi Ltd is presented below. BONDI LTD Statement of financial position as at 30 June 2020 2019 2020 ASSETS Current assets $ 88 000 $ 80 000 Property, plant and equipment (net) 81 000 90000 Intangibles 31 000 40 000 $200 000 $210 000 Total assets LIABILITIES AND EQUITY 52000 $48000 Current liabilities Non-current liabilities 135 000 150 000 Equity 13 000 12 000 Total liabilities...
Condensed statement of financial position and income statement
data for Elkhardt Ltd. are shown below:
ELKHARDT
LTD.
Statement of Financial Position
December 31
(in thousands)
2018
2017
2016
Assets
Current assets
Cash
$29
$79
$199
Accounts receivable
898
706
502
Inventory
1,198
798
498
Total current assets
2,125
1,583
1,199
Property, plant, and equipment (net)
4,124
3,777
3,168
Total assets
$6,249
$5,360
$4,367
Liabilities and
Shareholders’ Equity
Liabilities
Current
liabilities
$600
$547
$502
Non-current
liabilities
3,044
2,307
1,505
Total liabilities...
Condensed statement of financial position and income statement
data for Sipacore Ltd. are shown below:
SIPACORE
LTD.
Statement of Financial Position
December 31
(in thousands)
2018
2017
2016
Assets
Current assets
Cash
$29
$79
$199
Accounts receivable
898
706
502
Inventory
1,198
798
498
Total current assets
2,125
1,583
1,199
Property, plant, and equipment (net)
4,124
3,777
3,168
Total assets
$6,249
$5,360
$4,367
Liabilities and
Shareholders’ Equity
Liabilities
Current
liabilities
$600
$547
$502
Non-current
liabilities
3,044
2,307
1,505
Total liabilities...
Condensed statement of financial position and income statement
data for Elkhardt Ltd. are shown below:
ELKHARDT
LTD.
Statement of Financial Position
December 31
(in thousands)
2018
2017
2016
Assets
Current assets
Cash
$29
$79
$199
Accounts receivable
898
706
502
Inventory
1,198
798
498
Total current assets
2,125
1,583
1,199
Property, plant, and equipment (net)
4,124
3,777
3,168
Total assets
$6,249
$5,360
$4,367
Liabilities and
Shareholders’ Equity
Liabilities
Current
liabilities
$600
$547
$502
Non-current
liabilities
3,044
2,307
1,505
Total liabilities...
L o questions Question 3 Statements ents of Financial Position as at 31 December 2016 Gary Ltd €'000 Paul Ltd €000 Assets Non-current Assets Property, plant and equipment Investments in Paul Ltd €'000 €'000 1,305 5,670 2,160 7,830 1,305 2,160 1,555 1,080 765 745 405 4.795 Current Assets Inventories Trade receivables Cash and cash equivalents Total Assets Equity and Liabilities Capital and Reserves Ordinary share capital Retained earnings 12,625 6,300 2,275 8,575 1.800 565 2,365 1,080 Non-current Liabilities Debenture loans...
how they get these numbers (change in percentage) what
numbes exactly they calculated?
Prepare the vertical analysis for 2017 and 2016: Company B Condensed statement of financial position as on June 30 Vertical analysis 2017 2016 Particulars Change in Change in Change in Change in dollars percentage dollars percentage Current assets $88,000 44.00% $80,000 38.10% Property, plant and equipment $81,000 40.50% $90,000 42.90% Intangibles $31.000 15.50% $40.000 19.00% Total Assets $200.000 100.00% | $210.000 100.00% Current liabilities Non-current liabilities Total...
HIROOLE LTD. Statement of Financial Position December 31 (in thousands) 2018 2017 2016 Assets Current assets Cash $30 $81 $200 Accounts receivable 907 698 504 Inventory 1,190 794 497 Total current assets 2,127 1,573 1,201 Property, plant, and equipment (net) 4,105 3,831 3,230 Total assets $6,232 $5,404 $4,431 Liabilities and Shareholders' Equity Liabilities Current liabilities $596 $553 $499 Non-current liabilities 3,047 2,303 1,508 Total liabilities 3,643 2,856 2,007 Shareholders' equity Common shares 999999999 Retained earnings 1,590 1,549 1,425 Total shareholders'...
735 225 Question 3 The following are the statements of financial position of Gold Lad, Silver Led and Bronze Led as at 31 July 2018: Statement of Financial Position as at 31st July 2018 Assets Gold Ltd Silver Lid Bronze Lid Non-current assets €'000 000 €"000 Property, plant and equipment 15.525 14,280 24,300 Investment in Silver Lid 6,175 Investment in Bronze Ltd 2.425 29.125 14. 20 2 4,300 Current assets Inventories 2.400 1,130 1.170 Trade receivables 1,375 900 Debenture interest...
Condensed statement of financial position and income statement
data for Elkhardt Ltd. are shown below:
ELKHARDT
LTD.
Statement of Financial Position
December 31
(in thousands)
2018
2017
2016
Assets
Current assets
Cash
$29
$79
$199
Accounts receivable
898
706
502
Inventory
1,198
798
498
Total current assets
2,125
1,583
1,199
Property, plant, and equipment (net)
4,124
3,777
3,168
Total assets
$6,249
$5,360
$4,367
Liabilities and
Shareholders’ Equity
Liabilities
Current
liabilities
$600
$547
$502
Non-current
liabilities
3,044
2,307
1,505
Total liabilities...
Most questions answered within 3 hours.
-
Calculate the concentration of hydronium and hyroxide ions in 1)
2.0 mol/L HNO3 2) 0.5 mol/L...
asked 2 minutes ago -
In a loop-the-loop ride a car goes around a vertical, circular
loop at a constant speed....
asked 1 minute ago -
50 grams each of water (18.015 g/mol) and ethylene glycol
(C2H6O2) (62.07 g/mol) are mixed. At...
asked 6 minutes ago -
The life expectancy of sport utility vehicles follows a normal
distribution with a mean of 145.8...
asked 28 minutes ago -
If an object with mass of 5 kg is pushed with a force of 552 N,...
asked 7 minutes ago -
Suppose your program already has a list called nums, which
contains several numbers. Write a for...
asked 19 minutes ago -
A spherical shell with a finite thickness just barely floats in
water. If the shell is...
asked 19 minutes ago -
Explain in detail whether the following is true or false:
Total factor productivity will rise only...
asked 27 minutes ago -
A firm pays a $2.50 dividend at the end of year one
(D1), has a stock...
asked 29 minutes ago -
The waiting time in line at an ice cream shop has a uniform
distribution between 0...
asked 49 minutes ago -
The term “corporatization” is often used in the former socialist
economies to describe
changing the way...
asked 51 minutes ago -
what sort of treatment is planned for a barrel of wine to be
"aged" for sale?...
asked 1 hour ago