Homework Answers
Return on Capital Employed :
ROCE=Capital Employed / EBIT
Capital Employed=Total assets − Current liabilities
€
Total Assets 90.000
less: Current liabilites 20.000
Capital Employed € 70.000
EBIT = Total Revenue- Cost of Sales - Operating Expenses
= 100.000-65.000-23.500
= € 11.500
ROCE= Capital employed / EBIT
= 70.000/11.500
= 6.09 %
Calculation Of Liquidity ratio :
Current Ratio = Current Assets/ Current Liabilites
= 30.00/20.00
= 1.5
Quick Ratio = Current Asset - Inventories / Current Liabilities
= 30.00-0/20.00
= 1.5
Add Answer to:
4. 03. Bazza Books Ltd produced final alc's for 2013 as follows: Trading, Profit & Loss...
.24.000 TL 1.800 3.000 2.000 4.000 .6.000 ..1.000 1.000 .10.000 .10.000 .2.200 .1.200 28.000 .20.000 Answer...
.24.000 TL 1.800 3.000 2.000 4.000 .6.000 ..1.000 1.000 .10.000 .10.000 .2.200 .1.200 28.000 .20.000 Answer questions 22-30 using the following information: Accounts Payable .8.000 Foreign Sales Accounts Receivable. .13.000 General Administrative Expenses. Accumulated Amortization.. ....200 Inventory Accumulated Depreciation. 10.000 Legal Reserves Additional Paid-in Capital .18.000 Marketing, Sales & Delivery Exp. Allowance for Doubtful Accounts .2.000 Notes Payable... Associates. 20.000 Prepaid Expenses(ST). Bank Loans (LT). 30.000 Provision for Loss on Inventories. Bank Loans(ST). .8.000 Sales Discounts Building .100.000 Sales Returns...
Exercise 1. You are the manager of a no profit organization and you have to prepare...
Exercise 1. You are the manager of a no profit organization and you have to prepare a Statement of activities income statement) and a Statement of financial position for the year just passed (year T). Prepare these 2 accounting documents and find how much are, according to the numbers, the operating income (EBIT), the net profit (if any) and the value of net assets of your organisation Total revenues are € 400.000 Costs: total cost of labour is € 160,000...
The following figures relate to a hospitality business. 35% of all sales and 80% of all...
The following figures relate to a hospitality business. 35% of all sales and 80% of all purchases are on credit. Using accepted ratios and percentages comment on the gross and net profits, the current ratio and the acid test, debtors and creditors payment periods, stock turnover, and return on capital employed. Trading and profit and loss account for year ending December 31st 2014 £000's 2014 60,000 24,000 36,000 15.000 21,000 9.750 11,250 Sales Cost of sales Gross profit Wages Net...
I have already posted the question, however, only four parts have been answered with missing data,...
I have already posted the
question, however, only four parts have been answered with missing
data, as well as not correct. Kindly, requesting you to help as
much as possible. I have an exam and I need an explanation.
Problem! A mount. Assets 1.00.000 Goodwil Amount 60,000 Liabilities Equity shares of $ 10 each Rosoves 20.000 Ficed Assets at cost Profit and loss account Secured loan Sundry Creditors Provision for action 30,000 Stock 80,000 Sundry deblors 50.000 Advances 20.000 Cash...
• Answer the following questions using the information given below. Partner's Current Account A (Rs.) B...
• Answer the following questions using the information given below. Partner's Current Account A (Rs.) B (Rs.) B/F 2016.04.01 60.000 H/F 2016 04.01 Cash 20.000 Rent Cost of sales 35,000 wages Interest on drawings 5,000 - Interest on capitals 2017.03.31 Cid 80.000 250.000 Share of profit 165.000 285.000 A (Rs.) B (RA) 50.000 60.000 100.000 120.000 40.000 30,000 25.000 25.000 165.000 285.000 A (Rs.) 30.000 Capital Account B (Rs.) 2016.04.01 BF 1,030,000 A (Rs.) 1.000.000 B (Rs.) 750.000 Goodwill 2017.03.31...
Prepare the required cash budgets for • Constructing budepts Bolle Cross Py Statement of financial position...
Prepare the required cash budgets for
• Constructing budepts Bolle Cross Py Statement of financial position as at 31 May 2012 Cument assets Berk Accounts receivable Invertory 20.000 200,000 20.000 Non-current assets het of depreciation 310,000 190.000 500.000 Current liabilities Accounts payable Accruals wages Accruals expenses 80.000 2.500 2000 Capital and reserves 84500 415.500 500.000 Accounts payable represent purchases for May and accounts receivable the sales for April and May at $100,000 per month The directors are seeking finance from...
DO QUESTION THREE The following information relates to the operations of the East Lusaka Trading Company...
DO QUESTION THREE The following information relates to the operations of the East Lusaka Trading Company for the three year period ended 31 December 2018 Income statements 2018 2017 2016 1.000 900.00 Se 800.000 45 000 TE 400 DOO Net sales Cost of goods Grow come Suling and administration experies Net Income before tas Tan at 50% Net income to Dividerdh Net increase in retained in 100 000 50.000 S6000 30.000 20.000 7.000 37.500 3150 5.000 12.500 35.000 17,500 17,500...
a) If you were a creditor, could you give short term loan to SPRING company? Give...
a) If you were a creditor, could you give short term
loan to SPRING company? Give reasons, compare with generally
accepted accounting standards, find net working capital and discuss
the Five C's of credit.
b) Calculate the operating cycle for the company and evaluate the
efficiency of the corporation.
c) How could you evaluate the profitability position
of that company?
please explain all details.
a, b and c questions are related with FALL company.
Compute the actual 2013 financial ratios...
a) If you were a creditor, could you give short term loan to SPRING company? Give...
a) If you were a creditor, could you give short term
loan to SPRING company?
Give reasons, compare with generally accepted accounting standards,
find net working capital and discuss the Five C's of credit.
b) Calculate the operating cycle for the company and
evaluate the efficiency of the corporation.
c) How could you evaluate the profitability position
of that company?
1PUESTIONS (3) The first three questions are elated with the FALL CoMpany Compute the actual 2013 fnancial ratios listed abeve...
Part One Instructions The ancial information for the past 2015 2013 rood in pracht application such...
Part One Instructions The ancial information for the past 2015 2013 rood in pracht application such as Microtel and the information from the previous arrowse the o ne 1. Prepare a statement of Cash Flows for the current year using the interact method 2. Linhartranta anais, prepare a Comparativ ce Sheet Using wertical aralysts, prepare an income Statement 4. Using the textbook, calculate the ratios set out below Working Capital bath years bCurrent Ratio both years Quick ratio both years...
.24.000 TL 1.800 3.000 2.000 4.000 .6.000 ..1.000 1.000 .10.000 .10.000 .2.200 .1.200 28.000 .20.000 Answer questions 22-30 using the following information: Accounts Payable .8.000 Foreign Sales Accounts Receivable. .13.000 General Administrative Expenses. Accumulated Amortization.. ....200 Inventory Accumulated Depreciation. 10.000 Legal Reserves Additional Paid-in Capital .18.000 Marketing, Sales & Delivery Exp. Allowance for Doubtful Accounts .2.000 Notes Payable... Associates. 20.000 Prepaid Expenses(ST). Bank Loans (LT). 30.000 Provision for Loss on Inventories. Bank Loans(ST). .8.000 Sales Discounts Building .100.000 Sales Returns...
Exercise 1. You are the manager of a no profit organization and you have to prepare a Statement of activities income statement) and a Statement of financial position for the year just passed (year T). Prepare these 2 accounting documents and find how much are, according to the numbers, the operating income (EBIT), the net profit (if any) and the value of net assets of your organisation Total revenues are € 400.000 Costs: total cost of labour is € 160,000...
The following figures relate to a hospitality business. 35% of all sales and 80% of all purchases are on credit. Using accepted ratios and percentages comment on the gross and net profits, the current ratio and the acid test, debtors and creditors payment periods, stock turnover, and return on capital employed. Trading and profit and loss account for year ending December 31st 2014 £000's 2014 60,000 24,000 36,000 15.000 21,000 9.750 11,250 Sales Cost of sales Gross profit Wages Net...
I have already posted the
question, however, only four parts have been answered with missing
data, as well as not correct. Kindly, requesting you to help as
much as possible. I have an exam and I need an explanation.
Problem! A mount. Assets 1.00.000 Goodwil Amount 60,000 Liabilities Equity shares of $ 10 each Rosoves 20.000 Ficed Assets at cost Profit and loss account Secured loan Sundry Creditors Provision for action 30,000 Stock 80,000 Sundry deblors 50.000 Advances 20.000 Cash...
• Answer the following questions using the information given below. Partner's Current Account A (Rs.) B (Rs.) B/F 2016.04.01 60.000 H/F 2016 04.01 Cash 20.000 Rent Cost of sales 35,000 wages Interest on drawings 5,000 - Interest on capitals 2017.03.31 Cid 80.000 250.000 Share of profit 165.000 285.000 A (Rs.) B (RA) 50.000 60.000 100.000 120.000 40.000 30,000 25.000 25.000 165.000 285.000 A (Rs.) 30.000 Capital Account B (Rs.) 2016.04.01 BF 1,030,000 A (Rs.) 1.000.000 B (Rs.) 750.000 Goodwill 2017.03.31...
Prepare the required cash budgets for
• Constructing budepts Bolle Cross Py Statement of financial position as at 31 May 2012 Cument assets Berk Accounts receivable Invertory 20.000 200,000 20.000 Non-current assets het of depreciation 310,000 190.000 500.000 Current liabilities Accounts payable Accruals wages Accruals expenses 80.000 2.500 2000 Capital and reserves 84500 415.500 500.000 Accounts payable represent purchases for May and accounts receivable the sales for April and May at $100,000 per month The directors are seeking finance from...
DO QUESTION THREE The following information relates to the operations of the East Lusaka Trading Company for the three year period ended 31 December 2018 Income statements 2018 2017 2016 1.000 900.00 Se 800.000 45 000 TE 400 DOO Net sales Cost of goods Grow come Suling and administration experies Net Income before tas Tan at 50% Net income to Dividerdh Net increase in retained in 100 000 50.000 S6000 30.000 20.000 7.000 37.500 3150 5.000 12.500 35.000 17,500 17,500...
a) If you were a creditor, could you give short term
loan to SPRING company? Give reasons, compare with generally
accepted accounting standards, find net working capital and discuss
the Five C's of credit.
b) Calculate the operating cycle for the company and evaluate the
efficiency of the corporation.
c) How could you evaluate the profitability position
of that company?
please explain all details.
a, b and c questions are related with FALL company.
Compute the actual 2013 financial ratios...
a) If you were a creditor, could you give short term
loan to SPRING company?
Give reasons, compare with generally accepted accounting standards,
find net working capital and discuss the Five C's of credit.
b) Calculate the operating cycle for the company and
evaluate the efficiency of the corporation.
c) How could you evaluate the profitability position
of that company?
1PUESTIONS (3) The first three questions are elated with the FALL CoMpany Compute the actual 2013 fnancial ratios listed abeve...
Part One Instructions The ancial information for the past 2015 2013 rood in pracht application such as Microtel and the information from the previous arrowse the o ne 1. Prepare a statement of Cash Flows for the current year using the interact method 2. Linhartranta anais, prepare a Comparativ ce Sheet Using wertical aralysts, prepare an income Statement 4. Using the textbook, calculate the ratios set out below Working Capital bath years bCurrent Ratio both years Quick ratio both years...
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