Homework Answers
Calculation of Gross Investment in Plant & Equipment using Fixed Assets account:-
(Dr Side) (Cr Side)
| FIXED ASSETS ACCOUNT | |||
| Particular | Amount ($ in Thousands) | Particular | Amount ($ in Thousands) |
| Opening Balance | 5000 | Depreciation | 520 |
| Purchase/Investment ( Balancing Figure) | 1320 | Closing Balance | 5800 |
| TOTAL | 6320 | TOTAL | 6320 |
So, Gross Investment in Plant & Equipment is $ 1320, 000
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The table below contains data on Fincorp Inc. The balance sheet items correspond to values at...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes Accounts payable Accounts receivable Net fixed assetst Long-term debt Notes payable Dividends paid Cash and marketable securities 2015 $4,000...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes Accounts payable Accounts receivable Net fixed assets Long-term debt Notes payable Dividends paid Cash and marketable securities 2015 $4,000...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable Net fixed assets Long-term debt Notes payable Dividends paid Cash and marketable securities 2015 $4,000...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars. 2016 $4,100 1,700 520 350 550 150 Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable Net fixed assetst Long-term debt Notes payable Dividends...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable Net fixed assetst Long-term debt Notes payable Dividends paid Cash and marketable securities 2015 $4,000...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable Net fixed assetst Long-term debt Notes payable Dividends paid Cash and marketable securities 2015 $4,000...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars. 2015 $4,000 1,600 500 Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes. Accounts payable Accounts receivable Net fixed assetst Long-term debt Notes payable Dividends paid Cash and...
1.600 The table below contains data on Fincorp Inc. The balance sheet items correspond to values...
1.600 The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars. 2015 2016 Revenue Cont of goods sold $4,000 $4,100 1,700 Depreciation 500 520 Inventories 300 350 Administrative expenses 500 550 Interest expense 150 150 Federal and state taxes. 400 420 Accounts payable 300...
He The table below contains data on Fincorp Inc. The balance sheet items correspond to values...
He The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars Revenue cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes. Accounts payable Accounts receivable Net fixed assetat Long-term debt Notes payable Dividends paid Cash and marketable securities 2015...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the come statement items correspond to revenues or expenses during the year ending in either 2015 of 2016. All values are in thousands of dollars. $4,000 1.600 $4,100 1,700 Sze 300 35e see 550 150 150 420 Revue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes Accounts payable Accounts receivable Net fixed assets...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes Accounts payable Accounts receivable Net fixed assetst Long-term debt Notes payable Dividends paid Cash and marketable securities 2015 $4,000...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes Accounts payable Accounts receivable Net fixed assets Long-term debt Notes payable Dividends paid Cash and marketable securities 2015 $4,000...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable Net fixed assets Long-term debt Notes payable Dividends paid Cash and marketable securities 2015 $4,000...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars. 2016 $4,100 1,700 520 350 550 150 Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable Net fixed assetst Long-term debt Notes payable Dividends...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable Net fixed assetst Long-term debt Notes payable Dividends paid Cash and marketable securities 2015 $4,000...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable Net fixed assetst Long-term debt Notes payable Dividends paid Cash and marketable securities 2015 $4,000...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars. 2015 $4,000 1,600 500 Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes. Accounts payable Accounts receivable Net fixed assetst Long-term debt Notes payable Dividends paid Cash and...
1.600 The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars. 2015 2016 Revenue Cont of goods sold $4,000 $4,100 1,700 Depreciation 500 520 Inventories 300 350 Administrative expenses 500 550 Interest expense 150 150 Federal and state taxes. 400 420 Accounts payable 300...
He The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars Revenue cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes. Accounts payable Accounts receivable Net fixed assetat Long-term debt Notes payable Dividends paid Cash and marketable securities 2015...
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the come statement items correspond to revenues or expenses during the year ending in either 2015 of 2016. All values are in thousands of dollars. $4,000 1.600 $4,100 1,700 Sze 300 35e see 550 150 150 420 Revue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes Accounts payable Accounts receivable Net fixed assets...
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