The following extract from the income statement has been prepared for Kingstone plc for the year ended 30 June 2017 $0...
ABC Ltd has provided the following information: Income Statement for the year ended 30 June 2018 $000 Revenue 25460 Cost of Sales 9810 Gross Profit 15650 Depreciation 7860 Other Expenses 1080 Gain on disposal of Non Current assets 150 6860 Operating Profit Finance Charges 2250 Profit before Tax 4610 Taxation 1030 Profit for the year 3580 Statement of Changes in Equity for the year ended 30 June 2018 Retained Earnings 01.07.17 8210 Profit for the year 3580 11790 Dividends paid...
Set out below are the financial statements of Emcar plc. Income Statement for the year ended 31 December 2017 $'000 Turnover 2,553 Cost of sales (1,814) Gross profit 739 25 Other Income: discount received Distribution costs Administrative expenses Finance cost (125) (264) (75) 300 Profit before tax Income tax expense Profit for the period 140 160 Statement of Financial Position as at 31 December 2017 2016 000.$ 000.$ Assets Non-current assets Property, plant and equipment Intangible assets Investments 380 305...
Oriole Supply Company Income Statement for the Fiscal Year Ended June 30, 2017($ thousands) Net sales Cost of goods sold Selling and administrative expenses Nonrecurring expenses Earnings before interest, taxes, depreciation, and amortization (EBITDA) Depreciation Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) Taxes (35%) Net income $2,110,000 1,460,000 317,000 27,000 $306,000 113,000 193,000 118,000 $75,000 26,250 $48,750 Oriole Supply Company Balance Sheet as of June 30, 2017($ thousands) Assets: Liabilities and Equity: Cash and marketable...
as follows The financial statements of Merlin plc have been prepared 014 & 2015 Statement of financial position as at 30 June 2 2015 2015 2014 2014 E000 £000 £000 £000 Non-current assets: PPE at cost 10,520 12,450 Accumulated depreciation (4,460) 7,990 (3,960) 6,560 1,460 810 Development costs Investments 1,840 1,070 Current assets: Inventory Trade receivables Cash 4,320 3,610 240 3,830 8,100 19,000 8,170 17,000 180 Equity and liabilities Ordinary shares of £1 each 6,700 Share premium account 5,400 1,470...
The balance sheet and income statement for Cullumber Supply Company for the fiscal year ended June 30, 2017 is as follows Cullumber Supply Company Income Statement for the Fiscal Year Ended June 30, 2017($ thousands) Net sales Cost of goods sold Selling and administrative expenses Nonrecurring expenses Earnings before interest, taxes, depreciation, and amortization (EBITDA) Depreciation Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) Taxes (35%) Net income $2,133,900 1,459,400 313,000 27,600 $333,900 112,150 221,750 117,650...
Sandy plc acquired 100 per cent of the issued capital of Beach plc on 30 June 2014 for $900,000, when the statement of financial position of Beach plc was as follows: plc acquired 100 per cent of the issued capital of Beach plc on 30 June 2014 ment of financial position of Beach plc was as follows: LO 20.4 for £900,000, when the state Statement of financial position of Beach plc as at 30 June 2014 (working sheet) £000 £000...
UOLIT $60,000 3.Spon, med THREE WINDS CONSULTING Income Statement For the Year Ended June 30, 2012 Foas earned Expenses Salary expense.... . . . ... Supplies expenso... . . .. Depreciation expenso.... . . .. ......... Miscellaneous expense.. Total expenses.... .. ..... . Not mcomo 2,400 800 1,500 . 37,200 . . .. . THREE WIND $22,200 S.. . THREE WINDS CONSULTING . . .". Retalned Earnings Statement V ... For the Yoar Ended June 30, 2012 Retained earnings, July...
PSB11.10 Below is the information relating to Simic and Nikolic Ltd for the year ended 30 June 2016. Prepare a statement of cash flows, including asset revaluations, bones share ise and transfer to resernes, using direct and indinect methods SIMIC AND NIKOLIC LTD Statement of financial position as at 30 June 2016 (LO3) 2016 2015 $000 $000 Assets Current assets 3150 1240 Cash 1 220 1 100 Accounts receivable Allowance for doubtful debts (60) 1520 60 (50) 1300 Inventory Prepaid...
CASE 4 Statement of profit or loss for the year ended June 2018 Sales Cost of sales Gross profit Selling and distribution expenses Administrative expenses Finance expenses RM'000 100,000 64,000 36,000 1,000 1,000 500 2,500 31,000 Taxes Net profit after tax Statement of profit and loss for the year ended December 2018 RM'000 32,000 Non-current assets Property, Plant and Equipment Current assets Cash Account receivables Inventory Total current assets Total assets 20,100 13,900 30,200 64,200 96,200 9,000 Non-current liabilities 8%...
Show step by step working claculations Income Statement compared with Industry Average For the year ended 30th June 2016 Peters Industry Average 100.0% Net sales $972,500 Cost of sales 653.520 65.8 34.2 Gross profit Selling and general expenses Other expenses Profit 318,980 201,308 5.835 19.7 04 Peters Retailers Pty Statement of financial Position compared with Industry Average as at 30h June 2016 Peters Industry Average $406,800 70.9% 151,200 23.6 0.8 Current assets Property, plant and equipment, net Intangible assets, net...