Sales revenue Rental revenue Prodcut expense Wages expense Owner investment Revenues Equipment purchases Utilities expense Taxes expense Question 1 of 3. For each independent situation below, calculate the missing values. 1250 75560 26390 872300 - Expenses 1100 100755 68600 856995 + Gains 125 0 320 11000 $62,500 15,300 52,200 18,900 12,000 56,000 1,800 400 - Losses 75 1550 1675 600 = Net Income/ (Loss) (485) 6485 (990) 26305
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Question-Specific Notes:
you are given a role in a scenario, that of preparing an income statement for DL Enterprises for the month ending July 31, 20X8. The DL Enterprises info below may help you with the task of categorizing items.
QUESTION:
For each independent situation below calculate the missing values
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- Data needed: SFP Asset section 1. Cash 16.3% 2. AR 6.3% 3. Short term investment 0.2% 4. Inventory 2.2% 5. Prepaid expenses 0.4% 6. PPE 74.7% Data needed: SFP Liabilities and OE section. 1. Current liab 16% 2. Non-current liab 34.2% 3. OE 49.9% Data needed: SCI 1. COGS 38.6% 2. Selling and admin exp 6.8% 3. Interest exp 0.1% 4. Income tax exp 0.5% 5. Net income 54%Compute total income from the following? Net Sales OMR 50000, Cost of goods sold OMR 20000, Dividend received OMR 5000, Insurance paid OMR 2000, Depreciation OMR 2000 and Commission received OMR 1000. a. OMR 36000 b. OMR 27000 c. OMR 33000 d. OMR 43000Calculate net profit from the following? Net sales OMR 100000, Cost of goods sold OMR 40000, Rent received OMR 20000, Salaries OMR 10000, Insurance OMR 6000 and Depreciation OMR 8000. a.OMR 60000 b.OMR 64000 c.OMR 70000 d.OMR 56000
- I Current ratioli. Times interest earnedjli. Inventory turnover¡v. Total asset turnoverv. Operating profit marginVi. Debt ratiovi. Average collection periodVii Fixed asset turnoverixReturn on equitypter 4 Problem Solving.pdf Open with Google Docs Problem 4-10 page 112 RATIO CALCULATIONS Assume the following relationships for the Brauer Corp Sales total assets Retum on assets ROA) Return onequity (ROE) Calculate Brauer's puofit margin and debt iratio. SolationSolvency and Profitability Trend Analysis Addai Company has provided the following comparative information: 20Y8 20Y7 20Y6 20Y5 20Y4 Net income $1,078,700 $929,900 $781,400 $667,900 $566,000 Interest expense 366,800 334,800 289,100 220,400 175,500 Income tax expense 345,184 260,372 218,792 173,654 135,840 Total assets (ending balance) 8,226,651 8,779,231 6,276,721 6,620,869 5,020,826 Total stockholders' equity (ending balance) 2,543,681 3,148,667 2,003,133 2,553,135 1,531,881 Average total assets 8,502,941 7,527,976 6,448,795 5,517,391 4,722,930 Average stockholders' equity 2,846,174 2,575,900 2,278,134 2,042,508 1,808,307 You have been asked to evaluate the historical performance of the company over the last five years. Selected industry ratios have remained relatively steady at the following levels for the last five years:…
- HAlpULSdhx/wkRBg-SysLm-AeX919m2L5F4)xzbwovdD6BWUmolz5g/tormResponse?pli 1 Consider the following selected financial information for Green Woods Company. Green Woods Company Income Statement For the Year Ended December 31, 2020 Green Woods Company Balance Sheet For the Year Ended December 31, 2019 & 2020 2020 2019 ASsets Cash Accounts Receryabl- Invente Revenues $9.000 $230 $480 $$10 $590 Less: Depreciation expense $650 $960 $3.140 $2 150 K$1.520)(S870) $3.310 $980 Less: Other operating expenses 7100 Plant &Equipment Less Arcumalated Depreciation Tonal Assets Liabilinies & OE Less: Interest Expense 440 $3.340 Income before income taxes $810 voints Payal. acoms Tax Payable S870 S120| $550 S280 Income tax expense $270 00 Net income S510 $1.100 S1350 OUESSolvency and Profitability Trend Analysis Addai Company has provided the following comparative information: 20Y8 20Y7 20Y6 20Y5 20Y4 Net income $1,078,700 $929,900 $781,400 $667,900 $566,000 Interest expense 366,800 334,800 289,100 220,400 175,500 Income tax expense 345,184 260,372 218,792 173,654 135,840 Total assets (ending balance) 8,226,651 8,779,231 6,276,721 6,620,869 5,020,826 Total stockholders' equity (ending balance) 2,543,681 3,148,667 2,003,133 2,553,135 1,531,881 Average total assets 8,502,941 7,527,976 6,448,795 5,517,391 4,722,930 Average stockholders' equity 2,846,174 2,575,900 2,278,134 2,042,508 1,808,307 You have been asked to evaluate the historical performance of the company over the last five years. Selected industry ratios have remained relatively steady at the following levels for the last five years:…Income Statement Sales CGS Depr EBIT Interest EBT Taxes Net Income Div Add to RE Balance Sheet Cash AR Inven Current Assets Net Fixed Assets Total Assets AP NP Accrued Wages Current Liab LTD Common Stock Retained Earnings Total Common Eq T. Liab & Equity Year 0 $8,000 1.25 5,000 1.25 600 1.25 $2,400 200 $2,200 550 Use 25% $1,650 $1,200 $ 450 AFN $400 1.25 600 1.25 500 1.25 $1,500 2.500 1.25 $4,000 $ 100 200 100 $ 400 800 1,500 70 1.300 $2,800 $4,000 1" Pass Forecast Year 10,000 200 500 750 625 1875 3,125 5,000 200 2nd Pass Forecast Year 10,000 500 750 625 1875 3,125 5,000 200 1. Calculate the proforma income statement and balance sheet assuming 25% growth (use the constant growth method and assume the company is at full capacity). Assume additional funds needed will come from 60% LTD and 40% from a common stock issue. Interest on the debt is 9% and the common stock will sell for $30 per share and pay $1.00 per share in dividends. (Use balance sheet and income statement on page 1)
- INCOME STATEMENT Year ended June 30 2022 2021 $'000 $'000Revenue 22450 18675Cost of sales 8475 8055Gross Profit 13975 10620Distribution costs 4245 3120Administrative expenses 1276 2134Selling expenses…C $ 4 Terminology Matching Profitability Ratios Rationalization Return on Assets Ratio Return on Common Stockholders' Equity Ratio Sarbanes-Oxley Act Solvency Ratios Sustainable Income The Human Element Times Interest Earned Vertical Analysis % si se 6 & 7 * 00 8 A measure of company's solvency and ability to meet interest payments as they come due; calculated as the sum of net income, interest expenses and income tax expense divided by interest expense This is a profitability measure that indicates the amount of net income generated by each dollar of assets. It is computed as net income divided hv average total assets A technique for evaluating financial statement data that expresses each item in a financial statement as a percentage of a base amount Fatigue, carelessness, indifference, collusion Measures of the ability of a company to survive over a long period of time A measure of the dollars of net income earned for each dollar invested by the owners; computed as income available…Using the Accounting equation. Compute the following figure: Liabilities Assets Сaptal Workings 1 54000 16900 ? 2 330000 155000 ? 3. ? 19200 24400 4 ? 59000 119300 36100 28500 6 18600 16450 7 5000 16900 8 ? 14392 245886 9.200000 50000