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1. Bentara Bhd Statement of Financial Position for 2018 (RM in millions) Current assets Current Liabilities Cash 98 Account payable 344 Account Receivables 188 Notes

1.

Bentara Bhd

Statement of Financial Position for 2018

(RM in millions)

Current assets

Current Liabilities

Cash

98

Account payable

344

Account Receivables

188

Notes payable

196

Inventory

422

Long term debt

457

Fixed assets

Net plant and equipment

2,880

Common stock

550

Retained earnings

2,041

Total Assets

3,588

Total liabilities and owner's equity

3,588

Bentara Bhd

Statement of Profit and Loss for 2018

(RM in millions)

Sales

2,311

Cost of goods sold

1,344

Depreciation

276

Earnings before interest and taxes

691

Interest paid

141

Earnings before taxes

550

Taxes (34%)

187

Net income

363

Based on the financial statement provided, calculate the account collection period (ACP).

Select one:

a. 20.3 days

b. 30.5 days

c. 29.3 days

d. 25.3 days

2.

Bentara Bhd

Statement of Financial Position for 2018

(RM in millions)

Current assets

Current Liabilities

Cash

98

Account payable

344

Account Receivables

188

Notes payable

196

Inventory

422

Long term debt

457

Fixed assets

Net plant and equipment

2,880

Common stock

550

Retained earnings

2,041

Total Assets

3,588

Total liabilities and owner's equity

3,588

Bentara Bhd

Statement of Profit and Loss for 2018

(RM in millions)

Sales

2,311

Cost of goods sold

1,344

Depreciation

276

Earnings before interest and taxes

691

Interest paid

141

Earnings before taxes

550

Taxes (34%)

187

Net income

363

Based on the financial statement, calculate the return on assets.

Select one:

a. 11%

b. 12%

c. 13%

d. 10%

3.

Bentara Bhd

Statement of Financial Position for 2018

(RM in millions)

Current assets

Current Liabilities

Cash

98

Account payable

344

Account Receivables

188

Notes payable

196

Inventory

422

Long term debt

457

Fixed assets

Net plant and equipment

2,880

Common stock

550

Retained earnings

2,041

Total Assets

3,588

Total liabilities and owner's equity

3,588

Bentara Bhd

Statement of Profit and Loss for 2018

(RM in millions)

Sales

2,311

Cost of goods sold

1,344

Depreciation

276

Earnings before interest and taxes

691

Interest paid

141

Earnings before taxes

550

Taxes (34%)

187

Net income

363

Based on the financial statement, calculate the return on assets.

Select one:

a. 11%

b. 12%

c. 13%

d. 10%

The answers must be right please

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