Question
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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