1 Brunswick Lid wholesale supplier for convenience store established in 2018. The owner manager has asked you to prepare the financial statements for the year ended 30 June 2020 from the information presented below that has been summed from the company bank records and information from the 2010 trial balance 2.130 Summary of bank statement transactions from 1 July 2010 to 30 June 2020 Cash at bark on 1 July 2019 46,650 Add: Cash banked from trade receivables 450.568 Cash banked from cash 270.680 Cash received from the sale of delivery van 2.000 Total cash received 77686 Less Purchase of new delivery van 21,000 Wages and staff costa paid 192.500 Ultes (water, electricity, gas) paid 11.000 Insurances paid Fuel costspaid -2,860 Payments made to suppliers 187.210 Finance costs pald 12,500 Office consumables purchased Rent on warehousing facilities pald 26.800 Businesses paid (local trading tax -11,100 Telephone and internet costs paid 1.050 Website costs pald 980 Repayment of business loan 100.000 Purchase of laptop computer 1,300 Purchase of additional forklift truck 12,600 Total payments made 584121 Cash at bank on 30th June 2020 192 867 421 7 30.000 0.00 . Los C T13 12 100.000 . 100.000 ZT700300 Abridged Incom thered 2013 as Costa pen und und 5.000 5000 00005 les con Coro Gospel 200 000 1970S? 24.50 Con 2020 2000 0) Lowongan The Siedlce sold out it on wanddection on wounge Apurther alhos Depreciation charged on the delivery van and shelving at 10% on a straight b Depreciation on computer equipment and the foren truck is 20 per annum reducing balance IM) The of credit for which payment had not been received contains mounting to 95.500 Due to the Covid Panem customers, owing a lot of 8400 have declared bankruptcy in light of expected Darkouring because of the pandemic the provision for doutlets wil 4% of closing trade receivables for the year ended on June 2020 MOther payabiles per the Trillance for June 30 2010 relate to insurances une 2010 year and the insurance for 2020 was 1,000 Amount owed to trade payables for the year ended 30th in 2021 was 32.750 ( Finance costspaid during the you to 30 June 2000 included 11.250 Wreston the business and c1,510 for tank charges and point of sale commissions paypal and Brunswick redeemed 100,000 from the business loan on 30 June 2020 REURED: a) A Statement of Financial Position for Brunswick Ltd for the year endede 2012 (5 mars b) An Income Statement for Brunswick Lid for the younded 30. Jun 2020 (10 marks c) A Statement of Financial position for Brunswick Land for the year ended 30 June 2020 (12 marks) d) Calculate the working capital cycle of Brunswick for 2019 and 2020. Assume sales and purchases were on credit in 2019. Evaluate your findings 16 marts .) For the year ended 2020 evaluate the proposal to reduce the receivables period to 0 15 days 30 days Assume that the weighted average cost of capital for Brunswick Lid was 7% You discussion should explore the impact that this would have on the ROCE, Geaning and current ratio 1 Brunswick Lid wholesale supplier for convenience store established in 2018. The owner manager has asked you to prepare the financial statements for the year ended 30 June 2020 from the information presented below that has been summed from the company bank records and information from the 2010 trial balance 2.130 Summary of bank statement transactions from 1 July 2010 to 30 June 2020 Cash at bark on 1 July 2019 46,650 Add: Cash banked from trade receivables 450.568 Cash banked from cash 270.680 Cash received from the sale of delivery van 2.000 Total cash received 77686 Less Purchase of new delivery van 21,000 Wages and staff costa paid 192.500 Ultes (water, electricity, gas) paid 11.000 Insurances paid Fuel costspaid -2,860 Payments made to suppliers 187.210 Finance costs pald 12,500 Office consumables purchased Rent on warehousing facilities pald 26.800 Businesses paid (local trading tax -11,100 Telephone and internet costs paid 1.050 Website costs pald 980 Repayment of business loan 100.000 Purchase of laptop computer 1,300 Purchase of additional forklift truck 12,600 Total payments made 584121 Cash at bank on 30th June 2020 192 867 421 7 30.000 0.00 . Los C T13 12 100.000 . 100.000 ZT700300 Abridged Incom thered 2013 as Costa pen und und 5.000 5000 00005 les con Coro Gospel 200 000 1970S? 24.50 Con 2020 2000 0) Lowongan The Siedlce sold out it on wanddection on wounge Apurther alhos Depreciation charged on the delivery van and shelving at 10% on a straight b Depreciation on computer equipment and the foren truck is 20 per annum reducing balance IM) The of credit for which payment had not been received contains mounting to 95.500 Due to the Covid Panem customers, owing a lot of 8400 have declared bankruptcy in light of expected Darkouring because of the pandemic the provision for doutlets wil 4% of closing trade receivables for the year ended on June 2020 MOther payabiles per the Trillance for June 30 2010 relate to insurances une 2010 year and the insurance for 2020 was 1,000 Amount owed to trade payables for the year ended 30th in 2021 was 32.750 ( Finance costspaid during the you to 30 June 2000 included 11.250 Wreston the business and c1,510 for tank charges and point of sale commissions paypal and Brunswick redeemed 100,000 from the business loan on 30 June 2020 REURED: a) A Statement of Financial Position for Brunswick Ltd for the year endede 2012 (5 mars b) An Income Statement for Brunswick Lid for the younded 30. Jun 2020 (10 marks c) A Statement of Financial position for Brunswick Land for the year ended 30 June 2020 (12 marks) d) Calculate the working capital cycle of Brunswick for 2019 and 2020. Assume sales and purchases were on credit in 2019. Evaluate your findings 16 marts .) For the year ended 2020 evaluate the proposal to reduce the receivables period to 0 15 days 30 days Assume that the weighted average cost of capital for Brunswick Lid was 7% You discussion should explore the impact that this would have on the ROCE, Geaning and current ratio