Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2012 2 2. Sunrise Company's balance sheet on March 31, 2019 and 2018 and statement of profit and loss for the year ended March 31,

image text in transcribed

2012 2 2. Sunrise Company's balance sheet on March 31, 2019 and 2018 and statement of profit and loss for the year ended March 31, 2019 and 2018 are as follows: Sunthe Company Limited Balance Sheet, March 31 Derion 2019 Assets Nonnects Property, plant and event 635000 650.000 Non cumestieren 25000 25,000 Current Bus Irwantories 42.500 35,000 Trade recebe 25.000 67,500 Cash and cash equales 52.00 50.000 37.500 2.500 Tocal assets 917,500 835.000 Equity and liabihin ERY Louise cap 500,000 500.000 Reserves and Surplus 187.500 127.500 Non-UTENS Long Terms 103,500 125.000 Current Habits Tripathi 27.500 37,500 Total court and thors 917.500 835 Sunrise Company Unhed Sustement of Profit and Los for the year ended March 2010 2018 Net Sves 1.500.000 1.225.000 Castated 1.025.000 CroProfs 450,000 250.000 Selling and administrative deres 195.000 Profit before interest 75.000 45.000 32,500 Prolit before 210,000 53,500 IN 300000 22,500 Pratt Merta 110,000 30,000 Additional information Market price per share Didend per she Larin perhe ORI 2,200.00 2500 2008 (5) 300.00 12750 15. On March 1, 2017 the company had more of 32,500, receivables of 30,000, unts of Rs675.000 and equity of Rs 622.500 Require 1. Prepe a harcoal arolysis of the statement of profit and less and balance sheet showing amount and percentage changes from 2018 2019 10 M 2. Prepare ve a common site statement of profandioss and balance sheet 190 Mars 3. Comment on the results found in Requirements and IS Marks 4. Compute proibit.liquidity shy and capital market standing ratios (12 Mars] 5. Using the ratios.computed in Requirement 4 above, evaluate company's profit Iquidity, solvency and capital market standing Maria 2012 2 2. Sunrise Company's balance sheet on March 31, 2019 and 2018 and statement of profit and loss for the year ended March 31, 2019 and 2018 are as follows: Sunthe Company Limited Balance Sheet, March 31 Derion 2019 Assets Nonnects Property, plant and event 635000 650.000 Non cumestieren 25000 25,000 Current Bus Irwantories 42.500 35,000 Trade recebe 25.000 67,500 Cash and cash equales 52.00 50.000 37.500 2.500 Tocal assets 917,500 835.000 Equity and liabihin ERY Louise cap 500,000 500.000 Reserves and Surplus 187.500 127.500 Non-UTENS Long Terms 103,500 125.000 Current Habits Tripathi 27.500 37,500 Total court and thors 917.500 835 Sunrise Company Unhed Sustement of Profit and Los for the year ended March 2010 2018 Net Sves 1.500.000 1.225.000 Castated 1.025.000 CroProfs 450,000 250.000 Selling and administrative deres 195.000 Profit before interest 75.000 45.000 32,500 Prolit before 210,000 53,500 IN 300000 22,500 Pratt Merta 110,000 30,000 Additional information Market price per share Didend per she Larin perhe ORI 2,200.00 2500 2008 (5) 300.00 12750 15. On March 1, 2017 the company had more of 32,500, receivables of 30,000, unts of Rs675.000 and equity of Rs 622.500 Require 1. Prepe a harcoal arolysis of the statement of profit and less and balance sheet showing amount and percentage changes from 2018 2019 10 M 2. Prepare ve a common site statement of profandioss and balance sheet 190 Mars 3. Comment on the results found in Requirements and IS Marks 4. Compute proibit.liquidity shy and capital market standing ratios (12 Mars] 5. Using the ratios.computed in Requirement 4 above, evaluate company's profit Iquidity, solvency and capital market standing Maria

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Petroleum Accounting Principles Procedures And Issues

Authors: Dennis Jennings, Joe Feiten, Horace Brock

5th Edition

0940966255, 978-0940966253

More Books

Students also viewed these Accounting questions

Question

3. Refrain from using pet phrases such as you know, like, and Okay?

Answered: 1 week ago