31-60 days 2,000 61.90 days 90+ days 1. Calculate the total amount of account receivable ageing: Customer Total accounts receivable 0-30 days 8,000 6,000 B 10,000 C 22,000 Total 40,000 6,000 Estimated bad debt 2% 10,000 - 10,000 2,000 12% 22,000 22,000 35% 20% 2. Calculate the depreciation expense with the 4 depreciation methods for a piece of equipment that cost 50,000, with an estimated useful life of 4 years, and a zero-salvage value. What would be the ending book value with the double declining depreciation? The total unit of production are of 100 million and production of units are of 3 millions for year one, 15 millions for year two, 3 millions for year three and 32 millions for year 4. 3. If total liabilities are 2,500 and total shareholder's equity are 7,500, what is the amount of total assets? 4. Calculate the retained earnings considering the following financial information: Beginning retained earnings: 75,000 Net income for the year: 135,000 Dividends paid: 23,000 5. Present the below balance sheet with the common size method: 2020 17.000 11.000 1.000 12.000 41.000 Assets Current assets Total cash Inventories Prepaid expenses Accounts receivable Total current assets Non-current assets Property, plant and equipment Goodwill Total assets Liabilities and stockholder's equity Current liabilities Accounts payable Salaries payable Accrued expenses Total current liabilities Long-term debt Shareholder's equity Total liabilities and stockholder's equity 20.000 130.000 191.000 28.000 23.000 17.000 68.000 51.000 72.000 191.000