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690000 380000 190000 1985000 1940000 2370000 5975000 211000 3.1. Given below are financial information for Boo-at Jer Sendirian Berhad for the financial year ended 31

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690000 380000 190000 1985000 1940000 2370000 5975000 211000 3.1. Given below are financial information for Boo-at Jer Sendirian Berhad for the financial year ended 31 December 2019. Item Amount (RM) Accounts payable Accounts receivable Prepaid taxes and insurance Cash & cash equivalents Plant, property & equipment Operating profit Net sales Inventory Total Owners' Equity (end balance) 2550000 Income taxes 590000 Interest charges 340000 Q 3.1.a. Calculate the net profit after tax. (2 marks) Format : 4860000Q 3.1.b. Calculate total current assets. (2.5 marks) Format : 8356000Q 3.1.c. Calculate total long term liabilities. (3 marks) Format : 425000Q 3.1.d. Prepare formatted Balance Sheet Statement as at 31 December 2019. Show in workings to be attached. (7.5 marks) Format : AQ.3.2. The Beena Jer Contractor Company paid RM1482000 for a house and the land that it is on. The value of the land was appraised at RM162000 and the value of the house at RM245000. The house was then torn down at an additional cost of RM15000, so that a warehouse could be built on the land at a cost of RM1060000. For depreciation purposes, what is the cost basis for the warehouse? (3.5 marks) Format : 9950000 Q.3.3. Consider the following data for a machinery using DDB depreciation method: Cost of the machine 38000 Useful life Salvage value 6000 Calculate the book value at the end of the 4th year. (6.5 marks) Format : 8483 5 year

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