Allianze Ltd has the following data information as of 30 June 2022:

Current assets of $ 6,970

Net fixed assets of $18,700

Current liabilities of $4,570

Long term debts of $9,490.

Required:

a) Calculate shareholders equity and prepare a balance sheet for the company for the period.(4 marks)

ANSWER: ** Answer box will enlarge as you type

b) How much is net working capital of the company? (1 mark)

ANSWER: ** Answer box will enlarge as you type

c) Calculate the return on assets of the company given the return on equity is 20% (2 marks)

ANSWER c):