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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
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:
Calculate shareholders equity and prepare a balance sheet for the company for the period. (4 marks)
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How much is net working capital of the company? (1 mark)
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Calculate the return on assets of the company given the return on equity is 20% (2 marks)
ANSWER c):
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