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Posted on Aug 13, 2024

Based on the information provided below (which is the same as above), answer the following questions. Post your answers to the answer sheet provided. Balance

Based on the information provided below (which is the same as above), answer the following questions. Post your answers to the answer sheet provided. Balance Sheet 2xx1 Balance Sheet 2xx2 Income Statement 2xx2 Cash Acct. Receivable 20,000 Inventory Prepaid Expenses 4,000 10,000 Cash 20,000 Revenues 1,200,000 Cost of Sales 360.000 Acct. Receivable 10,000 Inventory Prepaid Expenses 8,000 16,000 12,000 Payroll Expenses 480,000 General Expenses 25,000 Equipment 300,000 Equipment 200,000 Buildin Administrative Exp 10,000 Utility Expenses 45,000 Depreciation Exp. 30,000 Interest Expenses 20,000 Expenses 120.000 00 Building.( 0.000 TotalAssets 500.00 R&M Expenses 10,000 Acct. Payable 60,000 Acct. Payable 15,000 Salaries Payable 25,000 Salaries Payable 10,000 Interest Payable 15,000 Interest Payable 5,000 Long-term debt 300,000 Long-term debt 170,000 Q. Calculate the ROE of the year 2xx2. (Do not put"%" in your answer. If your answer is "100%", then put just 100) Based on the information provided below (which is the same as above), answer the following questions. Post your answers to the answer sheet provided. Balance Sheet 2xx1 Balance Sheet 2xx2 Income Statement 2xx2 Cash Cash Acct. Receivable 20,000 Inventory Prepaid Expenses 4,000 r 10,000 20,000 Revenues 1,200,000 Cost of Sales 360.000 Acct. Receivable 10,000 Inventory Prepaid Expenses 8,000 16,000 12,000 Payroll Expenses 480,000 General Expenses 25,000 Equipment 200,000 Equipment Buildin 300,000 50000 Building.( Administrative Exp 10,000 Rent Expenses 120,000 Utility Expenses 45,000 Total Assets 500.000Expenses 120,000 R&M Expenses 10,000 Acct. Payable 60,000 Acct. Payable 15,000 Salaries Payable 25,000 Salaries Payable 10,000 Interest Payable 15,000 Interest Payable 5,000 Depreciation Exp, 30.000 0.000 Long-term debt 300,000 Long-term debt 170,000 Q. During the year of 2xx2, how many dollars ($) of revenues did the company generate using one dollar invested into its entire resources? (Do not put "$" in your answer. If you answer is $9.80; then, just put 9.8.) Based on the information provided below (which is the same as above), answer the following questions. Post your answers to the answer sheet provided. Balance Sheet 2xx1 Balance Sheet Income Statement 2xx2 Cash 10,000 20,000 Acct. Receivable 20,000 16,000 Prepaid Expenses 4,000 Acct. Receivable 10,000 Inventory Prepaid Expenses 8,000 Inventory 12,000 Payroll Expenses 480,000 General Expenses 25,000 Equipment 300,000 Equipment 200,000 Administrative Exp 10,000 Rent Expenses 120,000 Utility Expenses 45,000 Building 350,000 Building(net) 25000 R&M Expenses 10,000 Acct. Payable 60,000 Acct. Payable 15,000 Salaries Payable 25,000 aries Payable 10,000 Interest Payable 15,000 Interest Payable 5,000 Long-term debt 300,000 Long-term debt 170,000 sowners' Eauity Determine Q. If the management turns over its total assets two and a half (2.5) times during the next year (2xx3), what will be the total revenues? (Assume the amount of the total assets at the end of 2xx3 will remain the same as that of 2xx2.) (Do not put "$" in your answer. If you answer is $1,000.00; then, just put 1000) Based on the information provided below (which is the same as above), answer the following questions. Post your answers to the answer sheet provided Balance Sheet 2xx1 Balance Sheet 2xx2 Income Statement 2xx2 Cash Acct. Receivable 20,000 Inventory Prepaid Expenses 4,000 10,000 Cash Acct. Receivable 10,000 Inventory Prepaid Expenses 8,000 20,000 Revenues 1,200,000 16,000 12.000 Payroll Expenses 480,000 General Expenses 25,000 Equipment 300,000 Equipment 200,000 Building350.000 Building.(net) 250,000 Administrative Exp 10,000 Rent Expenses 120,000 Utility Expenses 45,000 R&M Expenses 10,000 Acct. Payable 60,000 Acct. Payable Salaries Payable 25,000 Salaries Payable 10,000 Interest Payable 15,000 Interest Payable 5,000 5,000 Depreciation Exp. 30.000 Long-term debt 300,000 Long-term debt 170,000 0.000 Q. If the company plans to make its revenues grow by 15% in 2xx3 from those of 2xx2, how much ($) should the revenues be? (Do not put "$" in your answer. If you answer is $1,000.00; then, just put 1000)