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Can you please help me to answer those questions? I really need the answer. Tq Paragraph Styles Complete the balance sheet for Syarikat Eriksson Berhad
Can you please help me to answer those questions? I really need the answer. Tq
Paragraph Styles Complete the balance sheet for Syarikat Eriksson Berhad based on the following information. Assume that there are 365 days in a year. (Please show your calculation) [14 marks] = Gross Profit Inventory turnover Average collection period Sales Current ratio Total asset turnover Debt ratio = RM 278,640 6 times 31 days RM 720,000 2.35 times 2.81 times 49.4% Syarikat Eriksson Berhad Balance Sheet for the year ended 30 June 2019 RM RM 28,800 ASSETS Current Assets Cash Marketable Securities Account receivable Inventory Total Current Assets LIABILITIES & OWNERS' EQUITY Current Liabilities Accounts payable Notes payable Accruals Total Current Liabilities 8,005 18,800 195,565 Long-Term Liabilities Long-term debt Total Liabilities Non-Current Assets Total fixed assets Accumulated depreciation Net Fixed Asset (50,000) 2,451 Shareholders' Equity Preference share Ordinary shares Paid-up capital Retained earnings Total Shareholders' Equity TOTAL LIABILITIES & EQUITY 6,400 90,800 TOTAL ASSETS 2. ABC Corporation is issuing new bond, common stock and preferred stock in the stock markets to raise capital for the corporation. If you were to invest in ABC Corporation, which type of security will you choose to purchase? Justify your reason. [8 marks] Chapter 3 Based on the scrambled list of statement entries found below, reconstruct the income statement and balance sheet of the Syarikat Bintang Gemilang Berbad for the financial year ended 30 Jun 2019. [15 marks] Accounts payable $ 180,000 Accounts receivable 350.000 Inventories 225.000 Accrued expenses 35,000 Long-term debt 580.000 Accumulated depreciation 400.000 Net income 360.000 Cash 50,000 Net operating income 550.000 Common equity 480.000 800.000 Net plant and equipment Cost of goods sold 1.200.000 Operating expenses 250.000 Current assets 625.000 Plant and equipment 1.200.000 Current liabilities 365.000 Revenues 2.000.000 Earnings before taxes 480.000 Short-term notes payable 150.000 Gross profit 800,000 Total assets 120,000 Income taxes 1.425.000 Total liabilities and owner's equity 70,000 Interest expense 1.425.000Step by Step Solution
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