Can you please show full calculation steps and full answers including intermediate stages
Assets (kC) Fixed assets 6 000 Equity & liabilities (KC) Share capital 3290 Retained earnings 0 56 Raw material inventory Finished goods inventory Accounts receivable 210 0 The Good company has the following opening balance sheet. During the accounting period, the good company produces 48000 products, and sells 50000 products, for a total of 3 500 000,00. Good company buys materials for 2 000 000,00, and pays 1 000 000,00 in other expenses. The material cost amounts to 50% of the sales price. The company does not make any investments, and fixed assets depreciate according to plan by 5%. The company pays 5% interest on its loans. The company repays due loans and takes new (long-term) loans for 300 000,00 halfway through the accounting period. The good company pays dividends to its shareholders for a total of 200 000,00. At the end of the year there are accounts receivable worth 25 000,00, accounts payable worth 55 000,00, and there are due amortizations of 300 000,00 in the following accounting period. Corporate tax is at 20%, and payments are excluding VAT. Profit/loss of the financial year 36 Long-term debt 2500 58 Short-term debt 500 Cash and equivalents Accounts payable 70 a) What is the net result of the financial year? b) What is the net cashflow of the financial year? c) What is the change in working capital during the financial year? Assets (kC) Fixed assets 6 000 Equity & liabilities (KC) Share capital 3290 Retained earnings 0 56 Raw material inventory Finished goods inventory Accounts receivable 210 0 The Good company has the following opening balance sheet. During the accounting period, the good company produces 48000 products, and sells 50000 products, for a total of 3 500 000,00. Good company buys materials for 2 000 000,00, and pays 1 000 000,00 in other expenses. The material cost amounts to 50% of the sales price. The company does not make any investments, and fixed assets depreciate according to plan by 5%. The company pays 5% interest on its loans. The company repays due loans and takes new (long-term) loans for 300 000,00 halfway through the accounting period. The good company pays dividends to its shareholders for a total of 200 000,00. At the end of the year there are accounts receivable worth 25 000,00, accounts payable worth 55 000,00, and there are due amortizations of 300 000,00 in the following accounting period. Corporate tax is at 20%, and payments are excluding VAT. Profit/loss of the financial year 36 Long-term debt 2500 58 Short-term debt 500 Cash and equivalents Accounts payable 70 a) What is the net result of the financial year? b) What is the net cashflow of the financial year? c) What is the change in working capital during the financial year
