Common text for questions 1-4 Assume that in the role of finance manager at a small company, you have been asked to explain some issues to the management of a limited company. As an information base, you have received the following financial reports, which are taken from the financial statements for the year 2021. However, these information bases are not complete, but you must use your understanding of financial relationships and how these reports are in principle structured to list which values should be on the records where you were not given that information. All amounts in the reports are stated in thousands of kronor. Assume the following: the tax rate is 22% and that other short-term liabilities are interest-free. Appropriations of 25% of the result before appropriations have been made. No new share issue has taken place, but a dividend of SEK 500,000 has been made during the year. Income statement 2021 (SEK thousand) Sales 25,300 Cost of goods sold 12,000 Personnel costs 4,600 Depreciation 1,000 Other operating expenses 2,000 Interest expenses 100 Profit before appropriations 5600 Year-end appropriations 1400 Profit before tax 4200 Tax expense 924 Profit for the year Balance sheet 2021 (SEK thousand) 3276| Assets Fixed assets laxenterx 01-jan 2021 31-dec 2021 5 000 6 000 1 200 1100 Accounts receivable 3 200 3 000 Cash and bank balances Total assets Equity and liabilities. Share capital 2 500 5226 11900 15326 01-jan 2021 31-dec 2021 2 500 2500 Retained earnings including profit for the year 1250 4 026 Untaxed reserves Bank loan Accounts payable Other short-term liabilities Total equity and liabilities. 600 2000 2 400 2 800 1 800 1000 3350 3 000 11900 15326