corporate finance

subject name: analysis of financial statements

Assignment Question: Statement of Financial Position and Statement of Financial Performance for ABC Limited are presented below: 31-Dec-2020 31-Dec-2021 Cash 10,000 5,000 A/R 50,000 50,000 Inventory 40,000 Plant and Equipment 1,500,000 1,780,000 Total Assets 1,560,000 1,875,000 A/P 10,000 5,000 Bank Loan 500,000 300,000 Common Stock, $5 Par 500,000 800,000 8% Preferred Stock, $100 Par 300,000 300,000 Retained Earnings 250,000 470,000 Total Liabilities & Equity 1,560,000 1,875,000 Sales 5,500,000 Less: Cost of Sales 3,000,000 Operating Expenses (Incl Dep) 1,200,000 Financial Charges 30,000 Net income before tax 1,270,000 Net income after tax 762,000 Additional common stocks were issued for $300,000 on Aug 31, 2021. Company acquired Plant & Equipment for $750,000 during the year. Compute the following: 1) Cash received from customer 2) Tax paid during the year 3) Operating expenses paid during the year 4) Return on Equity 5) Return on Assets 6) Earnings per Share 7) Dividend per Share