Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

E B D 1 Exercise 2 For Company ABCgiven accounts balances during 2019 and 2019, 3 Accounts and their balances 2020 2019 5 Accounts payable

image text in transcribed
E B D 1 Exercise 2 For Company "ABC"given accounts balances during 2019 and 2019, 3 Accounts and their balances 2020 2019 5 Accounts payable 6918 6668 16 Accounts receivable trade, less alla ances for doubtful acco 11699 10734 7 Accrued compensation and employee related obligations 2676 2474 & Accrued liabilities 5635 5411 9 Accrued rebates, returns and promotions 5403 5440 10 Accrued taxes on income 971 750 II Accumulated other comprehensive income 14901 -13165 12 Cash and cash equivalents 18972 13732 13 Common stock 3120 3120 14 Deferred taxes on income 6148 5490 15 Deferred taxes on income 2910 2562 16 Employee related obligations 9615 8854 17 Goodwill 22805 21629 18 Intangible assets, net 26876 25764 19 Interest expense 726 552 20 Interest paid 730 617 21 Inventories 8144 8053 22 Less: common stock held in treasury 28 352 22 684 23 Loans and notes payable 4684 7004 24 Long-term debt 22442 12857 25 Marketable securities 22935 24644 26 Net earnings 16540 15409 27 Other assets 4435 4413 9536 28 Other liabilities 10241 29 Prepaid expenses and other receivables 3282 3047 30 Property, plant and equipment.net 15912 15905 31 Provision for taxes on income 3263 3782 110551103879 32 Retained earnings 33 Sales to customers 72890 70074 34 35. Requirements 36 1. Make balance sheet for the years 2020 2019 incorrect order. 37 2. Could you calculate: Working Capital The current ratio, Debt to equity ratio. Interest coverage 38 2. Could you make DuPont Analysis 39 40 42 Instructions

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Theory And Practice

Authors: Roger H. Hermanson

1st Edition

0256023301, 978-0256023305

More Books

Students also viewed these Accounting questions