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Good Day! This is an Accounting Problems. Anyone who can help me please. Thank you and God bless! Problems. 1. The following data are given

Good Day! This is an Accounting Problems. Anyone who can help me please. Thank you and God bless!

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Problems. 1. The following data are given in the operations Silang Trading for 2015. Net cash flow from operations, P 100 000; Dividends paid, 50 000; Proceeds from sale of Equipment, 20 000; Cost of land acquired, 70 000; Payment of long term loans, 25 000; Proceeds from issuance of capital stock, 30 000. Required: a. Net change in cash balance b. Net cash inflow (outflow) from financing activities c. Net cash inflow (outflow) from investing activities 2. Mina Company has two divisions A and B which are both classified as investment Centers. Net income and total assets for each division are shown below: A B Net Income Total Assets P 150 000 600 000 P 250 000 1 250 000 a. Evaluate the two divisions according to; 1. Net Income 2. ROI b. Assume the desired rate of return for Mina is 19%, evaluate the two divisions according to residual income; 3. Office equipment with a cost of P 10 000 and accumulated depreciation of P 9 500 was sold for P 1000 cash. a. What was the gain or loss on the sale? b. What was the effect of the transaction on working capital? c. How would the transaction be reported in the cash flow statement? 4. The sales, net income and asset investment of two companies in the same industry are As follows: Company X Company Y Sales Net Income Assets 300 000 30 000 200 000 450 000 45 000 900 000 a. What is the percentage of net income to sales for each company? b. What is the rate of return on assets for each company? c. As far as the data permit, comment on the relative performance of the two companies. 5. The following data were taken from the balance sheet of Haydee Company: Cash Marketable Securities Accounts Receivable (net) Merchandise Inventory P 92 000 50 000 122 000 273 500 Prepaid Expense Accounts Payable Accrued Liabilities P 12 500 175 000 45 000 Determine the following. Show solutions. a. Working Capital Current Ratic C. Acid Test Ratio What conclusions can be drawn from these data as to the company's ability to meet its Currently maturing debts? 6. The accounting records of Ching Company show the following data: 2015 2016 Units Sold Selling Price per Unit Cost per Unit 2 500 P 140 P 80 4 000 P 125 P70 Required: Prepare a statement accounting for the changes in sales, cost of sales and gross profit. 7. From the following information for the Sweet Corporation, prepare a statement of cash flows for the year ended December 31, 2015. Amortization of patent P2 200 Depreciation expense 7 000 Issuance of common stock 25 000 Issuance of new bonds payable 15 000 Net Income 44 000 Payment of Dividends 22 500 Purchase of Equipment 33 200 Retirement of long term debt 45 000 Sale of land (no gain, no loss) 3 500 Net decrease in cash for the period 4 000 8. Carreon Corp. was able to acquire second hand goods worth P 100,000 in an auction. The goods can be sold as is for P120 000 or reconditioned at a cost of P 30,000 and sold for P 170,000. a. Identify the irrelevant cost in this problem. b. What alternative should be chosen. c. What is the opportunity cost of reconditioning the goods? 9. The three product lines of Grand Corp. earn the ff. contribution margin per unit: X-P 10, Y-P 15, 2-P-12. All the three products require the use of Material A. The needed quantities of Material A per unit of the products are 5, 3,4 for products X, Y, Z respectively. A labor strike in the company manufacturing material A limits the supply of the material to Only 200,000 units per month which is not enough to meet the monthly production Requirements (based on sales demand) of 20,000 for X; 10,000 for Y and 30,000 for 2, Fixed manufacturing costs for the three products amount to P 100,000 per month. Determine the number of units that must be produced for each product that will Maximize total contribution margin and optimize utilization of the 200,000 units of Material A

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