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Hi, Solve step by step please, thanks! It's all they've given me Below you will find financial statements of Moe's bar, you are requested to
Hi, Solve step by step please, thanks!
It's all they've given meBelow you will find financial statements of Moe's bar, you are requested to do the following: A. Complement with amounts the spaces where it is required to correctly finish the balance sheet and the profit and loss statement, also indicate the concepts of the final results in each financial statement B. Determine the financial liquidity ratios and perform your interpretation or analysis of each result C. Determine the financial ratios of profitability and perform its interpretation or analysis of each result D. Make a 5-line conclusion of how the company is financially MOE'S Balance sheet as of December 31, 2019 $185,000.00 200,000.00 50,000.00 30,000.00 8,000.00 40,000.00 5,000.00 ASSETS CURRENT ASSETS Cash Banks Goods Customers Various debtors FIXED ASSETS Grounds Insurance premiums DEFERRED Marketing expenses Installation costs LIABILITIES CURRENT LIABILITIES Providers Various creditors FIXED LIABILITIES Mortgage creditors 12,000.00 5,000.00 30,000.00 40,000.00 90,000.00 MOE'S Profit and loss statement from January 1 to December 31, 2019 NET SALES $ 1,000,000.00 ( -COST OF WHAT IS SOLD (300,000.00 GROSS PROFIT (-) SELLING EXPENSES (70,000.00 (-) ADMINISTRATION EXPENSES (50,000.00) UTILITY OPERATION OTHER INCOME (EXPENSES FINANCIAL PRODUCTS 18,000.00 FINANCIAL EXPENSES (12,000.00) PROFIT AMONG OTHER EXPENSES AND PRODUCTS PROFIT BEFORE TAX (-) EMPLOYEE PATICIPATION IN COMPANY PROFITS (30,000.00) (-) INCOME TAX (25,000.00)
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