Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

i coudn't know how to solve it i need a currect answer this is everything Questions: 1. You have the following data of Bayern Inc.

image text in transcribed i coudn't know how to solve it
i need a currect answer
image text in transcribed this is everything
Questions: 1. You have the following data of Bayern Inc. 31/12/2019 31/12/2018 Fixed assets 105,000 Cost of goods sold 108,660 Long-term debt 53,000 Cash 19,540 Depreciation 7,625 27,300 Net working capital Interest expense 5,520 Selling & Administrative expenses 20,790 Accounts payable 24,734 Fixed assets 133.400 Sales 201,200 Accounts receivable 12,520 Bank overdraft 11,000 Long-term debt 64,065 Inventory 25,765 New equity 10,000 Tax rate 20% Dividend percentage 30% Prepare a balance sheet and Income statement in the correct order. Calculate: Operating cash flow, Cash flow from assets, cash flow to creditors and cash flow to stock holders. Summer 2019/2020 FINA301 ASSIGNMENT 1 Deadline: 13/08/2020 (Thursday). The assignment should be submitted before the tutor hour. The submission should be sent to: mohamad kaakeh@emu.edu.tr with the subject (Student Number- Assignment 1) for example (16600333- Assignment 1) Late assignments will not be graded - Answers should be written individually, Plagiarism would cause you to fail this assignment. The assignment should be clearly typed on Microsoft Excel using the provided template or on word; sloppy wat not be accepted. (Show the calculations that you made with the formulas) Questions: 1. You have the following data of Bayern Inc. 31/12/2019 31/12/2018 Fixed assets Long-term debit Networking capital 105,000 53,000 7625 Cost of goods sold Cash Depreciation Interest expense Seling & Administrative expenses Accounts payable Fored assets Sales Accounts receivable Bank overdrat Long-term debt Inventory New equity Tax rate Dividend percentage 108,660 19.540 27.300 5520 20,790 24.734 133.400 201.200 12.520 11.000 64 065 25.765 10.000 20% 30% Prepare a balance sheet and income statement in the correct order. Calculate Operating cash flow. Cash flow from assets, cash flow to creditors and cash flow to stock holders

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

Step: 3

blur-text-image

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

Information Technologies In Accounting And Auditing A Post-Soviet Approach

Authors: Sergiy Ivakhnenkov

1st Edition

3639285395, 978-3639285390

More Books

Students also viewed these Accounting questions

Question

9. Describe the characteristics of power.

Answered: 1 week ago