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Impotrant note: i need to solve 1+2+3 please solve it in word or excel format with the with explanation ( formula ) !!! Chapter 2
Impotrant note: i need to solve 1+2+3
please solve it in word or excel format with the with explanation( formula ) !!!
Chapter 2 Assignment 1 1. The SMR Company has total operating income of AED 30 million. The depreciation expense was AED 3 million and dividends were paid in the amount of AED 6 million, accounts payables decreased by AED 5 million, accounts receivables decreased by AED 10 million, inventory decreased by AED 14 million, interest expenses AED 1.5 million and tax rate 30%. What was the net cash flow from operating activities? 2. RMT Company had earnings after taxes of AED 30 million in the year 2018 with 3,000,000 shares of stock outstanding. On January 1, 2019, the firm issued 50,000 new shares. Because of the proceeds from these new shares and other operating improvements, earnings after taxes increased by 25 percent. Compute earnings per share for the year 2018. b. Compute earnings per share for the year 2019. a. 3.From the following income statement accounts a. produce the income statement for the year b. produce the operating cash flow for the year Income Statement Accounts for the Year Ending 2019 Cost of Goods Sold $1,419,000 Interest Expense $ 288,000 Taxes $ 318,000 Revenue $2.984,000 SG&A Expenses $ 454,000 Depreciation $ 258,000Step by Step Solution
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