Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Megana Set Dec 2013 and 200 2010 Account receivable Inwenton Cums Land Bung and equoret 2010 RM 10 000 32.000 91000 124 000 52.000 200
Megana Set Dec 2013 and 200 2010 Account receivable Inwenton Cums Land Bung and equoret 2010 RM 10 000 32.000 91000 124 000 52.000 200 TOTAL ASSES Acept IN Currenti Long term 20 000 42.000 100 000 12000 2.000 200 000 (TL00) 14.NO 14.000 190.000 154 000 50 000 3,000 71.000 348.000 66000 4000 132.000 45 000 9000 32.100 TOTAL LIABILITIES & EQUITY 300.000 Statement of Comprehensive Income for the year ended 31-December 2019 and 2020 2020 2019 (RM) (RM) Sales 350.000 320,000 c) Cost of goods sold 190.000 192.000 Gross profit 160,000 128.000 - Operating expenses 74.000 74,000 Depreciation 20.000 20.000 Earning before interest & taxes 66,000 34,000 Interest expenses 12.200 12 200 Taxes 10.900 10.900 Net profit 42.900 10.900 Using the above statements, complete the following table showing the calculation method 2020 2019 Current ratio Quick ratio Average collection period Inventory turnover Debt ratio Time interest earned ratio Gross profit margin Net profit margin Return on asset Return on equity Megana Set Dec 2013 and 200 2010 Account receivable Inwenton Cums Land Bung and equoret 2010 RM 10 000 32.000 91000 124 000 52.000 200 TOTAL ASSES Acept IN Currenti Long term 20 000 42.000 100 000 12000 2.000 200 000 (TL00) 14.NO 14.000 190.000 154 000 50 000 3,000 71.000 348.000 66000 4000 132.000 45 000 9000 32.100 TOTAL LIABILITIES & EQUITY 300.000 Statement of Comprehensive Income for the year ended 31-December 2019 and 2020 2020 2019 (RM) (RM) Sales 350.000 320,000 c) Cost of goods sold 190.000 192.000 Gross profit 160,000 128.000 - Operating expenses 74.000 74,000 Depreciation 20.000 20.000 Earning before interest & taxes 66,000 34,000 Interest expenses 12.200 12 200 Taxes 10.900 10.900 Net profit 42.900 10.900 Using the above statements, complete the following table showing the calculation method 2020 2019 Current ratio Quick ratio Average collection period Inventory turnover Debt ratio Time interest earned ratio Gross profit margin Net profit margin Return on asset Return on equity
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started