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please give answer to this with using formula ohk ohk I wil send clear images wait then please ans.it Martin Co. Martin Co. Income Statement
please give answer to this with using formula
ohk ohk I wil send clear images wait then please ans.it
Martin Co. Martin Co. Income Statement Balance Sheet For Period Ending Dec. 31, 2021 As at Dec. 31, 2021 (\$) (\$) Liabilities: Assets: Current Liabilities Revenue $3,50,000 Current Assets Cur.Pay $17,000 Cash $15,000 Trade Rec. $35,000 \begin{tabular}{lc} ST Loan & $30,000 \\ DebtDue & $5,000 \\ \cline { 2 } Total CL & $52,000 \end{tabular} RM $1,75,000 Pre Paid E>$5,000 InventoryTotalCA$50,000$1,05,000 Long Term Liabilities Gross Margin $1,73,000 Long Term Assets Total Liabilities Property a $1,70,000 Owner's Equity Operating Expenses: Acc.Depn. $38,000 Net Propes $1,32,000 Share Cap. $1,00,000 Salessal. $80,000 Ret. Earn. $25,000 Advert. $3,000 Total Assets $2,37,000 Total OE $1,25,000 Travel $2,000 Deprectn. $38,000 Total Liab+Oequity $2,37,000 Total OE $1,25,000 Operating Margin (In $48,000 Q 1 Based on the above Balance Sheet Interest E $10,000 questions Module 2 Solution module 3 questions module 3 solution module 5 (t) Q1 Based on the aliove Batane Sheer What is the companth exper led cuerent As What is the company' Net Piopery and ilid Q2. Acrount flereivable Averafte Daily 5ates * Average collertion Period Q2. Part, What is the Cufrent Averate Arcounts Perelvable for 2021 ? Q2 Paft if What is the curtent Average Accasets fier eivatide for 2001 z Collertion Period 76.5 daya If Collection Period fieduced to iodaya? Q 2 - Part, What is the Current Average Accounts Receivable for 2021 ? Q 2 - Part B What is the Current Average Accounts Receivable for 2021 ? Collection Period - 36.5 days if Collection Period Reduced to 30 days? Inventory Turns = Cost of Goods Sold/ Inventory Level Q3-Part he Inventory Turns for 2021 ? Q3 - Part B What is the Inventory Level if we increase turns to 6 ? Q 3 thivention turas = Cost of Goeds Sold/ inventory Level Q3 Part 7 What ale the linventony Tums for 2021 ? a) - Part B What is the inventory Level if we increase turns to 6 ? Martin Co. Martin Co. Income Statement Balance Sheet For Period Ending Dec. 31, 2021 As at Dec. 31, 2021 (\$) (\$) Liabilities: Assets: Current Liabilities Revenue $3,50,000 Current Assets Cur.Pay $17,000 Cash $15,000 Trade Rec. $35,000 \begin{tabular}{lc} ST Loan & $30,000 \\ DebtDue & $5,000 \\ \cline { 2 } Total CL & $52,000 \end{tabular} RM $1,75,000 Pre Paid E>$5,000 InventoryTotalCA$50,000$1,05,000 Long Term Liabilities Gross Margin $1,73,000 Long Term Assets Total Liabilities Property a $1,70,000 Owner's Equity Operating Expenses: Acc.Depn. $38,000 Net Propes $1,32,000 Share Cap. $1,00,000 Salessal. $80,000 Ret. Earn. $25,000 Advert. $3,000 Total Assets $2,37,000 Total OE $1,25,000 Travel $2,000 Deprectn. $38,000 Total Liab+Oequity $2,37,000 Total OE $1,25,000 Operating Margin (In $48,000 Q 1 Based on the above Balance Sheet Interest E $10,000 questions Module 2 Solution module 3 questions module 3 solution module 5 (t) Q1 Based on the aliove Batane Sheer What is the companth exper led cuerent As What is the company' Net Piopery and ilid Q2. Acrount flereivable Averafte Daily 5ates * Average collertion Period Q2. Part, What is the Cufrent Averate Arcounts Perelvable for 2021 ? Q2 Paft if What is the curtent Average Accasets fier eivatide for 2001 z Collertion Period 76.5 daya If Collection Period fieduced to iodaya? Q 2 - Part, What is the Current Average Accounts Receivable for 2021 ? Q 2 - Part B What is the Current Average Accounts Receivable for 2021 ? Collection Period - 36.5 days if Collection Period Reduced to 30 days? Inventory Turns = Cost of Goods Sold/ Inventory Level Q3-Part he Inventory Turns for 2021 ? Q3 - Part B What is the Inventory Level if we increase turns to 6 ? Q 3 thivention turas = Cost of Goeds Sold/ inventory Level Q3 Part 7 What ale the linventony Tums for 2021 ? a) - Part B What is the inventory Level if we increase turns to 6Step by Step Solution
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