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QUESTION 1). The data of ZME Ltd.ti, which is engaged in machinery manufacturing, is as follows; Current Ratio: 2.5 Gross Margin: 40% Collection Period
QUESTION 1). The data of ZME Ltd.ti, which is engaged in machinery manufacturing, is as follows; Current Ratio: 2.5 Gross Margin: 40% Collection Period of Receivables: 90 days Return on Equity: 26.7% Stock Turnover Rate: 5 Debt Total: 2.250.000 TL In line with these data, fill in the relevant fields in the Balance Sheet and Income Statement of ZME Ltd.ti., whose production and sales are assumed to be regular within a year? Balance Sheet of ZME Ltd.ti dated 31.12.2021 (.000 TL) D CURRENT ASSETS. Ready Values Receivables Stocks FIXED ASSETS (NET). TOTAL LIABILITIES. 500 SHORT TERM LIABILITIES. Vendors 400 Bank Loans Taxes and Funds Payable LONG TERM LIABILITIES EQUITY TOTAL ASSETS. 200 3.750 Income Statement of ZME Ltd.ti dated 31.12.2021 (.000 TL) Sales 8,000 SMM(-) Gross profit Operating expenses(-) Interest Expenses(-) 400 Pre-tax profit Tax (-) (20%) Net Profit
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