R $ 59% D Sun 11:20 PM C Chegg.cox G dinding th x Alvaro G Task 1.pdf x story Bookmarks People Tab Window Help X Comfort X New Tab Why diver X pluginfile.php/1714564/mod_assign/intro/Task%201.pdf Basic Industries Income Statement for year ending 12/3120XX 356,428 105 200 Sales revenue Less cost of goods sold Gross margin Loss operating expenses Marketing Sales and administrative Depreciation Total operating expenses Operating income Les interest expense Income before times Income tax expense 30.000 30.000 10.000 70.000 181.228 175.228 40 000 135 228 Basic Industries Balance Sheet for 1201/2006 Current Assets $ 11,300.00 5 15.600.00 $ 79,300.00 Accounts receivable Total current Fundas Property, plant and equipment Accumulated depreciation S 80.000.00 1000 w er Equr Curro $ 5300.00 Deports from customers Total trans Long term mortgage Owner's Equity 5 64,000.00 Total Owners' Equity Totally and equities OOOO OMEBORG pho714564/mod assign/intro/Task%201.pdf DESPOTOM Total current liabilities Long term mortgage Total liabilities Owner's Equity Retained earnings Total Owners' Equity Total liability and equities $ 14,000.00 $ 50,000.00 $ 64,000.00 $ 85,300.00 $ 85,300.00 $149.300.00 G To see if he really understands what's going on, Gary asked Claude the following questions. Claude wered most of them correctly, can you? a. How much revenue did the business produce? b. What costs did the business have for financing? c. What can you turn into cash in one year? d. What did it cost to make your product? c. What is the value of everything the company own? How much profit did the company make? How much is the business worth to Claude? h. How much does the business need for its continuing operation? What debts will take longer than a year to pay? 1. Can this business be considered liguld? TOODE BBBEE11 CAT R $ 59% D Sun 11:20 PM C Chegg.cox G dinding th x Alvaro G Task 1.pdf x story Bookmarks People Tab Window Help X Comfort X New Tab Why diver X pluginfile.php/1714564/mod_assign/intro/Task%201.pdf Basic Industries Income Statement for year ending 12/3120XX 356,428 105 200 Sales revenue Less cost of goods sold Gross margin Loss operating expenses Marketing Sales and administrative Depreciation Total operating expenses Operating income Les interest expense Income before times Income tax expense 30.000 30.000 10.000 70.000 181.228 175.228 40 000 135 228 Basic Industries Balance Sheet for 1201/2006 Current Assets $ 11,300.00 5 15.600.00 $ 79,300.00 Accounts receivable Total current Fundas Property, plant and equipment Accumulated depreciation S 80.000.00 1000 w er Equr Curro $ 5300.00 Deports from customers Total trans Long term mortgage Owner's Equity 5 64,000.00 Total Owners' Equity Totally and equities OOOO OMEBORG pho714564/mod assign/intro/Task%201.pdf DESPOTOM Total current liabilities Long term mortgage Total liabilities Owner's Equity Retained earnings Total Owners' Equity Total liability and equities $ 14,000.00 $ 50,000.00 $ 64,000.00 $ 85,300.00 $ 85,300.00 $149.300.00 G To see if he really understands what's going on, Gary asked Claude the following questions. Claude wered most of them correctly, can you? a. How much revenue did the business produce? b. What costs did the business have for financing? c. What can you turn into cash in one year? d. What did it cost to make your product? c. What is the value of everything the company own? How much profit did the company make? How much is the business worth to Claude? h. How much does the business need for its continuing operation? What debts will take longer than a year to pay? 1. Can this business be considered liguld? TOODE BBBEE11 CAT
