Question
The company has rented an office space in Seattle at $ 3,200 per month. The company produces beer and sales price varies depending on the
The company has rented an office space in Seattle at $ 3,200 per month. The company produces beer and sales price varies depending on the sales channel, between 2.03 $ - 3.12 $ per gallon. Raw material costs are around 0.84 $ per gallon.
Here's the financial year 1.1.2019 - 31.12.2019. At the beginning, the company has 200,000 gallons of raw material in stock. It can be assumed that 1 gallon of raw material can produce 1 gallon of beer. In the finished goods warehouse, 150,000 gallons of beer are expected to be sold. The opening balance sheet for the financial year (1.1.2019):
Assets (per thousand $)
Permanent assets
- Fixed assets 15000
Changing assets
- Raw material storage 168
- Warehouse inventory 126
- Trade receivables 240
- Cash and Bank Receivables 121
Liabilities (per thousand $)
Own capital
- Share capital 9671
- Accumulated result 0
- Profit for the financial year 0
Liabilities
- Long-term loans 5100
- Loans due 800
- Trade payables 84
at a price of 0.84 $ per gallon. The company produces 10 million gallons of beer during the financial year, and succeeds in selling 9,9 million gallons of beer, average sales price $ 2.4 per gallon. Other operating expenses total $ 11.02 million, of which the company's personnel expenses are $ 4,488 million and marketing expenses are $ 2,244,000. At the end of the financial year, the company has $ 268,800 in trade receivables and trade payables of $ 91,560. The company will repay the maturing loans at the end of the financial year, and getting a new loan of $ 650,000. The loan maturing in the next financial year totals $ 600,000. Financiers charge an average interest rate of 6% on the loan principal. The interest rate level also corresponds to the expected return on debt, while the expected return on equity is 12%. Depreciation for the financial year is $ 750,000 and the company will invest $ 1,2 million in new production equipment during the financial year. During the financial year, the company pays 1,765,800 $ in dividends to its owners. The share capital does not change during the financial year. Prices do not include VAT, corporate tax being 20%.
What is the company's inventory in the opening balance sheet?
What are the company's financial assets in the opening balance sheet?
What is the working capital of a company in the opening balance sheet?
Calculate the turnover for the financial year.
Calculate the gross margin for the financial year.
Calculate EBITDA for the financial year.
Calculate the operating profit (EBIT) for the financial year.
Calculate the result before taxes (EBT) for the financial year.
Calculate the net result for the financial year.
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