The data below are based on the financial statements of Gomen Sdn Bhd for the year...
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The data below are based on the financial statements of Gomen Sdn Bhd for the year ended 31 December 2021. Creditors RM100000, Debtors RM139000. Short term investment RM30000, Cash and bank RM-99000, Land, buildings and equiments RM630000, Sales RM1200000, Long-term Loan RM470000, Inventory RM50000, Owners Equity (1 Jan 2021) RM429000, Income Taxes RM 286000, Cost of sales RM599000, Selling and Administration Expenses RM380000. Research Development Expense RM95000, Interest Expense RM53000. Depreciation RM36000. Q1. Calculate GROSS PROFIT. Q2. Calculate NET PROFIT After Tax. Q3. Calculate the TOTAL ASSETS. Format: 902000 Format: -282000 Format: 550000 Q4. Calculate the TOTAL LIABILITIES. Format: 380000 Q6. Calculate DEBT RATIO. Format: 0.86 Q7. Calculate TOTAL ASSETS TURNOVER RATIO. Format: 7.4 Q8. Calculate QUICK RATIO. Format: 0.2 The data below are based on the financial statements of Gomen Sdn Bhd for the year ended 31 December 2021. Creditors RM100000, Debtors RM139000. Short term investment RM30000, Cash and bank RM-99000, Land, buildings and equiments RM630000, Sales RM1200000, Long-term Loan RM470000, Inventory RM50000, Owners Equity (1 Jan 2021) RM429000, Income Taxes RM 286000, Cost of sales RM599000, Selling and Administration Expenses RM380000. Research Development Expense RM95000, Interest Expense RM53000. Depreciation RM36000. Q1. Calculate GROSS PROFIT. Q2. Calculate NET PROFIT After Tax. Q3. Calculate the TOTAL ASSETS. Format: 902000 Format: -282000 Format: 550000 Q4. Calculate the TOTAL LIABILITIES. Format: 380000 Q6. Calculate DEBT RATIO. Format: 0.86 Q7. Calculate TOTAL ASSETS TURNOVER RATIO. Format: 7.4 Q8. Calculate QUICK RATIO. Format: 0.2
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