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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 RM169000,
The data below are based on the financial statements of Gomen Sdn Bhd for the year ended 31 December 2021. Creditors RM100000, Debtors RM169000, Short term investment RM30000. Cash and bank RM629000, Land, buildings and equiments RM580000. Sales RM1800000. Long-term Loan RM573000, Inventory RM50000, Owners Equity (1 Jan 2021) RM306000, Income Taxes RM 235000, Cost of sales RM546000, Selling and Administration Expenses RM350000, Research Development Expense RM93000. Interest Expense RM61000, Depreciation RM36000. Q1. Calculate GROSS PROFIT. Q2. Calculate NET PROFIT After Tax. Q3. Calculate the TOTAL ASSETS. Q4. Calculate the TOTAL LIABILITIES. Q6. Calculate DEBT RATIO. Q7. Calculate TOTAL ASSETS TURNOVER RATIO. Q8. Calculate QUICK RATIO. Format: 6348000 Format: 837000 Format: 7772000 Format: 877000 Format : 0.79 Format : 2.68 Format : 3.56
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Financial Accounting for Decision Makers
Authors: Peter Atrill, Eddie McLaney
6th Edition
273763451, 273763458, 978-0273763451
