Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The question is a) explain whether it is profitable business b) comment on the value of the business if somebody wants to buy it c)

image text in transcribed

The question is a) explain whether it is profitable business b) comment on the value of the business if somebody wants to buy it c) comment on the efficiency situation of the company
Question ! ABC Tradig Sdn Bhd, who sells printing machines, has the following financial statement for years 2017 and 2018 Revenue Statement 2017 2,000,000 400,000 1.600,000 2018 2,500,000 750,000 1.750,000 Sales less Cost of Sales Gross Profit less: Expenses Salaries Maintenance under warranty Transport Advertisement Utilities Insurance Rental Other expenses 480.000 30.000 25.000 30,000 60.000 10,000 60.000 15.000 600.000 70.000 27.000 50,000 80.000 10.000 120.000 15.000 710,000 890,000 972.000 778,000 Net Profit Balance Sheet 2.017 2.018 Fixed Assets Motor Vehicles Furniture Machinery & Equipments 400,000 100,000 1.250,000 1.750,000 400,000 100,000 1.250,000 1,750,000 Current Assets Stocks Debtors Cash at Bank 250.000 400.000 500.000 250.000 800.000 898 000 1,150,000 1,948,000 Current Liabilities Bank Overdraft Creditos 150.000 250.000 100.000 320.000 400,000 420,000 Long Term Liabilities Bank Loan 2.500,000 3.278,000 Represented By Share Capital Retained Profits 1,000,000 1.500,000 2.500,000 1,000,000 2.278,000 3.278,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Exploring Public Relations Global Strategic Communication

Authors: Ralph Tench, Liz Yeomans

4th Edition

1292112182, 9781292112183

More Books

Students also viewed these Accounting questions

Question

List the major prohibitions of the Canadian Human Rights Act .

Answered: 1 week ago