Table 1: Revenue and expense information for the year 2017 and balance sheet items 31 December 2017 Cash Net fixed assets Interest paid Creditors Debtors Accumulated retained profit - end of 2017 Costs of goods sold Sales revenue Short-term loans Overdraft balance Expenses Share capital Dividends paid Long-term liabilities Stock of toy parts $1000 $27000 $250 $4000 $3500 $10000 $7500 $27250 $1500 $2000 $7000 $13500 $2500 $5000 $4500

Table 1: Revenue and expense information for the year 2017 and balance sheet items 31 December 2017 Cash Net fixed assets Interest paid Creditors Debtors Accumulated retained profit - end of 2017 Costs of goods sold Sales revenue Short-term loans Overdraft balance Expenses Share capital Dividends paid Long-term liabilities Stock of toy parts $1000 $27000 $250 $4000 $3500 $10000 $7500 $27250 $1500 $2000 $7000 $13500 $2500 $5000 $4500

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter13: Financial Statement Analysis

Section: Chapter Questions

Problem 13.8E

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Computing rate of return on total assets Barot’s 2018 financial statements reported the following items—with 2017 figures given for comparison: Net income for 2018 was $3,910, and interest expense was $240. Compute Barot’s rate of return on total assets for 2018. (Round to the nearest percent.)
Ratios For Amazon.com, Inc. (AMZN) 2018 2019 Current Ratio Acid test Ratio Ave. Days Collection Total Debt to Total Assets Return on Equity Asset Turnover Profit Margin on net Sales Inventory Turnover***
Balance Sheet as at As at 30/9/16 As at 30/9/15 $ $ Assets Current assets- Cash 8,200 9,400 Accounts Receivable 107,000 103,500 Inventory 82,700 71,300 Non-current assets less accumulated depreciation 242,600 245,700 Total assets 440,500 429,900 Liabilities and Owners' equity Current liabilities 117,000 120,000 Loan (repayable in 2019) 152,000 150,000 Total liabilities 269,000 270,000 Owners' equity 171,500 159,900 Total Liabilities and Owners' equity 440,500 429,900 Summarised Income Statement of Bishan Enterprise for the year ended 30 September 2016 $ Sales 990,000 Cost of goods sold 580,000 Gross profit 410,000 Operating expenses 350,000 Net profit 60,000 · Note - The owner withdrew $48,400 during 2016. Required: Calculate…
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swer questions Income Statement Items 2019 2016 (000'Rands) (000'Rands) Sales Depreciation and ammortisation Interest expense Operating expense Gross Profit Margin 000 480 40% %0% Tax rate 30% 30% 2019 2016 Balance Sheet (000'Rands) (000'Rands) Accounts Payable 1,500 Accounts Receivable Accumulated /Retained Profits to 00 to 00 Cash to 00 0o 00 to 00 to 00 0o 00 Inventory Long term loans Ordinary Shares Property, Plant and Equipment Short term loans to 00 0o 00 00 00
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owing income statement accounts in the popup window, E t for the year. ow for the year. Data Table nt for the year. at below. (Round to the nearest dollar. (Click on the following icon in order to copy its contents into a spreadsheet.) ncome Statement Income Statement Accounts for the Year Ending 2017 Balance nding December 31, 2017 Account Cost of goods sold Interest expense Taxes Revenue Selling, general, and administrative expenses Depreciation $341,000 $75,000 59,600 S743,000 $62,000 $116,000 Print Done %24 %24 %24