2018 2019 Assets: Current assets Long-term investments Fixed assets (net) Intangible assets Total Assets P550,000 45% 10% 200,500 25% 30% 50,000 P1,211,500

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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2018
2019
Assets:
Current assets
45%
P550,000
10%
Long-term investments
Fixed assets (net)
Intangible assets
Total Assets
200,500
25%
30%
50,000
P1,211,500
Liabilities
Current liabilities
20%
Long-term liabilities
Total liabilities
P200,800
200,000.
P400,800
100,000
?
Owner's Equity
P869,200
60%
Total liabilities and equity
?
Transcribed Image Text:2018 2019 Assets: Current assets 45% P550,000 10% Long-term investments Fixed assets (net) Intangible assets Total Assets 200,500 25% 30% 50,000 P1,211,500 Liabilities Current liabilities 20% Long-term liabilities Total liabilities P200,800 200,000. P400,800 100,000 ? Owner's Equity P869,200 60% Total liabilities and equity ?
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