1. Following information is available for the year 2019 and 2020 of XYZ SAOG. You arerequired to prepare Statement of comprehensive income and Statement of financial position.20192020Net finance charges3251622334Taxation expense818918545790Sales4163821242845900Cost of sales2767247826212660Other income1001286826020Legal reserve1277732212415734Retained earnings37429205228032Fair value reserve243514-65174Salaries and other employee related costs45548884278172Unrealized gain on Fair value changes on available for saleinvestments3086882264658Property, plant and equipment3541101438329456Available for sale investments – Long term31881163150452Non-current portion of held-to-maturity investments38587785804256Other Investments1540800Accounts and other payables56075146086376Taxation payable668454755446Current portion of held-to-maturity investments109306346000000Inventories103345028507048Accounts and other receivables1842029814737064General and administration11018161126436Selling and distribution48429962698440Bank balances and cash27117827943244Share capital5924273659242736Employees' end of service benefits17296641593448Deferred tax liability816060621030Non-current portion of staff incentive13469226940

Income Statement The purpose of preparing the income statement to know the net income which are…

Answered: 2019 2020 Net finance charges 32516…

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 15E

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Solve for the following with provided solution: for reference: https://www.bartleby.com/questions-and-answers/income-statement-just-stuff-inc.-for-the-years-ended-dec.-31-2019-and-2020-2019-2020-sales-revenue-p/935f7cfa-fccf-4e0b-b22f-0cb98b1eb001
find P/E Ratio 2019. i attached balance sheet and income statement
Ratio Analysis Rising Stars Academy provided the following information on its 2019 balance sheet and state mcnt of cash flows: Long-term debt S 4,400 Interest expense S 398 Total liabilities 8,972 Net income 559 Total assets 38,775 Interest payments 432 Total equity 29,803 Cash flows from operations 1.015 Operating income 1.223 Income tax expenses 266 Income taxes paid 150 Required: Calculate the following ratios for Rising Stars: (a) debt to equity, (b) debt to total assets, (c) long-term debt to equity, (d) times interest earned (accrual basis), and (e) times interest earned (cash basis). (Note: Round answers to three decimal places.) CONCEPTUAL CONNECTION Interpret these results. 3.What does it mean if a bond is callable
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Income statement for the 31.08.2020
HIC GROUP OF Companies COMPARATIVE INCOME STATEMENT For years ended 3rd December 2019 2020 Revenue and gains Sales revenue 495,500 496,738.75 Interest revenue 278,500 279,196.25 Investment Income 71,700 71,879.25 Other revenue 101,500 101,753.75 Total revenue and gains 947,200 949,968 Expenses and losses Cost of good sold 450,000 447,750 Selling&administrative 185,000 184,075 Computer (operating) 42,500 42,288…
HIC GROUP OF Companies COMPARATIVE INCOME STATEMENT For years ended 3rd December 2019 2020 Revenue and gains Sales revenue 495,500 496,738.75 Interest revenue 278,500 279,196.25 Investment Income 71,700 71,879.25 Other revenue 101,500 101,753.75 Total revenue and gains 947,200 949,968 Expenses and losses Cost of good sold 450,000 447,750 Selling&administrative 185,000 184,075 Computer (operating) 42,500 42,288 Depreciation 50,000…
Upon the study of the SFP For the year ended December 31, 2020. Q1. What is the total amount of sales during 2020? Q2. What is the total amount of purchases during 2020? Q3. What is the total depreciation for 2020? Q4. What is the total interest expense for 2020? Q5. What is the total net income during 2020?
Prepare a multiple income statement fro 2019

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