Turnover Gross Profit Extracts from Julie's accounts are shown below Ye-Dec-24 Ye-Dec-23 18,500 16,000 Expenses 4,500 4,000 Less Interest Operating Profit 2,400 1,500 3,000 1,600 Less Taxation 500 700 200 Profit for Year 400 1,900 900 Non-current assets Inventory 19,600 16,400 Trade Receivables Cash at Bank 840 2,790 640 1,890 Total Assets Trade Payables Taxation Net assets Shareholder funds Debentures (2030) Notes Annual depreciation charges were £3,000. No asset disposals arose during the year. No dividends were paid during the year. Required: a) Prepare Julie's indirect cashflow statement for Ye-Dec-24. b) Calculate for Ye-Dec-24:- 1) Gross Profit Margin 2) Operating Profit Margin 3) Return to shareholders 4) Return to debtholders 450 350 23,680 19,280 830 570 340 460 22,510 18,250 15,510 13,250 7,000 5,000 22,510 18,250

Use the below information to answer the following questions:     20202021Sales$11,573$12,936Depreciation    1661     1736Cost of goods sold    3979     4707Other Expenses      846       924Interest Expense       776       926Cash     6067     6466Accounts Receivables     8034     9427Short-term Notes Payable     1171     1147Long-term debt    20,320    24,696Net fixed assets    50,888    54,273Accounts Payable       4384       4644Tax rate       26%       34%Inventory      14,283    15,288Payout ratio        33%       30%                   A.    Create the Income Statements for 2020 and 2021 (including dividends paid and retained earnings).

Use the below information to answer the following questions:     20202021Sales$11,573$12,936Depreciation    1661     1736Cost of goods sold    3979     4707Other Expenses      846       924Interest Expense       776       926Cash     6067     6466Accounts Receivables     8034     9427Short-term Notes Payable     1171     1147Long-term debt    20,320    24,696Net fixed assets    50,888    54,273Accounts Payable       4384       4644Tax rate       26%       34%Inventory      14,283    15,288Payout ratio        33%       30%                       A.    Create the Balance Sheets for 2020 & 2021.

The accounting records of Nettle Distribution show the following assets and liabilities as of December 31,2018 and 2019.December 31 2018 2019Cash . . . . . . . . . . . . . . . . . . . . . . . . $ 64,300 $ 15,640Accounts receivable . . . . . . . . . . . 26,240 19,100Office supplies . . . . . . . . . . . . . . . . 3,160 1,960Office equipment . . . . . . . . . . . . . . 44,000 44,000Trucks . . . . . . . . . . . . . . . . . . . . . . . 148,000 157,000December 31 2018 2019Building . . . . . . . . . . . . . . . . . . . . . $ 0 $80,000Land . . . . . . . . . . . . . . . . . . . . . . . . 0 60,000Accounts payable . . . . . . . . . . . . . 3,500 33,500Note payable . . . . . . . . . . . . . . . . . 0 40,000Required1. Prepare balance sheets for the business as of December 31, 2018 and 2019. Hint: Report only total equityon the balance sheet and remember that total equity equals the difference between assets and liabilities.2. Compute net income for 2019 by comparing total equity amounts for these…