Please make solve part (g to i ) classipiedDuving theyear 2017, the (ompanyof9900,000a of $900, 000gross piopit$1:500,0000. AccountsReceivable inventory and plant assetsremauned rebitively Constant duningthe year Fuom this inpormationcompute the Dalaving:-on Sales ofDellau@Current RaTioAcid Test RatioDebt Ratio2 Eggui ty RatioAccounts Receivable Turn overInventory tusn overOODays in Operating CycleBook Value Share.perNet Credit Sales for the year is$1500,000 and Costfor the year is $900,000f goodsOReqNitied:-Prepare aSheet in good orm Yoy Computingmissing values-classipied balance QAnalysisof Financial Statement:.The Balance SheetofDecent Limiledon December 131, 2017Assets$60,000CashMarketable SecuritiesAccount seceivableMerchandise inventoryLandOFFICE equiment (Net)90,000150,000100,000250,000350,000Total Assets$1,000,000EquitesNoles payableReat payableAccounts payableBonds payableShare Capital ($10)Share premiumRetained EarningsGeneral Reservě9 90,00060,000So,000100,000400,000100,000150,00050,000Total Equities$1,000,000

g) Days in Operating Cycle : Days in Operating cycle = Inventory Period + Accounts Receivable…

Dusing eained a gross popie on Sales o $1:500,0000. Accounts Receivable inventory and plant assets venouined rebitively Conitant duning the year Cempute the pellaving:- the year of $900, b00 to Fnom this inpornation

Dusing eained a gross popie on Sales o $1:500,0000. Accounts Receivable inventory and plant assets venouined rebitively Conitant duning the year Cempute the pellaving:- the year of $900, b00 to Fnom this inpornation

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 4PB

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JUBILEE’s trial balance from the general ledger at 31 December 2012 showed the following balances:GH¢’mGH¢’mRevenue 2,648Loan note interest paid3Purchases1,669Distribution costs514Administrative expenses345Interim dividend paid6Inventories at 1 January 2012444Trade receivables545Trade payables434Cash and cash equivalents2850Gp ordinary shares100Capital surplus814Retained earnings at 1 January 20123494% loan note repayable 2018 (issued 2010)150Land and buildings: Cost (including GH¢60m land) 380 Accumulated depreciation at 1/1/201264Plant and equipment: Cost 258 Accumulated depreciation at 1/1/2012126Investment property at 1 January 2012548Rental income48Proceeds from sale of equipment7,4,7404,740Further information to be taken into account:i. Closing inventories were counted and amounted to GH¢388m at cost. However, shortly after the year end out-of-date inventories with a cost of GH15m were sold for GH¢8m.ii. The company decided to change its accounting policy with respect to its 10…