Liabilities OMR Assets OMR Equity share capital Accounts Payable Reserves and surplus Bills payable Long term borrowings Outstanding Salaries Loan from Bank Furniture 27,800 1,550 4,000 Cash in hand 4,500 2,550 Bills receivables 3,750 9,000 950 Land 6,520 Marketable securities 850 Cash in bank 5,250 6,600 850 Preference share capital Bank overdraft Tax outstanding 3,450 5,265 825 Building Prepaid expenses Cars & Trucks 850 3,350 590 Account Receivables 1,150 Inventory Income earned but not 2,150 430 received Machinery Equipment 6,250 2,220 Total 50,350 Total 50,350 Other information Particulars OMR Sales Cost of goods sold Administration expenses Selling & Distribution exp. Interest received Rent Received Commission received 330,000 155,000 33,000 44,000 12,200 2,000 1,750
Liabilities OMR Assets OMR Equity share capital Accounts Payable Reserves and surplus Bills payable Long term borrowings Outstanding Salaries Loan from Bank Furniture 27,800 1,550 4,000 Cash in hand 4,500 2,550 Bills receivables 3,750 9,000 950 Land 6,520 Marketable securities 850 Cash in bank 5,250 6,600 850 Preference share capital Bank overdraft Tax outstanding 3,450 5,265 825 Building Prepaid expenses Cars & Trucks 850 3,350 590 Account Receivables 1,150 Inventory Income earned but not 2,150 430 received Machinery Equipment 6,250 2,220 Total 50,350 Total 50,350 Other information Particulars OMR Sales Cost of goods sold Administration expenses Selling & Distribution exp. Interest received Rent Received Commission received 330,000 155,000 33,000 44,000 12,200 2,000 1,750
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 4Q: Lizzys is a retail clothing store, specializing in formal wear for weddings. They purchase their...
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L |
Return on Equity |
M |
Gross Profit & Net Profit Margin |
N |
Give a brief report on the financial position of the company based on the above figures. |
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