Please help me AccountingEXHIBIT 1: INCOME STATEMENT, APRIL 1 TO MARCH 31 (IN THOUSANDS)SalesCashCreditTotal salesCost of goods soldGross profitOperating expenses:General, administration, and selling expensesDepreciationInterest expenses (on borrowings)Profit before tax (PBT)Tax @ 30%Profit after tax (PAT)AssetsFixed assets (net of depreciation)Current assetsCash and cash equivalentsAccounts receivableInventoriesTotalEquity & LiabilitiesEquity share capital (shares of10 each)Reserve & surplusLong-term borrowingsCurrent liabilitiesTotal2012-13EXHIBIT 2: BALANCE SHEET (IN THOUSANDS)2012-131,900403003202,5601,2003647362602001,8002,0001,2407602,56080100605201563642013-144804,3204,8002,8321,9682013-142,5001001,5001,5005,6004504001589602886721,6001,0361,2361,7285,6002014-158007,2008,0004,8003,200Prepare and analyze the Common SizeStatement of the Company.1,0006603401,2003608402014-154,7001062,1002,2509,1562,0001,8762,5002,7809,156Prepare and analyze the Cash Flow Statementof the company.Compute and analyze the trend analysis of theCompany.

A trend analysis is made by the company so that the insights and flows can be determined by the…

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Prepare and analyze the Cash Flow Statement of the company. Prepare and analyze the Common Size Statement of the Company. Compute and analyze the trend analysis of the Company.

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter22: End-of-fiscal-period Work For A Corporation

Section: Chapter Questions

Problem 2AP

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Question

Please help me

Accounting
EXHIBIT 1: INCOME STATEMENT, APRIL 1 TO MARCH 31 (IN THOUSANDS)
Sales
Cash
Credit
Total sales
Cost of goods sold
Gross profit
Operating expenses:
General, administration, and selling expenses
Depreciation
Interest expenses (on borrowings)
Profit before tax (PBT)
Tax @ 30%
Profit after tax (PAT)
Assets
Fixed assets (net of depreciation)
Current assets
Cash and cash equivalents
Accounts receivable
Inventories
Total
Equity & Liabilities
Equity share capital (shares of
10 each)
Reserve & surplus
Long-term borrowings
Current liabilities
Total
2012-13
EXHIBIT 2: BALANCE SHEET (IN THOUSANDS)
2012-13
1,900
40
300
320
2,560
1,200
364
736
260
200
1,800
2,000
1,240
760
2,560
80
100
60
520
156
364
2013-14
480
4,320
4,800
2,832
1,968
2013-14
2,500
100
1,500
1,500
5,600
450
400
158
960
288
672
1,600
1,036
1,236
1,728
5,600
2014-15
800
7,200
8,000
4,800
3,200
Prepare and analyze the Common Size
Statement of the Company.
1,000
660
340
1,200
360
840
2014-15
4,700
106
2,100
2,250
9,156
2,000
1,876
2,500
2,780
9,156
Prepare and analyze the Cash Flow Statement
of the company.
Compute and analyze the trend analysis of the
Company.

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