The management of a limited company wants to evaluate how their company has developed financially during...

  

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The management of a limited company wants to evaluate how their company has developed financially during the past financial year. Unfortunately, they do not have any further order on their financial records, so they give you a list of unsystematic information regarding the financial year. All amounts are in SEK thousand. Assume that all sales are subject to VAT and that the VAT tax rate is 25%. Customer payments Sales (excluding VAT) Impairment of fixed assets Cost of goods sold Personnel costs Paid for salaries during the year Incoming fixed assets Discontinued fixed assets Incoming accounts receivable Interest expense Incoming Equity Incoming bank loans Outgoing bank loans Taking out a new bank loan 1 290 1 847 160 395 450 215 120 330 575 30 120 500 475 100 Tax cost Rights issue VAT debt Share dividend This year's investments 185 30 8 @ 30 10 370 Question 8 (3 points) Based on the above information, the company management wishes you to state how large the company's reported accounts receivable should be at the end of the financial year. Answer in SEK thousand. Question 9 (3 points) How much is the total value of the company's repayments during the year? Answer in SEK thousand. Question 10 (2 points) What is the total amount debited to the account "accounts receivable" during the financial year? Answer in SEK thousand. Question 11 (2 points) What is the total amount debited to the "equity" account during the financial year? Answer in SEK thousand. The management of a limited company wants to evaluate how their company has developed financially during the past financial year. Unfortunately, they do not have any further order on their financial records, so they give you a list of unsystematic information regarding the financial year. All amounts are in SEK thousand. Assume that all sales are subject to VAT and that the VAT tax rate is 25%. Customer payments Sales (excluding VAT) Impairment of fixed assets Cost of goods sold Personnel costs Paid for salaries during the year Incoming fixed assets Discontinued fixed assets Incoming accounts receivable Interest expense Incoming Equity Incoming bank loans Outgoing bank loans Taking out a new bank loan 1 290 1 847 160 395 450 215 120 330 575 30 120 500 475 100 Tax cost Rights issue VAT debt Share dividend This year's investments 185 30 8 @ 30 10 370 Question 8 (3 points) Based on the above information, the company management wishes you to state how large the company's reported accounts receivable should be at the end of the financial year. Answer in SEK thousand. Question 9 (3 points) How much is the total value of the company's repayments during the year? Answer in SEK thousand. Question 10 (2 points) What is the total amount debited to the account "accounts receivable" during the financial year? Answer in SEK thousand. Question 11 (2 points) What is the total amount debited to the "equity" account during the financial year? Answer in SEK thousand.

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To assist with these questions we will need to analyze the financial information provided and use it to determine the requested amounts Lets tackle each question one by one Question 8 What is the comp... View the full answer