Question: From this, answer the questions below, quickly please CONSOLIDATED STATEMENT OF FINANCIAL POSITION as at 31 December 2020 Bahraini Dinars Note 2020 2019 ASSETS 4,853,907

From this, answer the questions below, quickly please

 From this, answer the questions below, quickly please CONSOLIDATED STATEMENT OF
FINANCIAL POSITION as at 31 December 2020 Bahraini Dinars Note 2020 2019
ASSETS 4,853,907 4,421,021 1,972,360 1,975,850 Noncurrent Assets Equity investment securities Debt investment
securities Investment properties Right-of-use assets Property, plant and equipment 2,711,052 2,848,733 1,692,304
1,766,482 5,058,355 5,105,845 Total non-current assets Current Assets 6,067,666 Cash and bank

CONSOLIDATED STATEMENT OF FINANCIAL POSITION as at 31 December 2020 Bahraini Dinars Note 2020 2019 ASSETS 4,853,907 4,421,021 1,972,360 1,975,850 Noncurrent Assets Equity investment securities Debt investment securities Investment properties Right-of-use assets Property, plant and equipment 2,711,052 2,848,733 1,692,304 1,766,482 5,058,355 5,105,845 Total non-current assets Current Assets 6,067,666 Cash and bank balances Bank deposits 1,793,393 15,549,550 8,498,355 Trade receivables 889,006 1,879,127 Due from contract customers 267,560 2,058,139 Inventories 443,679 469,604 Other assets 515,231 476,215 Total current assets Total assets EQUITY AND LIABILITIES Equity Share capital 1,980,000 Reserves 1,980,000 5,470,630 24,174,153 4,960,866 Retained earnings 23,840,998 Total equity 31,624,783 30,781,864 Liabilities Lease liabilities 1,641,912 1,681,050 Employees' benefits 668,106 684,142 Total non-current liabilities Trade payables 352,795 869,010 Lease liabilities 15 a 1,458,801 1,550,971 Total current liabilities Total liabilities Total equity and liabilities The consolidated financial statements were approved by the Board of Directors on 24 February 2021 and signed on its behalf by: 67899 9b 9 a 450612 16 b 11 13 15 b 14 These financial statements have bee modified for academic and examination purposes The Bahrain Ship Repairing and Engineering Company BSC 12 CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME for the year ended 31 December 2020 Bahraini Dinars Note 2020 2019 REVENUE 16 5,106,993 Revenue from contract with customers Interest income 8,333,591 442,330 465,330 250,700 233,015 Dividend income Other income 17 414,600 484,189 Total revenue EXPENSES Staff cost 1,556,533 1,789,181 Materials cost 862,512 1,252,069 18 1,077,717 1,924,236 Subcontract and overhead cost Depreciation and amortization 611,080 575,420 19 620,384 811,929 Other operating expenses Interest expenses - leased property 86,364 88,180 Total expenses Profit for the year QUESTION 6 How much is interest revenues in 2020? 693 thousand BD O 442 thousand BD O 465 thousand BD O698 thousand BD QUESTION 7 How much is total expenses in 2020? O 6.441 thousand BD O4.815 million BD O4.815 thousand BD O6.441 million BD * Question Completion Status: QUESTION 8 What type of income statement is used by the company? O Expenses based income statement Multiple step income statement Revenue based income statement Single step income statement QUESTION 9 If the reader of the financial statement wants more information about subcontract and overhead costs, which note should they refer to? O Note 18 O Note 19 O There is no specific note for this item O Note 17 QUESTION 10 Assume that Cost of goods sold for The Bahrain Ship Repairing and Engineering company for the year 2020 was 2.5 million BD. Calculate its gross profit for 2020. O 3.715 million BD 5.834 million BD 7.016 million BD O 2.606 million BD

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