Question: please do from 25 to 29. Thanks! (A) $9.348 Depreciation 2,818 12,074 (B) $6959 (C) $5,119 38,521 Wages and salaries 31,740 General expenses 4,150 (D)

please do from 25 to 29. Thanks! (A) $9.348 Depreciation 2,818 12,074please do from 25 to 29. Thanks!

(A) $9.348 Depreciation 2,818 12,074 (B) $6959 (C) $5,119 38,521 Wages and salaries 31,740 General expenses 4,150 (D) $4.229 49,277 38,708 23,937 99,872 24,117 Net profit (20) State the balance of the bank reconciliation statement (A) $6.999 Statements of financial position Non-current assets (B) $11.410 (C) $6,559 Equipment at cost 6,650 120,740 (D) $82,327 Less depreciation (1,630) (63,020) 5,020 57,720 Current assets You are to study the following financial statements for two furniture stores and then answer the questions which follow Inventory 2,400 17.750 Financial Statements Accounts receivable 11,820 23,765 4.654 Bank A 11,529 $ $ $ 157,165 B S 255.996 Income statements Sales Less cost of sales 18,874 23,894 Total assets 53,044 110,764 Opening inventory 4,120 15,654 Capital Net profit 11.400 23,937 35,337 83,887 24,117 108,004 Purchases 92,800 134. 103 Drawings 96,920 149,757 (17,100) 18,237 (18,440) 89,564 closing inventory (2,400) (17.750 Current Liabilities Accounts payable 5,657 23,894 21,200 110,764 (132,007) 123.989 (94.520) Gross profit 62,645 25. Calculate the return on capital employed (ROCE) for company A (A) 231% (B) 131% (C) 66.7% (D) 27.0% 26. Calculate the acid test ratio of company A (A) 144 (B) 1.14 (C) 2.91 (D) 1.66 27. Calculate the accounts receivable days ratio of company A (A) 27 days (B) 28 days (C) 34 days (D) 35 Lay 28 Calculate the working capital of company A (A) $31,844 (B) $104,000 (C) $64,000 (D) $13,217 29. Calculate the accounts payable days ratio of company A

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!