Question: Question 1 (7 marks) Allianze Ltd has the following data information as of 30 June 2022: Current assets of $ 6,970 Net fixed assets of

Question 1 (7 marks)

Allianze Ltd has the following data information as of 30 June 2022:

Current assets of $ 6,970

Net fixed assets of $18,700

Current liabilities of $4,570

Long term debts of $9,490.

Required:

Calculate shareholders equity and prepare a balance sheet for the company for the period

How much is net working capital of the company?

Calculate the return on assets of the company given the return on equity is 20% (2 marks)

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