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
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: a) Calculate shareholders' equity and prepare a balance sheet for the company for the period. (4 marks) ANSWER: "Answer box will enlarge as you tvoe b) How much is net working capital of the company? (1 mark) ANSWER: * Answer box will enlarge as you tvoe c) Calculate the return on assets of the company given the return on equity is 20% ( 2 marks) ANSWER C)
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