Question: Show working step by step Follow the given format The data below are based on the financial statements of JJ Sdn Bhd for the year

*Show working step by step *Follow the given format The data

*Show working step by step *Follow the given format

The data below are based on the financial statements of JJ Sdn Bhd for the year ended 31 December 2019, Accounts and Notes Payable RM 100000, Accounts receivable RM1 76000. Prepaid insurance RM30000. Cash and cash equivalents RM287000. LandBuildings and Machines RM850000, Sales RM1400000 . Long-term Loan RM585000. Inventory RM50000. Total Owners Equity (1 Jan 2019) RM571000. Income Taxes RM 241000, Cost of sales RM508000, Selling and Administration Expenses RM360000. Research Development Expense RM86000, Interest Expense RM32000 Depreciation RM36000 Q1. Calculate GROSS PROFIT. Q2. Calculate NET PROFIT After Tax. Q3. Calculate the TOTAL ASSETS. Q4. Calculate the TOTAL LIABILITIES. Q6. Calculate DEBT RATIO. Q7. Calculate TOTAL ASSETS TURNOVER RATIO. Q8. Calculate QUICK RATIO. Format: 779000 Format: 794000 Format : 4783000 Format : 557000 Format : 0.83 Format : 9.09 Format: 3.26

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!

*Show working step by step *Follow the given format Format: 780000 Format : 69600 Format : 6675 Q1. If liabilities total RM 70000 and shareholders' equity totals RM 50000, then total assets must be:...

QUESTION 4 Part A Scrabble Berhad reported net income of RM350,000 for year 2019. The company also reported depreciation expense of RM43,000; gain of RM5,000 on the disposal of land and an...

QUESTION 4 Part A Scrabble Berhad reported net income of RM350,000 for year 2019. The company also reported depreciation expense of RM43.000; gain of RM5,000 on the disposal of land and an...

3.1. Given below are financial information for Boo-at Jer Sendirian Berhad for the financial year ended 31 December 2019. Item Amount (RM) Accounts payable 620000 Accounts receivable 380000 Prepaid...

QUESTION 3 3.1. Given below are financial information for Boo-at Jer Sendirian Berhad for the financial year ended 31 December 2019 Item Amount (RM) Accounts payable 690000 Accounts receivable 380000...

Q1 (a) You are an audit manager of Morline & Co, a Public Accounting firm. The audit engagement partner, Joe Tan, has called you into his office to discuss a new audit client. You have been assigned...

BSBFIM501: Assessment 2- Managing Budgets. I am so bad at this, and don't understand how to do any of this assessment. BSBFIM501 - Assessment 2 Task 1 - Sales Budget Part A (1) The Black Helmet Motor...

(a) Determine the following measures for the fiscal years ended 31 December 2019 and 2018. Round ratios and percentages to one decimal place. (i) Accounts receivable turnover (ii) Number of days'...

Question :- KPMG Taseer Hadi & Co. as the Auditors of the Company for the year 2019, subject to Shareholders' approval at the next AGM to be held on April 09,2019. Holding Company Through its wholly...

financial statement Question KPMG Taseer Hadi & Co. as the Auditors of the Company for the year 2019, subject to Shareholders' approval at the next AGM to be held on April 09, 2019. Holding Company...

What policies might underlie the reluctance of the United States to provide full copyright protection for all databases? Discuss.

draw a flow chart for Biceps concept ?

(Student Project) Bring to class a chart from a website, newspaper, or magazine published this month that you believe to be a poorly drawn representation of a categorical variable. Be prepared to...

grow cotton with less water. This is an example of Levi's commitment to corporate philanthropy. sustainable marketing. value - driven marketing. environmental marketing. eco - marketing.

Why is job analysis considered to be a basic HR tool?

What role has recent government regulation played in this situation? Discuss.

5.1 Define recruitment and describe the recruitment process.

Question: *Show working step by step *Follow the given format The data below are based on the financial statements of JJ Sdn Bhd for the year

Step by Step Solution

Students Have Also Explored These Related Accounting Questions!

Question: Show working step by step Follow the given format The data below are based on the financial statements of JJ Sdn Bhd for the year