Question: Solve urgently Calculate EFN using the equation method I/S (End of 2015) Balance Sheet Beginning of year 2015) Cash 20 A/P 20 Sales 500 R/A
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Calculate EFN using the equation method I/S (End of 2015) Balance Sheet Beginning of year 2015) Cash 20 A/P 20 Sales 500 R/A 30 Accruals 40 Net Income 10 Inventory 100 ST Bank loan 20 d 50% CA 150 CL 80 Net Profit Margin (NPM) 20 NI / Sales 10 / 500 = 2% OFA (Net) 50 LT Loan TA 200 TL 100 Share Capital 20 Soe = ??? RE 80 OE 100 TL & OE 200
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