The balance sheet data on a company are provided below (in thds RUB): ASSETS PPE Construction...

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The balance sheet data on a company are provided below (in thds RUB): ASSETS PPE Construction work-in-process Intangibles patents and copyrights Deferred tax asset Long-term investments. stocks of "blue chip" companies Stocks of non-traded companies Inventory raw materials prepaid expenses finished goods Accounts receivable long-term short-term Short-term investments Cash TOTAL ASSETS 33 600 4 725 3 150 3 150 1 470 4 200 2 940 1 260 10 605 3 150 525 6 930 19 950 10 500 9 450 1 050 5 355 84 105 LIABILITIES AND EQUITY Common stock Additional paid-in capital Retained earnings Long-term loans Short-term loans Accounts payable Dividends payable Provisions for future expenses TOTAL LIABILITIES AND EQUITY Additional information is also available: 1. Raw materials should be impaired by 3%. 2. 12% of short-term accounts receivable will probably not be collected. 16 065 8 925 34 860 13 755 840 4410 2 940 2 310 84 105 3. Long-term loans include the amount of 3200 thds RUB that should be settled within a year. 4. Short term investments can be sold for the amount that is 80% of their book value. Required: 1. Prepare an aggregated balance sheet. Indicate what items you eliminate or transfer. 2. Determine the type of financial position of the company and explain what it means in economic terms. The balance sheet data on a company are provided below (in thds RUB): ASSETS PPE Construction work-in-process Intangibles patents and copyrights Deferred tax asset Long-term investments. stocks of "blue chip" companies Stocks of non-traded companies Inventory raw materials prepaid expenses finished goods Accounts receivable long-term short-term Short-term investments Cash TOTAL ASSETS 33 600 4 725 3 150 3 150 1 470 4 200 2 940 1 260 10 605 3 150 525 6 930 19 950 10 500 9 450 1 050 5 355 84 105 LIABILITIES AND EQUITY Common stock Additional paid-in capital Retained earnings Long-term loans Short-term loans Accounts payable Dividends payable Provisions for future expenses TOTAL LIABILITIES AND EQUITY Additional information is also available: 1. Raw materials should be impaired by 3%. 2. 12% of short-term accounts receivable will probably not be collected. 16 065 8 925 34 860 13 755 840 4410 2 940 2 310 84 105 3. Long-term loans include the amount of 3200 thds RUB that should be settled within a year. 4. Short term investments can be sold for the amount that is 80% of their book value. Required: 1. Prepare an aggregated balance sheet. Indicate what items you eliminate or transfer. 2. Determine the type of financial position of the company and explain what it means in economic terms.

Answer rating: 100% (QA)

1 Prepare an aggregated balance sheet Indicate what items you eliminate or transfer Aggregate Balance Sheet of RUB ASSETS AMOUNT LIABILITIES EQUITIES ... View the full answer