The balance sheet of a company on the 1^st of January is given below

ASSETS (1.1.)	euros		EQUITY (1.1.)	euros
Fixed assets	2200000		Shareholder's capital	1686300
Inventory	880000		Retained earnings	0
Accounts receivable	0		Profit for the financial year	0
Cash and equivalents	877800		DEBT (1.1)
			Loans	2007500
			Accounts payable	264000

The operating income of the financial period (1.1.-31.12.) is 2090000 €. In addition, the following is given on the events in the company during the financial period: The company has delivered products to the customers for a worth of 11000000 € according to the billing information. 10340000 € of this has been received from the customers. According to the bills, the company has received 5016000 € worth of materials of which 4815360 € has been paid. Naturally, the company has paid the bills of previous periods. According to the inventory taken, the value of inventory at the end of the financial year is 1496000 €. The company has also invested in its means of production (machines) with 396000 €. The total depreciation of the financial year is 440000 €. 401500 € of the loans has been amortized and 100375 € has been paid in interests. The income tax percentage is 20 %.

Give the following information for the balance sheet at the end of the year (31.12.) to the nearest euro.

Shareholder's capital =

Retained earnings and the profit for the financial year =

Long and short-term loans (only those with interest) =

Accounts payable =

Inventories =

Accounts receivable =

Cash and equivalents =

Fixed assets =

Working capital =

Answer rating: 100% (QA)

Shareholders capital 1686300 2090000 2090000 02 20263... View the full answer