The following information is provided for the financial statement of the company Gold Logistics' (figures are...

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The following information is provided for the financial statement of the company "Gold Logistics' (figures are in euro): Balance Sheet "Gold Logistics" as at December 31, 202X ASSETS Cash& cash equivalents Trade and other accounts receivable Inventory Current Assets Land, plant & equipment Intangible assets Long-term investments Noncurrent Assets |Total Assets LIABILITIES & STOCKHOLDERS' EQUITY Short term liabilities Current Liabilities Long-term debt Noncurrent Liabilities Total Liabilities Common stock Current period's retained earnings Stock holders' Equity Total Liabilities and Stockholders' Equity 12,000 15,000 26,000 ? Income statement “Gold Logistics" as at December 31, 202X Total revenue (Net sales) O Cost Gross profit OSGAS Earnings before interest & taxes (EBIT) (+) Interest income (-Interest expense Pretax income sales 65,000 2,000 (-) Taxes Net income Also, the following information is provided for the company “Gold Logistics" at the end of the accounting period (figures are in euro): • Land, plant & equipment' are 3 times greater in value to 'Intangible assets' • current ratio = 5 • current liabilities / stockholders' equity = 0.15 • opening inventory = 10,000 • cash ratio = 0.5 • net purchases = 52,000 • Long-term investments' are 2 times greater in value to "Intangible assets' quick ratio = 3 beginning retained earnings = 0 Using the information that there is no taxation and dividends' decision: a. Calculate the missing values in question marks (with available data & ratios) and fill the above balance sheet and income statement , . b. Calculate Altman's Z score for the private company "Gold Logistics The following information is provided for the financial statement of the company "Gold Logistics' (figures are in euro): Balance Sheet "Gold Logistics" as at December 31, 202X ASSETS Cash& cash equivalents Trade and other accounts receivable Inventory Current Assets Land, plant & equipment Intangible assets Long-term investments Noncurrent Assets |Total Assets LIABILITIES & STOCKHOLDERS' EQUITY Short term liabilities Current Liabilities Long-term debt Noncurrent Liabilities Total Liabilities Common stock Current period's retained earnings Stock holders' Equity Total Liabilities and Stockholders' Equity 12,000 15,000 26,000 ? Income statement “Gold Logistics" as at December 31, 202X Total revenue (Net sales) O Cost Gross profit OSGAS Earnings before interest & taxes (EBIT) (+) Interest income (-Interest expense Pretax income sales 65,000 2,000 (-) Taxes Net income Also, the following information is provided for the company “Gold Logistics" at the end of the accounting period (figures are in euro): • Land, plant & equipment' are 3 times greater in value to 'Intangible assets' • current ratio = 5 • current liabilities / stockholders' equity = 0.15 • opening inventory = 10,000 • cash ratio = 0.5 • net purchases = 52,000 • Long-term investments' are 2 times greater in value to "Intangible assets' quick ratio = 3 beginning retained earnings = 0 Using the information that there is no taxation and dividends' decision: a. Calculate the missing values in question marks (with available data & ratios) and fill the above balance sheet and income statement , . b. Calculate Altman's Z score for the private company "Gold Logistics

Answer rating: 100% (QA)

Subject 1 fiqures in euro Fage AnSwer Balana sheet Tleng Assests ... View the full answer