Question: Using the following information (all values are in US$) from Superior MRO for the year ended 31 Dec 2017, demonstrate how you could produce the

Using the following information (all values are in US$) from Superior MRO for the year ended 31 Dec 2017, demonstrate how you could produce the statement of comprehensive income (Balance Sheet, Income Statement and Cash Flow Statement) and the statement of financial position (Financial Ratios).

Revenue : 890 000

Administrative Expenses : 51 000

Engineering Expenses: 79 000

Inventory: 52000

Cost of Sales:576 000

Accounts Receivables:108 900

Bank Interest Expenses: 24 500

Tax Expenses: 22 250

Property, Plant and Equipment 319 000

Cash and Cash Equivalents: 17 100

Long Term Loan: 170 000

Accounts payable: 56 000

Share Capital :100 000 Retained Earnings : 171 000

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