Perform a vertical analysis on the following information. 2021 2020Cash $ 420,000 $ 1,050,000Accounts receivable 660,000 300,000Inventory 1,020,000 925,000Long-term assets 3,900,000 2,725,000Total assets $ 6,000,000 $ 5,000,000
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Perform a vertical analysis on the following information.
2021 2020
Cash $ 420,000 $ 1,050,000
Accounts receivable 660,000 300,000
Inventory 1,020,000 925,000
Long-term assets 3,900,000 2,725,000
Total assets $ 6,000,000 $ 5,000,000
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- From the following forecast the Balance sheet for the year 2021Balance sheet as of 31/12/2020Liabilities& Equity AmountAssetsAmountEquity33,000 Plant and machinery 10,000Retained earnings 10,000 Land Property20.000Accounts payable 7,000 Accounts receivables 3.000Inventories10.000Cash in hand2000Cash at Bank5.00050,00050,0001. It is expected that the company will make a net income of10% of forecasted sales2. The company will purchase additional 5000 OMR worthmachines by taking an additional loan of 5000 OMR3. Forecasted sales OMR 100,0004. Dividend payout will be 50%5. The following estimates are also given;Accounts payable 10,000Accounts receivable 6,000Inventories 15,000Cash in hand 6.000Cash at bank 1,000Compute the Sales Growth Index and select the best Answer: 12/31/2020 12/31/2021Cash $5,000 Cash $7,000AR $20,000 AR $45,000Current Assets $60,000 Current Assets $55,000Net Fixed Assets $100,000 Net Fixed Assets $120,000Total Assets $200,000 Total Assets $360,000Sales $400,000 Sales $450,000Cost of Sales $300,000 Cost of Sales $340,000A. The index is 1.125 and suggests earnings management B. The index is 1.125 and does not suggest earnings managementC. The index is .89 and suggests earnings management D. The index is .89 and does not suggest earnings managementYears Bank Total Asset 2018 STANBIC 6,205,018 2019. STANBIC. 9,295,682 2020. STANBIC 12,742,132 2018. BARCLAYS 8,994,562 2019. ABSA 11,772,546 2020. ABSA. 12,546,473 Calculate the Herfindahl-Hirschman Index (HHI) for each year using total assets and comment on the level of competition
- : Answers the days of Working capital based on the information below: 2020 2021 Profit of the year $126,000 $175,000 Depreciation/Amortization 25,000 35,000 Trade receivables 260,000 285,000 Inventories 350,000 390,000 Trade and other payables 290,000 310,000 Revenue 1,800,000 2,100,000Computed the corrected profit for the following year 2021 A.740,000 B. 650,000 c. 630,000 D. 560,000 2022 A. 670,000 B. 650,000 C. 470,000 D. 450,0002020 2019 Net profit for the year 1200 1100 Depreciation for the financial year 80 70 Accumulated depreciation 400 320 Fixed asset impairment reversal gains 50 20 Profits for the sale of fixed assets 100 50 Based on the above information, the cash flow of 2020 before changes in working capital accounts is?
- The following table tracks the main components of working capital over the life of a four-year project. 2021 2022 2023 2024 2025 Accounts receivable 0 174,000 249,000 214,000 0 Inventory 87,000 142,000 142,000 107,000 0 Accounts payable 31,000 56,000 62,000 41,000 0 Calculate net working capital and the cash inflows and outflows due to investment in working capital.Use the information below to answer questions 3, 4, 5 and 6. 2020 2021 Sales$5,300 $5,900 Depreciation750850COGS24002900Interest180196Cash200500Accts Receivables200400Notes Payable800550Long-term debt15001950Net fixed assets30003500Accounts Payable250400Inventory700900Dividend payout30%30%Tax rate35%30% What is the ROE for 2021?The following table tracks the main components of working capital over the life of a four-year project. Accounts receivable Inventory Accounts payable Net working capital Cash flows 2019 2019 0 95,000 35,000 2021 2020 2022 190,000 265,000 230,000 150,000 150,000 115,000 60,000 70,000 45,000 Calculate net working capital and the cash inflows and outflows due to investment in working capital. (Negative answers should be indicated by a minus sign.) 2020 2021 2023 0 0 0 2022 2023
- Revenues 2021 2020 Sishen $ 21,700,000 $ 26,500,000 Hotazel $ 14,200,000 $ 16,500,000 Beaufort $ 8,700,000 $ 9,000,000 Operating Income Sishen $ 1,620,000 $ 2,000,000 Hotazel $ 810,000 $ 1,300,000 Beaufort $ 945,000 $ 1,100,000 Average Total Assets Sishen $ 9,500,000 $ 10,000,000 Hotazel $ 6,500,000 $ 8,000,000 Beaufort $ 4,300,000 $ 4,500,000 # of Managers Sishen 59 61 Hotazel 48 55 Beaufort 22 20 Vryburg’s manager compensation is an annual salary and qualifying bonus award. Managers qualify for the bonus award when their division ROA equals or exceeds Vryburg Inc. ROA. The bonus is calculated as Vryburg’s Residual Income divided by the number of qualifying managers who then share equally in the bonus pool. Residual Income is defined as Operating Income minus an interest charge of 8% of Average Total Assets. a. For 2021, calculate each division’s…2021 2020 Cash Р300,000 840,000 660,000 100,000 80,000 1,130,000 (110,000) P200,000 580,000 420,000 50,000 Accounts Receivable, net Merchandise Inventory Prepaid Expenses Long-term Investments Land, Buildings and Fixtures Accumulated Depreciation 600,000 (50,000) Total Current Assets P3,000,000 P1,800,000 Accounts Payable Accrued Expenses Dividends Payable Notes Payable – due 2023 Ordinary Shares Retained Earnings Total Liabilities and Equities P530,000 140,000 70,000 500,000 1,200,000 560,000 P440,000 130,000 900,000 330,000 P3,000,000 P1,800,000 Income Statement Net credit sales P6,400,000 5,000,000 P1,400,000 1,000,000 P400,000 P4,000,000 3,200,000 P800,000 520,000 Cost of Goods Sold Gross Profit Expenses (including Income Taxes) Net Income P280,000 Additional information: 1. All accounts receivable and accounts payable are related to trade merchandise. Accounts payable recorded net and always are paid to take all of the discount allowed. 3. The allowance for doubtful accounts at…1. How much is the net share in the profit or loss of the associate (investment income) in 2021? P480,000 P825,000 P420,000 P135,000 2. How much is the carrying amount of the investment as of December 31, 2021? P7,815,000 P8,025,000 P7,680,000 P7,125,000
