Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 4. company a shows the following income statement

4. Company A shows the following income statement and balance sheets Year 3 Income statement...

60.1K

Verified Solution

Question

Accounting

image
4. Company A shows the following income statement and balance sheets Year 3 Income statement Sales Cost of goods sold Other costs Depreciation Interest expenses Tax cost Results for the year 10900 -4800 -3400 -900 -300 - 450 1050 Balance sheet Equipment Inventory Accounts receivable Cash and bank balances 31/12 (year 3) 31/12 (year 2) 3300 1200 870 350 2500 1600 940 310 Equity Bank loan Liabilities to supplier of goods Tax liabilities 2825 2300 560 35 1529 3200 590 31 Answer the following questions (gray box) a) How large are the payments from customers in year 3? b) How big is this year's purchases of goods? c) How big are the payments to suppliers during year 3? d) How big are this year's investments in equipment? e) How large are the payments of the company's tax during year 3? How big is this year's net of new bank loans and repayments? (Enter minus if the loan repayments are larger than new loans) g) What is the net of all this year's deposits and withdrawals? (Enter minus if the withdrawals are largest)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students