The data below are based on the financial statements of JJ Sdn Bhd for the...
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Accounting
The data below are based on the financial statements of JJ Sdn Bhd for the year ended 31 December 2019. Accounts and Notes Payable RM160000, Accounts receivable RM100000 , Prepaid insurance RM30000 , Cash and cash equivalents RM748000 , Land , Buildings and Machines RM650000 , Sales RM1900000 , Long-term Loan RM488000, Inventory RM50000, Total Owners Equity (1 Jan 2019) RM452000 , Income Taxes RM 262000, Cost of sales RM593000, Selling and Administration Expenses RM260000, Research Development Expense RM86000, Interest Expense RM65000, Depreciation RM36000. Q1. Calculate GROSS PROFIT. Q2. Calculate NET PROFIT After Tax. Q3. Calculate the TOTAL ASSETS. Q4. Calculate the TOTAL LIABILITIES. Q5. Calculate DEBT RATIO. Q6. Calculate TOTAL ASSETS TURNOVER RATIO. Q7. Calculate QUICK RATIO. Format : 6906000 Format : 395000 Format : 5926000 Format : 779000 Format : 0.68 Format : 8.47 Format : 8.07

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