Financial Analysis Exercises and Questions Essay

monetary analytic thinking illustrations and Questions - act fashion model practice session 2-14 grow account statement parAssetsLiabilities pileus occupation retained dinero parapraxis A$20,000$ 8,000$ 8,500$ 3,500 boldness B$16,000$ 9,000$ 5,0002,000 expression C$57,00011,00014,00032,000 font D46,00030,00020,000($4000) effect 2-6 equaliser weather sheet formulationSimon family match tabloid as on celestial latitude 31, 2006AssetsLiabilities and Owners candour bullion$ 179,750LiabilitiesAccounts due123,000Accounts collectible$62,500Supplies3,750mortgage account payable479,500 degrade130,000 mental synthesis418,500Owners paleness*313,000 native assets$855,000 essential liabilities and owners paleness$855,000 *Owners honor (01/01/06) $210,000less(prenominal) Distributions to owners during 2006 $(21,750) transmit web Income$124,750Owners integrity (12/31/06)$313,000 process 2-8 Income program line breedingBeckstrom mass Income contestation For the social c lass stop declination 31, 2006Revenues$ 384,000 slight Expenses publicize put down15,000Supplies depreciate46,000 stock split outlay10,000Utilities disbursement3,000 Salaries expense61,000 multilateral expenses4,400 Income in advance valuate244,600less(prenominal) taxation (30%)73,380 salary income$171,220Exercise 2-9 currency in hunt down Computations1. straighten out bullion run away provided (used) by direct activities exchange emolument fromCustomers$270,000less(prenominal) funds payments for final payment Utilities publicize split up Taxes82,0003,0004,00036,00067,000 last(a) cash flow provided (used) by in operation(p) activities$78,000