Prepare the financial statement for orange ltd

Assignment Help Managerial Accounting
Reference no: EM132607630

Question 1: The following financial details are available for Orange Ltd. - Long Term Debt $422,500; Accumulated Retained earnings - $639,000; Notes Payable $80,000; Inventory $146,500; Net Fixed Assets - $810,000; Accounts Receivables $ 52,500; Accounts Payable $105,000; Other Assets - $315,000; Cash $ 63,500. Based on this information prepare the financial statement.

Reference no: EM132607630

Questions Cloud

Which costs would represent facility level activities : Denita, SRL makes paczki in Belize. If Denita decides to implement activity-based costing, which of the following costs would represent facility level activity
Specific plan for scholarship based on model : An analysis of how you will carry out scholarship activities as an MSN-prepared nurse and a specific plan for scholarship based on a model.
Which quarter will have the lowest production : 3,000 units, and that the company policy is to have 25% of the next quarter's sales in ending inventory, which quarter will have the lowest production?
What is the actual amount of total payment : New Oriental Company received an invoice for a recent order worth $25000 with terms of 5/10, 3/15. What is the actual amount of total payment
Prepare the financial statement for orange ltd : Prepare the financial statement for Orange Ltd. Long Term Debt $422,500; Accumulated Retained earnings - $639,000; Notes Payable $80,000; Inventory $146,500
How much does she owe : Interest is only charges on cash advances and overdue payments. How much does she owe if she makes no payments until her bill date on November 3rd
Define some areas of a finance manager role : Define some areas of a Finance Manager's role and what are his/her responsibilities in a company? Define Capital Budgeting, Capital Structure
When a manager notices an outlier during the cost estimation : When a manager notices an outlier during the cost estimation process, the appropriate response is to? attempt to identify the reasons for the outlier.
Calculate Tom net gain or loss : Home Depot stock, purchased 2 years ago for $1,420, was sold by Tom for 2,130. Calculate Tom's net gain or loss

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd