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Allianze Ltd has the following data information as of 30 June 2022: Current...

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Accounting

Allianze Ltd has the following data information as of 30 June 2022:

Current assets of $ 6,970
Net fixed assets of $18,700
Current liabilities of $4,570
Long term debts of $9,490.

Required:

a) Calculate shareholders equity and prepare a balance sheet for the company for the period.(4 marks)

ANSWER: ** Answer box will enlarge as you type

b) How much is net working capital of the company? (1 mark)

ANSWER: ** Answer box will enlarge as you type

c) Calculate the return on assets of the company given the return on equity is 20% (2 marks)

ANSWER c):

Answer & Explanation Solved by verified expert
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