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The data below are based on the financial statements of JJ Sdn Bhd for the...

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Accounting

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The data below are based on the financial statements of JJ Sdn Bhd for the year ended 31 December 2019. Accounts and Notes Payable RM186000, Accounts receivable RM100000 , Prepaid insurance RM30000 , Cash and cash equivalents RM1000 , Land , Buildings and Machines RM680000, Sales RM1200000, Long-term Loan RM557000, Inventory RM50000, Total Owners Equity (1 Jan 2019) RM439000, Income Taxes RM 292000, Cost of sales RM582000, Selling and Administration Expenses RM310000, Research Development Expense RM94000, Interest Expense RM35000, Depreciation RM36000. Format : 623000 Format : -654000 Format : 599000 Q1. Calculate GROSS PROFIT. Q2. Calculate NET PROFIT After Tax. Q3. Calculate the TOTAL ASSETS. Q4. Calculate the TOTAL LIABILITIES. Q6. Calculate DEBT RATIO. Q7. Calculate TOTAL ASSETS TURNOVER RATIO. 08. Calculate QUICK RATIO. Format : 583000 Format : 0.69 Format : 9.45 Format : 9.24

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