In: Accounting
1- A) Find net fixed assets ANS: 99586
B) invested capital ANS: 58311
QUESTION:
Cash & Equivalents |
31499 |
Short Term Investments |
11044 |
Cash & Equivs & ST Investments |
42543 |
Receivables (ST) |
- |
Inventories |
10271 |
Current Tax Assets |
- |
Other Current Assets |
0 |
Total Current Assets |
52814 |
Gross Property Plant & Equip |
- |
Accumulated Depreciation |
- |
Net Property Plant & Equip |
40707 |
Receivables (LT) |
114497 |
Assets Held for Sale (LT) |
- |
Long Term Investments |
2579 |
Intangible Assets |
5945 |
Deferred LT Assets |
5881 |
Discontinued Ops (LT Asset) |
- |
Other Assets |
47053 |
Total Assets |
269476 |
Accounts Payable & Accrued Exps |
23036 |
Accounts Payable |
- |
Accrued Expenses |
23036 |
Current Debt |
59904 |
Other Current Liabilities |
28510 |
Total Current Liabilities |
111450 |
LT Debt & Leases |
94428 |
Pensions & OPEB |
24934 |
Discontinued Ops (LT Liab) |
- |
Deferred LT Liabilities |
7405 |
Minority Interests |
1122 |
Other Liabilities |
17180 |
Total Liabilities |
256519 |
Temporary Equity |
- |
Common Share Capital |
19 |
Additional Paid-In Capital |
4872 |
Retained Earnings |
12461 |
Accum Other Comprehensive Income |
-3562 |
Treasury Stock |
833 |
For Curr Trans (BS) |
- |
Other Equity |
0 |
Total Equity |
12957 |
Total Liabilities & Equity |
269476 |
Total assets269476
Less: current assets52814
Less: receivables(LT)114497
Less: long-term investments2579
Net fixed asset99586
Note: when there are long term receivables, it shall be treated as a long term investment instead of a fixed asset.
Gross Property Plant & Equip Nil
Net Property Plant & Equip 40707
Assets Held for Sale (LT) Nil
Intangible Assets 5945
Deferred LT Assets 5881
Discontinued Ops (LT Asset) Nil
Other Assets47053
Gross fixed asset99586
Less: Accumulated Depreciation Nil
Net fixed asset 99586
Note: company’s investments are taken under the head of investment in balance sheet