Gawain's balance sheet for at 31/12/X1 is shown below Buildings Equipment Inventory Cash & Receivables £'000 £'000 450 2,100 £1NV Shares Reserves 1800 975 1,075 150 10% Loan Stock Payables 600 400 3,775 Equity & Liabilities 3,775 Assets Assume that new plant could have been purchased on 01/01/X1 as follows: a) Buy new plant (fair value £600,000, life 6 years) from a 2:9 rights issue made at a premium of 50p per share. b) Instead, lease this plant over 6 years with interest at 20% together with annual repayments of £180,000. Prepare amended balance sheets at 31/12/X1 for each option a) and b) above. c) Contrast Finance Leases with Operating Leases

balance sheet 20201231 (mkr): fixed assets 9540 current assets 2630 s: a assets. 1280 equity 2070 long loans 5650 short-term. liabilities. 4360 s: a EQ and liabilities 12080 Let us assume that a new share issue is carried out where the owners invest SEK 1,400 million. The money is then used to repay long-term loans of SEK 900 million and short-term liabilities of SEK 400 million.   Your task is to fill in the amounts for the following items in the balance sheet after the new share issue and associated transactions described above have been completed:   S assets:mkr Equity:mkr Short loans:mkr

Cullumber Company's equity securities portfolio which is appropriately included in current assets is as follows: Catlett Corp. Lyman, Inc. O O $-7440. O $-20400. O $0. O $-130740. December 31, 2021 Cost O $23000 loss. O $14000 loss. - $0. O $9000 gain. $150000 Cash $296000 146000 Cash Ignoring income taxes, what amount should be reported as a charge against income in Cullumber's 2021 income statement if 2021 is Cullumber's first year of operation? Debt Investments Premium on Bonds Cash Current Attempt in Progress Sunland Company purchased $2700000 of 9%, 5-year bonds from Cheyenne, Inc. on January 1, 2021, with interest payable on July 1 and January 1. The bonds sold for $2830740 at an effective interest rate of 8%. Using the effective-interest method, Sunland Company decreased the Available-for-Sale Debt Securities account for the Cheyenne, Inc. bonds on July 1, 2021 and December 31, 2021 by the amortized premiums of $10020 and $10380, respectively. Debt Investments Eair Value $127000…

(a) Calculate current Ratio and Quick Ratio from the followinginformation:Total Assets Rs. 350000Fixed Assets Rs. 175000Investment Rs. 70000Fictitious Assets Rs. 5000Share holders fund Rs. 200000Long term Debts Rs. 100000Inventory Rs. 45000(b) From the following information calculate the stock turnoverratio.Sales Rs. 200000, G.P 25% on cost, Opening Stock was 1/3rd of thevalue of closing stock. Closing stock was 30% of sales