Mechanical equipment is 1.5 times greater in value than Buildings● Stocks 31.12.2020 = 7.000Purchases (net) = 46,000Further result (31.12.2020) = 0●●●●No taxationThere is no decision to distribute dividendsCalculate all accounts required to complete the Balance Sheet The financial statements of the company 'MPD Development' are given below (allamounts are in euros) and some accounts/funds are omitted (they are with aquestion mark):Balance sheet of the company 'MPD Development' 31.12.2021AssetsPlots●BuildingsMechanical equipmentParticipations in AENon-current (fixed) assetsStocksCommercial requirementsCash and cash equivalentsCurrent assetsTotal assetsLiabilityShare capitalResult in a newNet worth (Equity)Long-term loanLong-term liabilitiesExpenses payableShort-term liabilitiesTotal liabilitiesTotal LiabilitiesEarnings before interest and tax (RTD)(+) Interest on credit(-)Interest debitedEarnings before tax (CCP)Income statement 'MTF Development' 31.12.2021Sales (net)(-) Cost of salesGross profit(-) Miscellaneous expenses(-) TaxesNet profit15.000;;6.250;24.000Current liabilities / Equity = 0.25Plots are 2 times larger in value than Buildings;;;;20.000;;;;;;;;;51.000;;3.0000;;Also, the following information is given for the company 'MPD Development' on31.12.2021 (all amounts are in euros):General liquidity = 6Specific liquidity = 3Cash liquidity = 1;

Plots are 2 tomes larger in value than Buildings It means that there value is 3 times buildings…

Answered: The financial statements of the company…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter16: Statement Of Cash Flows

Section: Chapter Questions

Problem 5EA: What adjustment(s) should be made to reconcile net income to net cash flows from operating...

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