Download as pdf or txt
Download as pdf or txt
You are on page 1of 5

7/1/2021 FS Anaylsis

FS Anaylsis Total points 10/10

Using Ratios to reconstruct financial statements

Reconstruction

https://docs.google.com/forms/d/e/1FAIpQLSd3o6MgN1qAMMTgcXW_agoRYbEzy4kH_wKCkTl8pVw1jdCKgQ/viewscore?hr_submission=ChgI1vWa… 1/5
7/1/2021 FS Anaylsis

1) * 1/1

6,000

Feedback

Cash = 2% of total assets

Cash = 2% x P300,000

Cash = P6,000

2) * 1/1

75,000

Feedback

Sales / Accounts Receivable = 10x

Accounts receivable = 750,000/10

Accounts receivable = 75,000

3) * 1/1

50,000

Feedback

Sales / Inventory = 15x

Inventory = 750,000/15

Inventory = 50,000

https://docs.google.com/forms/d/e/1FAIpQLSd3o6MgN1qAMMTgcXW_agoRYbEzy4kH_wKCkTl8pVw1jdCKgQ/viewscore?hr_submission=ChgI1vWa… 2/5
7/1/2021 FS Anaylsis

4) * 1/1

131,000

Feedback

Total Current Assets = Cash + AR + Inventory

TCA = 6,000 + 75,000 + 50,000

TCA = 131,000

5) * 1/1

300,000

Feedback

Sales/Total Assets = 2.5x

Total Assets = 750,000/2.5

Total Assets = 300,000

6) * 1/1

65,500

Feedback

Current ratio = 2x

Current ratio = CA /CL

Current debt or CL = CA/2

Current debt or CL = 131,000/2

Current debt or CL = 65,500

https://docs.google.com/forms/d/e/1FAIpQLSd3o6MgN1qAMMTgcXW_agoRYbEzy4kH_wKCkTl8pVw1jdCKgQ/viewscore?hr_submission=ChgI1vWa… 3/5
7/1/2021 FS Anaylsis

7) * 1/1

69,500

Feedback

Long-term debt = Total debt - Current debt

Long-term debt = 135,000 - 65,500

Long-term debt = 69,500

8) * 1/1

135,000

Feedback

Total debt/total assets = 45%

Total debt = 45% x 300,000

Total debt = 135,000

9) * 1/1

165,000

Feedback

Net worth = Total Assets - Total debt

Net worth = 300,000 - 135,000

Net worth = 165,000

https://docs.google.com/forms/d/e/1FAIpQLSd3o6MgN1qAMMTgcXW_agoRYbEzy4kH_wKCkTl8pVw1jdCKgQ/viewscore?hr_submission=ChgI1vWa… 4/5
7/1/2021 FS Anaylsis

10) * 1/1

300,000

Feedback

Total Assets = Total Liabilities and Equity

Attach solutions here *

Solution_Rubios …

This form was created inside of Ateneo de Naga University.

 Forms

https://docs.google.com/forms/d/e/1FAIpQLSd3o6MgN1qAMMTgcXW_agoRYbEzy4kH_wKCkTl8pVw1jdCKgQ/viewscore?hr_submission=ChgI1vWa… 5/5

You might also like