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  • Dilemma Company SFP

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    Tish Vienna
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    The statement of financial position for Dilemma Company as of December 31, 2020 shows total assets of $10 million, including current assets of $3.1 million and non-current assets of $6.9 million. Total liabilities are $3.25 million, consisting of current liabilities of $1.2 million and non-current liabilities of $2.05 million. Shareholders' equity is $6.75 million, comprising share capital, reserves, retained earnings, and treasury shares.

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    The statement of financial position for Dilemma Company as of December 31, 2020 shows total assets of $10 million, including current assets of $3.1 million and non-current assets of $6.9 million. Total liabilities are $3.25 million, consisting of current liabilities of $1.2 million and non-current liabilities of $2.05 million. Shareholders' equity is $6.75 million, comprising share capital, reserves, retained earnings, and treasury shares.

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    18 views1 page

    Dilemma Company SFP

    Uploaded by

    Tish Vienna
    The statement of financial position for Dilemma Company as of December 31, 2020 shows total assets of $10 million, including current assets of $3.1 million and non-current assets of $6.9 million. Total liabilities are $3.25 million, consisting of current liabilities of $1.2 million and non-current liabilities of $2.05 million. Shareholders' equity is $6.75 million, comprising share capital, reserves, retained earnings, and treasury shares.

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    Dilemma Company

    Statement of Financial Position


    As of December 31, 2020

    Current Assets
    Cash 800,000.00
    Accounts Receivable-net 700,000.00
    Financial Asset at Fair Value 440,000.00
    Inventory 1,000,000.00
    Prepaid Expenses 160,000.00
    Total Current Assets 3,100,000.00

    NonCurrent Assets
    Property Plant and Equipment -net 6,700,000.00
    Intangible Asset 200,000.00
    6,900,000.00
    TOTAL ASSETS 10,000,000.00

    Current Liabilities
    Trade and Other Payables 1,200,000.00
    Total Current Liabilities 1,200,000.00

    NonCurrent Liabilities
    Bonds payable - net 1,800,000.00
    Notes Payable - Due July 1, 2022 250,000.00
    Total NonCurrent Liabilities 2,050,000.00
    TOTAL LIABILITIES 3,250,000.00

    SHAREHOLDERS' EQUITY
    Share Capital 3,000,000.00
    Reserves 250,000.00
    Retained Earnings 3,750,000.00
    Less: Treasury Shares 250,000.00
    TOTAL SHAREHOLDERS' EQUITY 6,750,000.00
    TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 10,000,000.00

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