INDIVIDUAL ASSIGNMENT CHAPTER 3 PART 1
Question 1: Based on the balance sheet of Company X at the end of 20x4 and 20x5, answer the
following questions:
1. Fill the missing numbers in the table 1
2. How much does the cash of company X increase in 20x5?
3. How much is the retained earnings at the end of 20x5?
Note that: Use the table 2 and 3 to solve question 1
TABLE 1: FINANCIAL STATEMENT OF COMPANY X
BALANCE SHEET AS 31/12/20X4 AND 31/12/20X5
(in millions VND)
ASSET 20X4 20X5
CURRENT ASSETS
Cash and cash equivalent 98
Account receivables 678
Inventory 1367
Other current asset 44 56
Total current asset 2117 2370
LONG-LIVED ASSETS
Fixed asset 1678
Accumulated depreciation 1090
Fixed asset, net value 728 807
Investment land 98
Other investment 205
TOTAL ASSET 3095 3480
LIABILIITES
CURRENT LIABILITIES
Account payables 148
Wage payables 98 47
Short-term debt 432
Other payables 140 191
Total current liabilities 904
Long-term debt 520
TOTAL LIABILITIES 1326
SHAREHOLDER'S EQUITY
Common stock, par value 421 421
Capital in excess of par-value 361
Retain earnings 987
TOTAL SHAREHOLDER'S EQUITY 1769
TOTAL LIABILITIES & SHARE HOLDER'S EQUITY 3095 3480
Question 2: Fill the missing numbers in the table 2 shown Income Statement of Company X in 20x4
and 20x5
TABLE 2: INCOME STATEMENT OF COMPANY X in 20X4
AND 20X5
(in millions VND)
20X4 20X5
Revenue 3,657
Cost of Goods Sold 3456
Gross profit 1,107 1,633
Selling expense 214 456
Admisnistrative expense 335 423
Depreciation 140
EBIT 438
Interest expense 98
Earnings before taxes 516
Tax 97
Net income 307
Dividend 128 218
Retained earninings 215
Question 3 : Based on the table 3 ( The Cash Flow Statement of Company X at the end of 20x4 and
20x5), answer the following questions:
1. Filling the missing numbers in table 3
2. What is cash flow from operating, investing and financing activities of company X in 20x5?
3. Which methods does the company use to inform the statement of cash flow?
4. Can you analyze the cash flow of company X in 20x5? (Hint: Does compnay make enough cash for its
operation and meet all obiligations to paid for creditors and shareholder)
Note that: use the table 2 to solve the problem.
TABLE 3: STATEMENT OF CASH FLOWS
COMPANY X IN 20X5 (in millions VND)
CASH FLOWS FROM OPERATING ACTIVITIES
Net income
Depreciaion
Increase account receivalbes -70
Increase inventory -89
Increase other assets -12
Decrease account payables -86
Decrease wage payables -51
Increase other payables 51
Net cash flow from operating activities
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase fixed assets -219
Purchase market securities -53
Net cash flow from investing activies -272
CASH FLOWS FROM FINACING ACTIVIES
Borrow short-term debt 158
Addition to long-term debt 98
Dividend paid
Net cash flow from financing activites
Net change in cash flows
Cash, beginning 98
Cash, ending 180
Question 4: Discuss with your good friend in the group about above questions
Requirements:
- Submitting the individual assignment before 19:00 on the day before the lecture
- Submitting all assignments is based on the assignment and group through the Elearning.
