QUESTION:1 Draw a trial balance of john ltd and post the following items; ₦ Purchase 10,000
Capital 30,000
Land and building 6,500
Machinery 4,200
Wages 300
Sales 8,000
Stock 4,000
Insurance 600
Drawings 2,000
Rent receivable 4,000
Rent 3,500
Bill payable 2,100
Bill receivable 1,400
Profit Bought Forward ¬¬¬ 1,500
Equipment 13,000
Cash 4000
Bank 8,500
Creditors 10,000
Debtors 6,800
Carriage outward 300
Return inward 400
Return outward 300
Loan 5,000
Interest on loan 600
Bank overdraft 1,000

What are the forecasted levels of the line of credit and special dividends? (hints: create a column showing the ratios for the current year; then create a new column showing the ratios used in the forecast. also, create a preliminary forecast that doesn’t include any new line of credit or special dividends. identify the financing deficit or surplus in this preliminary forecast and then add a new column that shows the final forecast that includes any new line of credit or special dividend.) now assume that the growth in sales is only 3%. what are the forecasted levels of the line of credit and special dividends?

What is an equation of the line in slope intercept formm = 4 and the y-intercept is (0,5)y = 4x-5y = -5x +4y = 4x + 5y = 5x +4

You are the cfo of a u.s. firm whose wholly owned subsidiary in mexico manufactures component parts for your u.s. assembly operations. the subsidiary has been financed by bank borrowings in the united states. one of your analysts told you that the mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. what actions, if any, should you take