The following are the summarised financil statements of Wilson Hotels Ltd. The company own and operate five city center

[answerhappygod]

The Following Are The Summarised Financil Statements Of Wilson Hotels Ltd The Company Own And Operate Five City Center 1 (64.42 KiB) Viewed 25 times

The following are the summarised financil statements of Wilson Hotels Ltd. The company own and operate five city center budget hotels in Ireland Statement of Comprehensive Income For the Year ended October 31 2012 S Revenue Cost of goods sold Gross profit Operating expenses Operating profit Interest Net profit before tax tax Coropration Net profit after tax Dividends 2013 $ 13,851 4,590 9,261 5,607 3,654 560 3,094 850 2,244 800 10,090 3,210 6,880 4,523 2,357 650 1,707 490 1,217 700 Assets Non-current assets Current assets Inventories Receivables Prepayments Short-term investments Bank Total current assets Total assets Equity and liabilities Equity Share capital Share premium General reserve Retained profits Non-current liabilities Loans Current liabilities Statement of Comprehensive Income For the Year ended October 31 2013 Payables Accruals Taxation Bank Overdraft Total current liabilities Total equity and liabilities 21,968 227 165 12 50 0 454 22,422 11,500 174 1,560 786 14,020. 6,347 880 215 850 110 2,055 22,422 Notes Depreciation charged on non-current assets in existence at the year end amounting to $890,000.00 A loss on the sale of non-current assets amounting to $120,000. That assets had a book value of $320,000 when sold Required Prepare a statement of cash flows in accordance wit IAS 7 for the year ended October 2013 2012 19,995 225 185 10 75 220 715 20,710 10,608 0 560 642 11,810 7,520 760 120 490 10 1,380 20,710