Document Preview: AMX - Consolidated Balance sheets at Dec. 31 of year x2 x1
Cash and cash equivalents 17,210 10,380
Accounts receivable, gross 10,490 9,264
Less: Allowance for bad debts -1,840 -1,620
Accounts receivable, net 8,650 7,644
Raw materials inventories 770 620
Work in progress inventories 924 914
Finished goods inventories 1,102 936
Total inventories 2,796 2,470
Prepaid marketing costs 9,120 8,812
Held-for-trading investments 1,196 1,224
Total current assets 38,972 30,530
Plant and equipment, at cost 34,280 23,408
Less: Accumulated depreciation -19,010 -15,100
Plant and equipment, net 15,270 8,308
Land 8,900 7,120
Equipment under finance lease, net 6672 0
Goodwill, net 19,740 23,120
Available-for-sale investments 13,080 12,450
Held-to-maturity bonds 8652 8,800
Equity method investments (Delphia Corp.) 24,100 22,080
Other assets ? 10,820
Total assets 141,022 123,228
Accounts payable for raw materials 1,968 1,740
Current taxes payable 244 210
Salaries payable 5,500 4,860
Unearned revenue 14,030 12,388
Warranty liabilities 2,434 1,714
Other current liabilities 5,680 4,076
Current portion of long-term loan 1,000 1,000
Total current liabilities 30,856 25,988
Long-term loan 12,000 13,000
Lease liability 6974 0
Deferred tax liabilities 5,580 5,320
Other long-term operating liabilities ? 8,950
Share capital, at par €1 1,200 1,100
Share premium 26,020 26,020
Unrealized gains (losses) from AFS investments 380 -250
Retained profits 50,600 43,100
Total equity 78,200 69,970
Total liabilities & owners' equity 141,022 123,228
How much was prepaid in x2 for marketing costs? (4)
A. 9,180
B. 9,120
C. None of the above
D. 9,474
E. 9,166
During year x2, 13,500 of raw materials (RM) was used in production. Compute purchases
of RM.
A. 13,650
B. None of the above
C. 13,350
D. 13,422
E. 13,878
Compute the...