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-   -   How to calculate total assets from income statement? (https://www.askmehelpdesk.com/showthread.php?t=453893)

  • Mar 3, 2010, 11:10 AM
    Sweet J
    How to calculate total assets from income statement?
    I was given a question,,

    They gave us a forcast income statement for the nxt 5 yrs,,

    These income statements includes the following respectively:
    Revenue
    Purchase and change in inventory
    Labour
    Operating tax
    Other changes
    Total expense to be paid
    Ebitda
    Amortization and depreciation
    Ebit

    Other information

    Acquisition of tangible assets
    Normative corporate income tax

    The third table:
    Net capital investment
    Working capital
    Change in working capital

    I want to find out the total assets in order to get ROCE which stands for return on capital employed,,

    If u help me to answer this question tell how to find the ROCE , h have to submit the answer before 11 pm o'clock eastern timing
  • Mar 3, 2010, 11:13 AM
    Sweet J

    If u please help me am very depressed,,

    Am studying in dubai that's y I need to know how to solve it in order to submit it before 11 o'cloch
  • Mar 5, 2010, 01:30 AM
    morgaine300

    This is not a site where you can expect answers at the last minute. Everyone here is volunteers who come here when they can. No one person can get to everything (nor should they have to), and some people only pop in occasionally. You have to watch out for your own deadlines.

    There really isn't sufficient information there anyway. It may be something that can be solved using the working capital info, but no way to tell without seeing everything. Assets are not outright given, meaning there has to be some back door into it.

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