Show all workings, round all your answers to the nearest second…
Question Answered step-by-step Show all workings, round all your answers to the nearest second… Show all workings, round all your answers to the nearest second decimal Question 1 1. Given the following statement of Comprehensive Income of XYZ Company Calculate and briefly discuss the financial position of the company based on each financial ration. XYZ Company Statement of Comprehensive Income for the year ended 31 December: 2018 2017 Sales (all credit) 1 672 400 1 574 800 Cost of sales (all credit) (878 700) (812 600) Gross profit 793 700 762 200 Operating expenses: (487 900) (466 600) Selling, general and administrative Other expenses 396 300 91 600 371 200 95 400 Operating profit 305 800 295 600 Other income: 2 700 3 300 Interest income 2 700 3 300 Profit before interest 308 500 298 900 Interest expense (11 100) (10 900) Profit before tax 297 400 288 000 Company tax (74 350) (72 000) Profit after tax 223 050 216 000 Calculate the following ratios for 2018 and 2017 financial year and comment on your answer. Profitability Ratios 1.1. Profit Margin Ratio (5) 1.2. Gross Margin Ratio (5) 1.3. Return on Asset (5) 1.4. Return on Equity (5) QUESTION22. Given the following statement of Financial Position XYZ Company Calculate and briefly discuss the financial position of the company based on each financial ration. XYZ Company Statement of Financial Position as at 31 December: Assets 2018 2017 Non-current assets 814 300 783 000 Current assets: 637 900 606 600 Inventories Accounts receivable Cash and cash equivalents 231 200 289 100 117 600 203 000 277 800 125 800 Total assets 1 452 200 1 389 600 Equity and liabilities Equity 653 100 628 900 Ordinary share capital (600 000 shares) 600 000 600 000 Retained earnings 53 100 28 900 Non-current liabilities 323 700 378 800 Current liabilities 475 400 381 900 Accounts payable 108 100 100 800 Other current liabilities 367 300 281 100 Total Equity and liabilities 1 452 200 1 389 600 Calculate the following Ratios for 2018 and 2017 financial year and interpret the results. Liquidity Ratios 2.1. Current Ratio (5) 2.2. Acid test Ration (Quick Ratio) (5) 2.3. Inventory Turnover Ratio (5) QUESTION3 3 Calculate the following Ratios for 2018 and 2017 financial year and interpret the results. Security Market Ratio 3.1. Earnings per Share (5)3.2 Dividends per Share (5) PLEASE SHOW ALL THE STEPS Business Management Project Management BUSINESS PCM518 Share QuestionEmailCopy link Comments (0)
