Calculate the following ratios for both 2021 and 2020 years: current ratio, quick ratio, debt to equity
Fantastic news! We've Found the answer you've been seeking!
Question:
current ratio, quick ratio, debt to equity ratio, debt ratio, gross profit ratio, net profit ratio, return on equity, return on total assets, Inventory turnover ratio, inventory turnover( number of days), Market value($), Return on shareholders equity.
Transcribed Image Text:
Current assets Cash and cash equivalents Trade and other receivables Prepayments Contract assets Inventories Other financial assets Assets held for sale Total current assets Non-current assets Contract assets Investments in associate and joint ventures Other financial assets Prepayments Exploration and evaluation assets Oil and gas assets Other land, buildings, plant and equipment Deferred tax assets Goodwill Total non-current assets Total assets Current liabilities Trade and other payables Contract liabilities Lease liabilities Interest-bearing loans and borrowings Current tax liabilities Provisions Other financial liabilities Liabilities directly associated with assets held for sale Total current liabilities Non-current liabilities Contract liabilities Lease liabilities Interest-bearing loans and borrowings Deferred tax liabilities Provisions Other liabilities Other financial liabilities Total non-current liabilities Total liabilities Net assets Equity Issued capital Reserves Accumulated losses Equity attributable to owners of Santos Limited Total equity Note 41 42 2.2(b) 4.3 5.5(g) 6.3 2.2(b) 6.4(b) 5.5(g) 3.1 3.2 2.4(d) 3.3 44 2.2(b) 36 5.1 3.5 5.5(g) 6.3 2.2(b) 3.6 5.1 2.4(d) 3.5 5.5(g) 5.3 5.4 5.4 2021 US$million 2,976 873 82 122 406 7 285 4,751 297 399 53 100 3,182 18,077 388 1,299 1,463 25,258 30,009 1,215 106 196 889 211 288 98 8 3,011 237 677 6,287 2,350 3,817 20 13,388 16,399 13,610 15,030 806 (2,226) 13,610 13,610 2020 US$million 1,319 560 39 23 288 29 438 2,696 106 413 24 2 1,818 10,925 248 1041 383 14,960 17,656 558 64 121 233 31 177 39 312 1.535 281 336 4,309 904 3,039 1 24 8,894 10,429 7,227 9,013 1,107 (2.893) 7227 7,227 Current assets Cash and cash equivalents Trade and other receivables Prepayments Contract assets Inventories Other financial assets Assets held for sale Total current assets Non-current assets Contract assets Investments in associate and joint ventures Other financial assets Prepayments Exploration and evaluation assets Oil and gas assets Other land, buildings, plant and equipment Deferred tax assets Goodwill Total non-current assets Total assets Current liabilities Trade and other payables Contract liabilities Lease liabilities Interest-bearing loans and borrowings Current tax liabilities Provisions Other financial liabilities Liabilities directly associated with assets held for sale Total current liabilities Non-current liabilities Contract liabilities Lease liabilities Interest-bearing loans and borrowings Deferred tax liabilities Provisions Other liabilities Other financial liabilities Total non-current liabilities Total liabilities Net assets Equity Issued capital Reserves Accumulated losses Equity attributable to owners of Santos Limited Total equity Note 41 42 2.2(b) 4.3 5.5(g) 6.3 2.2(b) 6.4(b) 5.5(g) 3.1 3.2 2.4(d) 3.3 44 2.2(b) 36 5.1 3.5 5.5(g) 6.3 2.2(b) 3.6 5.1 2.4(d) 3.5 5.5(g) 5.3 5.4 5.4 2021 US$million 2,976 873 82 122 406 7 285 4,751 297 399 53 100 3,182 18,077 388 1,299 1,463 25,258 30,009 1,215 106 196 889 211 288 98 8 3,011 237 677 6,287 2,350 3,817 20 13,388 16,399 13,610 15,030 806 (2,226) 13,610 13,610 2020 US$million 1,319 560 39 23 288 29 438 2,696 106 413 24 2 1,818 10,925 248 1041 383 14,960 17,656 558 64 121 233 31 177 39 312 1.535 281 336 4,309 904 3,039 1 24 8,894 10,429 7,227 9,013 1,107 (2.893) 7227 7,227
Expert Answer:
Answer rating: 100% (QA)
To calculate the ratios for both 2021 and 2020 well use the given financial information Here are the calculations for each ratio 1 Current Ratio The c... View the full answer
Related Book For
Understanding Financial Accounting
ISBN: 9781119715474
3rd Canadian Edition
Authors: Christopher D. Burnley
Posted Date:
Students also viewed these accounting questions
-
Exhibit 6-13 is from the Vancouver Fraser Port Authoritys 2013 financial report. Required: a. Calculate the following ratios for both the current and preceding year: i. Current ratio ii. Quick ratio...
-
Big Rock Brewery Inc. is Calgary-based public company. The company is a producer of all-natural craft beers and cider. Its products are sold in nine provinces and three territories in Canada. The...
-
Waterloo Brewing Ltd. is a Kitchener, Ontario based public company. The company is a producer and distributor of beer, cider, and other alcohol-based products. The company primarily serves the...
-
The probability that fewer than 35 people support theprivatization of Social Security A discrete random variable is given. Assume the probability of the random variable will be approximated using the...
-
What information is provided by the daily time sheet?
-
The KL Partnership is owned equally by Kayla and Lisa. Kaylas basis is $20,000 at the beginning of the tax year. Lisas basis is $16,000 at the beginning of the year. Assume partnership debt did not...
-
A damped single-degree-of-freedom system has an undamped natural frequency of \(20 \mathrm{rad} / \mathrm{s}\) and a damping ratio of 0.20. Design an active control system which achieves an undamped...
-
On January 1, 2014, Evers Company purchased the following two machines for use in its production process. Machine A: The cash price of this machine was $48,000. Related expenditures included: sales...
-
1) Who are the two sides involved in the case? Who is the defendant, and who is the plaintiff? 2) What is the issue that is being dealt with in the case? What Constitutional question does it deal...
-
The diagram below represents a process where two components are made at stations A1 and A2 (one component is made at A1 and the other at A2). These components are then assembled at station B and...
-
A device called a railgun uses the magnetic force on currents tolaunch projectiles at very high speeds. An idealized model of arailgun is illustrated in (Figure 1). A 1.2 V power supply isconnected...
-
An adjusted trial balance is a list of accounts and balances prepared after recording and posting adjusting entries. Financial statements are often prepared from the adjusted trial balance. Revenue...
-
Write the following systems as matrix equations: (a) x + 2xx3 = -7 5x + x + 3x= 2 - 3x + 2x = -9 3 (b) x + y + z = 1 /7 x + 2y + z 3 3x+4y+7z=6 Find A', B', (a A)', (AB)' if a=7 and 4 3 -[2]. 21 Now...
-
normal time (in minutes) and normal cost ($), and crash time (in minutes) and crash cost ($) is given for each task as follows: TASK NORMAL NORMAL CRASH TIME COST TIME 15 150 15 25 250 20 30 300 27...
-
Perform an analytical review (ratio analysis) comparing the financial statements for 2022 and 2021 and identify the key financial ratios and the key accounts that the audit team should pay greater...
-
c. Calculate the standard deviation of annual returns for AMZN, BUD, and the equally weighted portfolio of AMZN and BUD. d. Calculate the correlation coefficient for AMZN and BUD annual returns. e....
-
Customer 1 makes purchases in years 1, 2, and 3 at the rates 1.8, 2.5, and 3 times a year, respectively. They also purchase an average of $90, $95, and $100 per purchase, respectively. According the...
-
Calculate I, , and a for a 0.0175 m solution of Na 3 PO 4 at 298 K. Assume complete dissociation. How confident are you that your calculated results will agree with experimental results?
-
During a study session, one of your classmates states the following: If a company is unable to measure the degree of completion on a long-term contract, it must use the zero-profit method. With this...
-
In the middle of January 2025, Mark Mbeke, the owner of Mbekes Hardware Store, decided to expand the business by buying out a local lumberyard. To finance the purchase, Mark had to obtain financing...
-
On June 30, 2024, Kovacs Company borrowed $400,000 at a bank by signing a five-year, 10% loan. The terms of the loan require equal semi-annual principal payments plus interest beginning December 31,...
-
Using the fourth-order Runge-Kutta method, solve Problem 11.15. Data From Problem 11.15:- Using the second-order Runge-Kutta method, solve the differential equation \(\ddot{x}+1000 x=0\) with the...
-
Using the central difference method, find the response of the two-degree-of-freedom system shown in Fig. 11.2 when \(c=2, F_{1}(t)=0, F_{2}(t)=10\). Figure 11.2:- X1(t) -x2(t) F(1) k=2 -F2(t) k = 4...
-
Using the central difference method, find the response of the system shown in Fig. 11.2 when \(F_{1}(t)=10 \sin 5 t\) and \(F_{2}(t)=0\). Figure 11.2:- X1(t) -x2(t) F(1) k=2 -F2(t) k = 4 k2=6 00000...
Study smarter with the SolutionInn App