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1 . A Part 1 XYZ reported the following financial data over a 5-year period. (3 versions) 2018 2019 2020 Income 399000 399550 412600 stol

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1 . A Part 1 XYZ reported the following financial data over a 5-year period. (3 versions) 2018 2019 2020 Income 399000 399550 412600 stol 174000 Gross profit 178600 181400 126000 Other expenses 132000 135700 Required (2 Marks) 1. Prepare a trend analysis of the data using 2018 as the base year. 2. Interpret your results. B: Part 2 The following ratios were calculated, evaluate the entity's liquidity. (2 Marks) C part3 The following information has been extracted from the financial statements and the notes of XYZ Ltd. 2020 2019 8275 8975 Cash assets Marketable securities 26750 25075 18125 18475 Receivables Inventories ? 41700 Prepaid expenses 1050 1575 75000 64675 Property, plant and equipment Current liabilities Revenue (sales on credit) ? 40125 237650 225725 Cost of sales 142675 133200 2020 2019 Cash assets B275 8975 Marketable securities 26750 25075 Receivables 18125 18475 Ynventories ? 41700 1050 1575 75000 64675 Prepaid expenses Property, plant and equipment Current liabilities Revenue (sales on credit) ? 40125 237650 225725 Cost of sales 142675 133200 current ratio 2.2 quick ratio 1.2 Required (2 Marks) Calculate the following for 2020 to one decimal place: 1 Current liabilities (2020) 2. Inventories (2020) 3. receivables turnover ratio 4. average collection period of accounts receivable

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