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11.2 The table below shows the balance sheet for the XYZ Company for the year 2015 ITEM (Tshs) FIXED ASSETS: Buildings Less depreciation of fixed
11.2 The table below shows the balance sheet for the XYZ Company for the year 2015 ITEM (Tshs) FIXED ASSETS: Buildings Less depreciation of fixed assets Total Fixed Assets CURRENT ASSETS: Accumulated profit 668,275,000 35,702,500 632,572,500 176,322,500 Stocks 20,000,000 50,000,000 246,322,500 Cash in Bank Net Current Assets TOTAL ASSETS 878,895,000 LIABILITIES: Owners Equity Term loan Current Liabilities TOTAL LIABILITIES 502,572,500 200,000,000 176,322,500 878,895,000 Based on the profit and loss statement you prepared in part 11.1 and the above balance sheet, perform financial analysis as far as the given data allow you. Comment on the financial health of the company for the year 2015
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