Answered step by step
Verified Expert Solution
Question
1 Approved Answer
3. The company is established with authorized capital-650000 AZN. Hired personnel with total monthly salary-20000 AZN. Rented office - 5000 AZN. Obtained equipment-17000 AZN.
3. The company is established with authorized capital-650000 AZN. Hired personnel with total monthly salary-20000 AZN. Rented office - 5000 AZN. Obtained equipment-17000 AZN. Installation request expenses-3000 AZN. Depreciation - 600 AZN per month. Taken short-term credit from bank -120000 AZN by 24% per year. Acquired goods-250000 AZN, but paid to suppliers 80% of the price. During the month company sold 150000 AZN goods with 50% mark-up. Customers paid 80% of the price. Utility expenses -1000 AZN. Tax from sales - 4%. Let us assume that after review of the prepared business reports, Samad asked you to evaluate the business on the base of the above data. As a business analyst you are required a) To provide ratio analysis on the ability of the company to cover its obligations within short-term period (4 points) b) To evaluate the company's performance and profitability using the resources, obligations and capital of the company (4 points) c) To give recommendations on the base of the conducted analysis (2 points)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started