Question
30. Bentara Bhd Statement of Financial Position for 2018 (RM in millions) Current assets Current Liabilities Cash 98 Account payable 344 Account Receivables 188 Notes
30.
Bentara Bhd | |||
Statement of Financial Position for 2018 | |||
(RM in millions) | |||
Current assets |
| Current Liabilities |
|
Cash | 98 | Account payable | 344 |
Account Receivables | 188 | Notes payable | 196 |
Inventory | 422 |
|
|
|
|
|
|
|
| Long term debt | 457 |
Fixed assets |
|
|
|
Net plant and equipment | 2,880 | Common stock | 550 |
|
| Retained earnings | 2,041 |
|
|
|
|
|
|
|
|
Total Assets | 3,588 | Total liabilities and owner's equity | 3,588 |
Bentara Bhd | |
Statement of Profit and Loss for 2018 | |
(RM in millions) | |
Sales | 2,311 |
Cost of goods sold | 1,344 |
Depreciation | 276 |
Earnings before interest and taxes | 691 |
Interest paid | 141 |
Earnings before taxes | 550 |
Taxes (34%) | 187 |
Net income | 363 |
Based on the financial statement, calculate the times interest earned.
Select one:
a. 4.9 x
b. 6.9 x
c. 5.9 x
d. 7.9 x
28.
The summarized statement of financial position for PPZ Sdn Bhd as follow:
Non-current assets RM600,000
Current Assets RM450,000
Total Assets RM1,050,000
Equity RM450,000
Non-current Liability RM -
Current Liability RM600,000
Total Liability & Equity RM1,050,000
Identify the working capital approach applied by PPZ Sdn Bhd.
Select one:
a. Conservative Approach
b. None of the above
c. Hedging Approach
d. Aggressive Approach
32.
Bentara Bhd | |||
Statement of Financial Position for 2018 | |||
(RM in millions) | |||
Current assets |
| Current Liabilities |
|
Cash | 98 | Account payable | 344 |
Account Receivables | 188 | Notes payable | 196 |
Inventory | 422 |
|
|
|
|
|
|
|
| Long term debt | 457 |
Fixed assets |
|
|
|
Net plant and equipment | 2,880 | Common stock | 550 |
|
| Retained earnings | 2,041 |
|
|
|
|
|
|
|
|
Total Assets | 3,588 | Total liabilities and owner's equity | 3,588 |
Bentara Bhd | |
Statement of Profit and Loss for 2018 | |
(RM in millions) | |
Sales | 2,311 |
Cost of goods sold | 1,344 |
Depreciation | 276 |
Earnings before interest and taxes | 691 |
Interest paid | 141 |
Earnings before taxes | 550 |
Taxes (34%) | 187 |
Net income | 363 |
Based on the financial statement provided, calculate the inventory turnover.
Select one:
a. 3.2 x
b. 4.8 x
c. 3.8 x
d. 4.2 x
31.
Internal comparison involves comparison of ratios of a firm with ratios of other firms in a similar industry
Select one:
a. False
b. True
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