6:32 Motu 6 Photos Select QUESTION 1 [30 Marks Laila sells copper cups in the UK and has provided the following financial information from her accounting records after the production of her Income Statement for the year ended 31 December Year 3. You are to carry out an analysis of the company's financial performance in Year 3. Notes: i. 30% of goods were sold on credit. ii. all goods were purchased on credit. LAILA'S COPPER CUPS Selected financial data af 31 December Year 3 Sales Reven Sales Revena Reum Opening en Cineret NET Prethe Year Trade Pays Trade Receivables Property Cost Machinery and Tools Cos) Provision for Depreciation on Machinery and Tools (January Drawings depreciated Equipment Couble in your Bank L Preise for Detalhes ( 5.000 y Year 1.1 Complete the ratio table below by inserting the relevant information for Year 3. Suggest one possible reason for the difference in cach of the ratios below (you should give a different reason for each ratio) 10 Marks Ratio Year 2 Year 3 Possible Reason for Difference 6:28 AM .. giffgaff 4G 2:00 PM 184% x UG03 AB Final Assessment V3... ... UG03 AB Final Assessment V3 Uploaded... Question 2 [15 Marks 2.1 Suggest one way in which any business could improve each of the following ratios (you should give a different suggestion for each ratio). 14 Marks a) Trade Receivables Period. 2 marks Type your here 6:32 Motu 6 Photos Select QUESTION 1 [30 Marks Laila sells copper cups in the UK and has provided the following financial information from her accounting records after the production of her Income Statement for the year ended 31 December Year 3. You are to carry out an analysis of the company's financial performance in Year 3. Notes: i. 30% of goods were sold on credit. ii. all goods were purchased on credit. LAILA'S COPPER CUPS Selected financial data af 31 December Year 3 Sales Reven Sales Revena Reum Opening en Cineret NET Prethe Year Trade Pays Trade Receivables Property Cost Machinery and Tools Cos) Provision for Depreciation on Machinery and Tools (January Drawings depreciated Equipment Couble in your Bank L Preise for Detalhes ( 5.000 y Year 1.1 Complete the ratio table below by inserting the relevant information for Year 3. Suggest one possible reason for the difference in cach of the ratios below (you should give a different reason for each ratio) 10 Marks Ratio Year 2 Year 3 Possible Reason for Difference 6:28 AM .. giffgaff 4G 2:00 PM 184% x UG03 AB Final Assessment V3... ... UG03 AB Final Assessment V3 Uploaded... Question 2 [15 Marks 2.1 Suggest one way in which any business could improve each of the following ratios (you should give a different suggestion for each ratio). 14 Marks a) Trade Receivables Period. 2 marks Type your here