Access the Maaden home page and download the annual report of Maaden 2020 or You can directly access the annual report on the below link: Maaden - Annual Reports And Download Maaden Annual reports 2020. Instructions Use the 2020 Annual report of Maaden to answer the following questions:

1- . Different forms of business organizations are governed by different regulations. List and briefly explain the different forms of business organizations. Identify under which category of business organization the Maaden falls, support your answer from the annual report of Maaden 2020. [Marks (Words): 10(300)]

2- Measurement means the process of determining the monetary amount at which the elements of the financial statements are to be included in the balance sheet and income statement. The IASB Framework includes the four bases of measurement. Explain these four bases of measurement with example. Identify that which measurement bases is used by Maaden in preparing their financial statements? [Marks (Words): 10(300)]

3- IAS 16 Property, plant and equipment identifies and describes two different models of accounting for tangible non-current assets. Discuss the role of these two models for Maaden and describe the depreciation methods used by Maaden. [Marks (Words): 10(200)

] 4- The sources of company finances may be various and complicated. Equity capital is the main source of company finances, what are the different types of share capital, explain. Also identify the different forms of share capital from annual report of Maaden. [Marks (Words): 10(200)]

5- What is meant by financial ratios? Explain the objectives why financial ratios are calculated and what it portrays about the business. [Marks (Words): 10(200)]

6- Calculate the liquidity ratio and profitability ratio of Maaden for 2018 and 2020 and comment on its result. [Marks (Words): 10(100)]

7- Who is the external auditor of Maaden? Write the summary on the components of external auditors report and provide evidence from annual report of Maaden 2020. [Marks (Words): 10(200)]