ACCOUNTING

Soalan 1 (Question 1) Berikut adalah Kunci Kira-Kira tahun 2015 dan 2014 yang diambil dari Rhodes Bakery Company. (The following balance sheet of 2015 and 2014 is taken from Rhodes Bakery Company) Disember (December) 31 Aset (Assets): 2015 2014 Aset Semasa (Current Assets): Tunai (Cash) RM 61,100 RM54,000 Akaun Belum Terima (Accounts Receivable) 22,500 17,500 Inventori (Inventory) 8,500 7,000 Lain-Lain Aset Semasa (Other Current Assets) 6.500 5,500 Jumlah Aset Semasa (Total Current Assets) 98,600 84,000 Aset Jangka Panjang (Long-Term Assets): Harta, Loji & Peralatan Bersin 744,900 25,000 (Property, Plant & Equipment, Net) Aset Tak Ketara (Intangible Assets) 211,250 225,000 Jumlah Aset (Total Assets) RM1.054.750 RM334,000 Liabilities Ekuiti Pemegang Saham ( Liabilities And Stockholders' Equity) Liabilitiesasa (Current Liabilities): Akaun Belum Bayar (Accounts Payable) RM 5,500 RM 4,500 Faedah Belum Bayar (Interest Payable) 500 500 Bahagian Semasa Hutang Jangka Panjang (Current Portion Of 15,000 Long-Term Debt) Cukai Pendapatan Belum Bayar (Income Tax Payable) 18,500 23,000 Jumlah Liabilitiesasa (Total Current Liabilities) RM 39,500 28,000 Liabilitiesgka Panjang (Long-Term Liabilities): Nota Belum Bayar (Notes Payable) 246.250 15,000 Jumlah Liabilitiesal Liabilities) 285,750 43,000 Ekuiti Pemegang Saham (Stockholders' Equity) 1Modal Berbayar Tambahan (Additional Paid-In Capital) 654,000 186,000 Pendapatan Tertahan (Retained Earnings) 92.500 70,000 Saham Perbendaharaan (Treasury Stock) (37,500) Jumlah Elcuiti Pemegang Saham (Total Stockholders' Equity) 769.000 291,000 Jumlah Liabilities Ekuiti Pemegang Saham (Total Liabilities And RM1.054.750 RM334.000 Stockholders' Equity) Dikehendaki (Required): (a) Kira misbah kecairan jangka pendek (Nisbah Semasa dan Nisbah Pantas) bagi tahun 2015 dan 2014 dan bundarkan jawapan anda kepada dua tempat perpuluhan. Berikan komen keatas kecairan jangka pendek syarikat. (Calculate the short-term liquidity ratios (Current Ratio and Quick Ratio) for 2015 and 2014 and round your answers to two decimal places. Give comment on the company's short-term liquidity). [7 markah/marks] (b) Sebahagian penyata pendapatan Rhodes Bakery Company ditunjukkan seperti di bawah dan akaun belum terima, inventori, dan jumlah aset pada 31 Disember, 2013 adalah RM18,500; RM 6,500; dan RM 325,000, masing-masing. Kirakan nisbah kecekapan (nisbah pusingganti akaun belum terima dan nisbah pusing ganti inventori) bagi tahun 2015 dan 2014. Bundarkan jawapan anda kepada dua tempat perpuluhan dan berikan komen anda terhadap nisbah kecekapan syarikat. (A portion of the Rhodes Bakery Company's income statements are shown as below and accounts receivable, inventories, and total assets as at December 31, 2013 were RMIS,500, RM6,500, and RM325,000, respectively. Calculate an efficiency ratios (accounts receivable turnover ratio and inventory turnover ratio) for 2015 and 2014. Round your answers to two decimal places and give your comment on the company's efficiency ratios.) Untuk tahun berakhir (For the years ended) 2015 2014 Jualan bersin (Net sales) RM475,000 RM387,500 Kos barang dijual (Cost of Goods Sold) 240,000 200.000 Untung kasar (Gross Profit) RM235,000 RM187,500 [8 markah/marks] 2