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ANSWERS SHOULD BE TYPED. PLEASE ANSWER ASAP Sirap Pandan Sdn. Bhd. has gathered its balance sheet for years 2018 and 2019 as shown below: 2018
ANSWERS SHOULD BE TYPED. PLEASE ANSWER ASAP
Sirap Pandan Sdn. Bhd. has gathered its balance sheet for years 2018 and 2019 as shown below: 2018 2019 RM Current assets: RM Cash 220,000 290,000 Accounts receivable 80,000 170,000 100,000 140,000 Inventory Non-current assets: 400,000 300,000 Furniture Total Assets Current liabilities: 800,000 900,000 160,000 200,000 80,000 100,000 Accounts payable Accrued expenses Long term debt Equity Total Liabilities and Equity 180,000 380,000 800,000 180,000 420,000 900,000 You are required to: (a) Calculate the net working capital for 2018 and 2019. (6) (b) Calculate the current ratio for 2018 and 2019. (6) (c) Based on your answer in (a) and (b) above, what can you conclude about the company's liquidity position? (4) (d) Explain the relationship between a company's liquidity and its returns. (4) (Total / Jumlah: 20 )Step by Step Solution
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