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anyone can answer, the experts not answered me Required words: 2000 words with 20% increasing or decreasing allowance Question 1 : The following information is
anyone can answer, the experts not answered me
Required words: 2000 words with 20% increasing or decreasing allowance Question 1 : The following information is taken from records of ABC Company: Items 2017 2018 Bank Short-Term Borrowings 479 13,315 Accounts & Notes Payable 289,313 271,468 Accrued Expenses 1,803 4,732 Dividend payable 0 1 Provisions 518 518 Other Current Liabilities 17,516 10,911 Other Long Term debt 58 55 Paid-in Capital 25,000 25,000 Legal Reserves 860 1,303 Retained Earnings (loss) (1,852) 1,515 Profit for the year 10,862 17,143 Time Deposits 651 3,225 Cash 34,689 64,746 Accounts & Notes Receivable (net) 42,317 81,295 4,775 8,762 Advances To Suppliers Due From Parent Company 246,730 158,928 Prepaid Expenses 173 340 Other Debit Balances 11,635 19,133 ory 2,951 8,796 Gross Fixed Assets 3,405 3,772 Accumulated Depreciation 2,770 3,035 Items 2017 2018 Selling & Marketing Expenses 2,075 1,839 General & Admin. Expenses 7,008 12,773 Provisions 1,655 58 Depreciation 230 265 FX Gain (Loss) (3,864) 1,132 Interest Income 1,798 7,333 Other Bank Charges 918 (,306 Income Taxes 5,863 5,617 Sales Revenue 457,110 695,557 COGS 426,434 665,021 Net Profit 10,862 17,143 1- Prepare financial statements (income statement and Balance sheet) 2- According to above information, answer the following questions: 1. The company's gross profit margin? 2. The company's net profit margin? 3. The company's return on assets? 4. The company's return on equity? 5. The company's assets turnover? 6. The company's Inventory turnover? 7. The company's days inventory on hand? 8. The company's receivable turnover? 9. The company's net working capital? 10. The company's current ratio? 11. The company's Quick ratio? 12. The company's average collection period? 13. The company's debt to equity? 14. The company's liability to assets? 15. The company's Equity to assets? 3- Makes recommendations to ABC company based on your analysis and interpretation of the financial positionStep by Step Solution
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