Assignment No 1 POF (Compatibility Mode] - Word Muhammad Jawad File Home Insert Draw Design Layout References Mailings Review View Help Tell me what you want to do Share Cut Find Times New Roma 12 A A Aa A : 3- T AaBb CcDc AabbCcDc AaBbc AaBbc AaBbc AaBbCcD AaBbCcD. 11 Normal 11 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em... Copy Format Painter Paste BI U abe X, X A aly A ac Replace Select Editing Clipboard Font Paragraph Styles Get genuine Office i GET GENUINE OFFICE Your license isn't genuine, and you may be a victim of software counterfeiting. Avoid interruption and keep your files safe with genuine Office today. Learn more X Q No.2: On 1 October 2019 Manny Kyoor and his wife formed a limited company. Kyoor Ltd. to run a beautician's business and each paid in $37500 as share capital. The bank loaned the company a further $80000 at 9% interest per annum. At 30 September 2020 the business's final accounts were drawn up as follows. Trading and Profit and Loss Accounts for the year Ended 30 September 2020 $350000 Sales and fees Less; Cost of sales Stock bought on 1 October 2019 Purchases $ 31500 280000 $311500 $66500 $245000 $105000 Stock at 30 September 2020 Gross Profit Less; Expenses Rent and Rates Advertising Wages Heat and Light Interest due Depreciation Net Profit $3950 1750 29000 5250 7200 12000 $59150 $45850 Page 4 of 13 1040 words LE Accessibility: Unavailable 100% 2:44 PM Type here to search | 0 T 32C o o la 11/15/2021 Assignment No 1 POF (Compatibility Mode] - Word Muhammad Jawad File Home Insert Draw Design Layout References Mailings Review View Help Tell me what you want to do Share Times New Roma 12 Aa A AJ Cut De Copy Format Painter Clipboard AaBbCcDc AaBbCcDc AaBbc AaBbc AaBbC AaBbCcD AaBbCcD 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em... Paste BI U abe X x at A Find ac Replace Select Editing Font Paragraph Styles NBV $124000 $36000 $160000 Balance Sheet as at 30 September 2020 Fixed Assets Cost Depreciation Premises $124000 Fixtures and Fittings $48000 $12000 $172000 $12000 Current Assets Stock $66500 Debtors $21500 $88000 Amounts to be settled within one year Creditors $21000 Interest due $7200 Bank $18950 $47150 $40850 $200850 Amount to be settled after more than one year Long term Loan $80000 $120850 Share capital and Reserves 75000 ordinary shares of $1 Retained Profit $75000 $45850 Page 4 of 13 1040 words LE Accessibility: Unavailable 96% Type here to search Pr 32C O 2:45 PM 11/15/2021 Assignment No 1 POF (Compatibility Mode] - Word Muhammad Jawad File Home Insert Draw Design Layout References Mailings Review View Help Tell me what you want to do Share Times New Roma 12 A A Aa A AJ T Cut De Copy Format Painter Clipboard AaBbCcDc AaBbCcDc AaBbc AaBbc AaBbC AaBbCcD AaBbCcD 11 Normal I No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em... Paste BI Uabe x, x aby A TE Find ac Replace Select Editing Font Paragraph Styles Industry average ratios and other relevant data concerning businesses similar to Kyogr Ltd were as follows. Gross Profit Margin 30.00% Net Profit Margin 18.07% Current Ratio 2.21:1 Liquid (Quick) Ratio 1.02:1 Stock Turnover Ratio 8 times Fixed Assets to Sales 50.18% Return on Total Assets 25.37% Return on Net Assets 34.93% Debtors' Payment Period 25 days (365 days) Creditors' Payment Period 30 days (365 days) a) Calculate each of the above ratios, to 2 decimal places, for Kyoor Ltd. Also calculate extended Du Pont ratio of Kyoor Lted **d b) Comment on the businesses performance in the light of the data for the industry. c) Note. It is not sufficient to say that a ratio is 'higher' or 'lower than an industry average- it must be made clear whether you think it is better or worse than the industry average and you must give reasons for your comments. Page 5 of 13 96% 1040 words LE Accessibility: Unavailable Type here to search O Pr 32C O 2:45 PM 11/15/2021 Assignment No 1 POF (Compatibility Mode] - Word Muhammad Jawad File Home Insert Draw Design Layout References Mailings Review View Help Tell me what you want to do Share Cut Find Times New Roma 12 A A Aa A : 3- T AaBb CcDc AabbCcDc AaBbc AaBbc AaBbc AaBbCcD AaBbCcD. 11 Normal 11 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em... Copy Format Painter Paste BI U abe X, X A aly A ac Replace Select Editing Clipboard Font Paragraph Styles Get genuine Office i GET GENUINE OFFICE Your license isn't genuine, and you may be a victim of software counterfeiting. Avoid interruption and keep your files safe with genuine Office today. Learn more X Q No.2: On 1 October 2019 Manny Kyoor and his wife formed a limited company. Kyoor Ltd. to run a beautician's business and each paid in $37500 as share capital. The bank loaned the company a further $80000 at 9% interest per annum. At 30 September 2020 the business's final accounts were drawn up as follows. Trading and Profit and Loss Accounts for the year Ended 30 September 2020 $350000 Sales and fees Less; Cost of sales Stock bought on 1 October 2019 Purchases $ 31500 280000 $311500 $66500 $245000 $105000 Stock at 30 September 2020 Gross Profit Less; Expenses Rent and Rates Advertising Wages Heat and Light Interest due Depreciation Net Profit $3950 1750 29000 5250 7200 12000 $59150 $45850 Page 4 of 13 1040 words LE Accessibility: Unavailable 100% 2:44 PM Type here to search | 0 T 32C o o la 11/15/2021 Assignment No 1 POF (Compatibility Mode] - Word Muhammad Jawad File Home Insert Draw Design Layout References Mailings Review View Help Tell me what you want to do Share Times New Roma 12 Aa A AJ Cut De Copy Format Painter Clipboard AaBbCcDc AaBbCcDc AaBbc AaBbc AaBbC AaBbCcD AaBbCcD 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em... Paste BI U abe X x at A Find ac Replace Select Editing Font Paragraph Styles NBV $124000 $36000 $160000 Balance Sheet as at 30 September 2020 Fixed Assets Cost Depreciation Premises $124000 Fixtures and Fittings $48000 $12000 $172000 $12000 Current Assets Stock $66500 Debtors $21500 $88000 Amounts to be settled within one year Creditors $21000 Interest due $7200 Bank $18950 $47150 $40850 $200850 Amount to be settled after more than one year Long term Loan $80000 $120850 Share capital and Reserves 75000 ordinary shares of $1 Retained Profit $75000 $45850 Page 4 of 13 1040 words LE Accessibility: Unavailable 96% Type here to search Pr 32C O 2:45 PM 11/15/2021 Assignment No 1 POF (Compatibility Mode] - Word Muhammad Jawad File Home Insert Draw Design Layout References Mailings Review View Help Tell me what you want to do Share Times New Roma 12 A A Aa A AJ T Cut De Copy Format Painter Clipboard AaBbCcDc AaBbCcDc AaBbc AaBbc AaBbC AaBbCcD AaBbCcD 11 Normal I No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em... Paste BI Uabe x, x aby A TE Find ac Replace Select Editing Font Paragraph Styles Industry average ratios and other relevant data concerning businesses similar to Kyogr Ltd were as follows. Gross Profit Margin 30.00% Net Profit Margin 18.07% Current Ratio 2.21:1 Liquid (Quick) Ratio 1.02:1 Stock Turnover Ratio 8 times Fixed Assets to Sales 50.18% Return on Total Assets 25.37% Return on Net Assets 34.93% Debtors' Payment Period 25 days (365 days) Creditors' Payment Period 30 days (365 days) a) Calculate each of the above ratios, to 2 decimal places, for Kyoor Ltd. Also calculate extended Du Pont ratio of Kyoor Lted **d b) Comment on the businesses performance in the light of the data for the industry. c) Note. It is not sufficient to say that a ratio is 'higher' or 'lower than an industry average- it must be made clear whether you think it is better or worse than the industry average and you must give reasons for your comments. Page 5 of 13 96% 1040 words LE Accessibility: Unavailable Type here to search O Pr 32C O 2:45 PM 11/15/2021