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Item 4 of 14 The vendor has provided you with the financials of the business (click here to access the financials. You are now required to do some analysis and research on the financials (please only do this with the most recent results). 4261PRO2Q04: Comment on how the liquidity of the business has been trending? Type your answer here CPPREP4261: Appraise business for sale Tax return-key benchmarks for 2016-17 - Annual turnover range Key benchmark range $65,000 - $500,000 $500,001 - $2,000,000 More than $2,000,000 Cost of sales/turnover 31% -37% 33% -37% 31% -36% Average cost of sales 34% 35% 34% Total expenses/turnover 80% - 90% 86% - 93% 90% - 94% Average total expenses 85% 90% 92% Tax return-other benchmarks for 2016-17 Annual turnover range Benchmark range $65,000 - $500,000 $500,001 - $2,000,000 More than $2,000,000 Labour/turnover 18% -28% 23% -31% 27% -32% Rent/turnover 13% - 19% 9%- - 1496 7% - 10% Motor vehicle expenses /turnover 1% -2% 1% 0% Non-Current Assets Property, Plant and Equipment Punto cost Leated depreciation 0.11.13 15.01. 15,2015 16.00 11,35 Intangible Assets Good 5,704 00 95,700.00 95.709.00 Other Perry experts 50.00 300.00 Toulon Current Assets 117,200.62 114.573.26 Total Assets 156 134,114.05 Current Liabilities Current Tax Liabilities GST pe care out tax credit contract 17.11 02.345.00 25. 1457224 17.20 3.94 Total Current 25.01 3,994.04 Cationale Non-Current Liabilities Interest-Bearing Llabilities Unced 11003 110.000,00 1100 Total Morront 110.000 110,000.00 Total 35.000 104 Net 20.12.20 Balance Sheet Year Ending 30/06/2010 2010 2009 Proprietors' Funds 15,170.01 3,700.00 44.139.45 30,921.45 (7,357.85) Opening balance Capital contribution Het profit/ Les Drawings Total Proprietors' Funds 41,100.76 21,398.70 8.41.60 15,120.01 Represented by: Current Assets Cash Assets Cash bank Cash on and 16,136.66 300.00 16.436.66 10,005. 19 J00.00 10.305.19 Inventories 9.235.60 2.225.60 9.235.60 9.235.60 Other PAG ist 12,714.00 12.734.00 Total Current 39.106.26 19,540,79 Profit and Loss Statement Year Ending 30/06/2010 2010 5 2009 5 Income 34.000 0.0 Trading profit interest received Total income 234.021.30 1.55 234,0265 34.002.18 Expenses 27.27 35.13 2,000.00 7,555.78 5.06.13 2.235.70 16:50 1-02.00 11.55 3.987.75 2.14400 2.1456 Accountancy Advertising and promotion Back tees and charges Cleaning to waste removal Depreciation Insurance Internet Laundry lines Legal fees Licences Lt. Power Motor vehicle Packages Pest Control Poutage og story Quote 532 3320 991 . 700.00 3343 2.17.00 National 20 41,3314 3.03.08 2.180.90 19.12.10 1,374 went ou Repair mainance Heplace() Scans Soon Spec. Telenor Wages are 57.0 1.283.94 55455 12 7,770 2,124 W. 2.210.3 19.50 11.45 2.65623 1. Nutros Ondary cont before in te 0:37.25 Profit and Loss Statement Year Ending 30/06/2010 2010 2009 $ $ Trading Income Sales Total Trading Income 371.267.47 371,247.47 143,475.0 143,476,10 Cost of Sales Add: Opening Stock Purchase 9.235.60 139.514.17 148,749.77 70.955.15 70,955.15 Less: Goods for use Closing stock 2,250.00 9.235 60 2,250,00 9.225.60 11.485.60 11,485.60 Cost of Sales 137,264.17 59.469.55 Gross Profit from Tradine 234,023.30 34.006.75 Education