Can you answer me question 1 part g
Mailings Review View 2 T AaBbCcDdEe AaBbCcDdEe AaBbCD AaBbccde A Normal No Spacing Heading 1 Heading 2 Question one [100 marks] You are a loan officer for Best Essex Bank, ASOS PLC has applied for a 1 million loan from Best Essex Bank. As part of your loan processing work, you have been presented with income statement and balance sheet of ASOS PLC below: ASOS PLC income statement For the year to 31 August 2019 Yearte 31 Aug 2018 None 3 Year to 31 August 2010 Em 2,733.5 (1,399.2) 1,334.3 (415.6) (883.6) 35.1 2,4173 11,1802) 1,2371 (380.81 1754.4 1019 4 Revenue Cost of sales Gross profit Distribution expenses Administrative expenses Operating profil Finance Income Finance expense Profit before tax Income tax expense Profit for the year 6 0.3 7 (2.0) 33.1 10.2) 102.0 (19.61 8 (8.5) 24.6 24.6 82.4 Profit for the year attributable to owners of the parent company 18 Nel translation movements offset in reserves Net for value foul/gain on derivative financial instruments Income tax relating to these items Other comprehensive (lessl/income for the year! Total comprehensive income for the year attributable to owners of the parent company (0.8) (14.91 2.3 (12.01 11.7 0.3 67.7 [12.81 55.2 Earnings per share attributable to the owners of the parent company during the year Borse per shore Diluted per shore 29.4p 29.4p 98.9p 98.0p Focus MacBook Air sessment Paper 2020, IA104-3-FY, Introduction to Business Management Compatibility Mode - Saved to my Mailings Review View BE 21 AaBbcode AaBbcode AaBbCcD AaBbCcDdE AaB Normal No Spacing Heading 1 Heading 2 Title As at 31 August 2019 M 31 August 2011 ta 31 A2000 10 11 Non-currenlose Good Other intangibles Property, plant and equipment Derivancial 1.1 325.1 296.0 0.1 623.3 1.1 2569 241.6 12 18 5034 Current on 4076 13 536.8 72.0 11.0 Trade and other receivables Derivative financial Cash and cash equivalent Current local 10.7 27 14 2.6 623.2 503.6 15 1549.71 14 Currenties Trade and other payables Cash and chequivalent Borowings Derivative financiaobily Current los libility (669.0) (15.5) 75.01 112.71 15.31 13.01 5580 1772.21 [149.0 Neteweren lille 16 (12.61 Nen-curren bildes Deferred to by Derivative financie bly 18 18.21 12.01 11021 4388 (197) 453.6 Net net 2. 6. wa 20 69 1.0 7.5 Equity attributable to owners of the parent Colled up whore copil Shore premium Employee Benel Trul reserve Hedging reserve Translation reserve Rated coming Total equity 2.2) 449.5 453.6 412.1 438.8 Focus Alternative Assessment Paper 2020, 1104-3-FY, Introduction to Business Management - Compatibility Mode - Saved to my Mac ign Layout References Mailings Review View 12 ' Aa Ap 21 Adte Aceste AaBb Heading IAIO Task: For the year ended 31 August 2018 and 31 August 2019, calculate ratios a) to f) (show your workings) a) Gross profit margin (6 marks) b) Net profit margin (6 marks) c) Current ratio (6 marks) d) Quick ratio (6 marks) e) Gearing (6 marks) f) Interest cover (6 marks) g) By interpreting ratios you calculated in parts a) to f) for the years 2018 and 2019, recommend whether Best Essex Bank should (not) lend 1 million to ASOS PLC. (64 marks) Your answer must be around 750 words. References are not required. English (United Kingdom Focus MacBook Air SUS DW DO 80 3 3# DE $ 4
