Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Compute and analyze trend analysis of the company.Also write the observations. Please solve it as soon as possible. EXHIBIT 2: BALANCE SHEET (IN THOUSANDS) 2012-13

Compute and analyze trend analysis of the company.Also write the observations. image text in transcribed
image text in transcribed
Please solve it as soon as possible.
EXHIBIT 2: BALANCE SHEET (IN THOUSANDS) 2012-13 2013-14 2014-15 Assets 1,900 2,500 4,700 Fixed assets (net of depreciation) Current assets Cash and cash equivalents Accounts receivable Inventories 40 300 320 100 1,500 1,500 106 2,100 2,250 Total Equity & Liabilities 2,560 5,600 9,156 Equity share capital (shares of 10 each) Reserve & surplus Long-term borrowings Current liabilities 1,200 364 736 260 1,600 1,036 1,236 1,728 2,000 1,876 2,500 2,780 Total 2,560 5,600 9,156 Company's audited financial statement

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Audit Guide For Beginners Understanding Fiduciary Responsibilities

Authors: Oren Rohleder

1st Edition

B0B1M56DMY, 979-8829314019

More Books

Students also viewed these Accounting questions