Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Consider the information for AGL provided in the two tables below and answer the following questions. (Note: numbers in red are negative) Balance Sheet $'m

image text in transcribedimage text in transcribedimage text in transcribed Consider the information for AGL provided in the two tables below and answer the following questions. (Note: numbers in red are negative) Balance Sheet $'m 2021 2020 cash 88 141 Receivables 1,889 1,571 Inventory 418 400 Other assets 1,280 1,010 Total Current Assets 3,675 3,122 Inventory 46 59 Financial Assets & Inevestments 950 688 Plant 6,283 6,640 Intangibles 3,302 3,638 Other assets 1,194 460 Total Non- Current Assets 11,775 11,485 Total Assets 15,450 14,607 Trade payables 1,838 1,351 Borrowings 305 38 Other liabilities 832 999 Total Current Liabilities 2,975 2,388 Debt 2,880 3,070 Other liabilities 4,089 1,177 Total non- current liabilities 6,969 4,247 Total Liabilities 9,944 6,635 Net Assets 5,506 7,972 Issued Capital 5,601 5,603 Reserves 20 (80) Retained earnings (115) 2,449 Total Equity 5,506 7,972 P&L $'m 2021 2020 Revenue 10,942 12,160 Other income 130 17 Expenses (12,798) (9,864) EBITDA (1,726) 2,313 Depreciation & Amortisation (707) (720) EBIT (2,433) 1,593 Interest (224) (179) NPBT (2,657) 1,414 Tax 599 (407) Net Profit After Tax (2,058) 1,007 Required a. To 2 decimal places calculate the current ratio for AGL in 2021. (1 mark) b. In percentage terms and to 2 decimal places calculate the leverage ratio for AGL for 2021. (1 mark) c. Calculate the net profit margin for AGL in 2021 in percentage terms to 2 decimal places. (1 mark) d. Calculate the return on assets for AGL over 2021 in percentage terms to 2 decimal places. (1 mark) e. Calculate the return on equity for AGL over 2021 in percentage terms to 2 decimal places. (1 mark) f. Calculate the days receivable for AGL over 2021 in percentrage terms to 2 decimal places. (2 marks)

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

More Books

Students also viewed these Accounting questions

Question

Do I make impulse purchases during my surfing sessions?

Answered: 1 week ago