Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Financial Accounting 3 Assignment 2 [Compatibility Mode] - Word (Product Activation Failed) X File Home Insert Design Layout References Mailings Review View Tell me what

image text in transcribedimage text in transcribedimage text in transcribed

Financial Accounting 3 Assignment 2 [Compatibility Mode] - Word (Product Activation Failed) X File Home Insert Design Layout References Mailings Review View Tell me what you want to do... Sign in Share Find - Arial 11 - Aa - 2 T & Cut DE Copy Format Painter AaBBCode AaBbCcDc Aabbccdc AaBbc AaBbccl AaB Aabbccc AaBbccde Paste BIU abe x, X A-aly - A e- 1 Normal 11 Text box No Spacing Heading 1 Heading 2 Title Subtitle Subtle Em... ac Replace Select- Clipboard Font Paragraph Styles Editing EXTRACTS FROM THE STATEMENTS POF PROFIT OR LOSS TO 30 APRIL: Document Recovery Word has recovered the following files. Save the ones you wish to keep. 2019 2018 Available Files N$'000 N$'000 11,200 9,750 W] LIFE IS A GAMBLE (Original] Version created last time t... 1/1/1601 1:00 AM 6,825 Revenue Cost of sales Net profit before tax This is after charging: Depreciation 8,460 465 320 W] Question 3 [Original] Version created last time t... 1/1/1601 1:00 AM 360 280 Loan note interest 80 60 WQuestion 4 (Autosaved] Version created from the ... 6/20/2020 11:58 PM Interest on bank overdraft 15 9 Audit fees 12 10 wl Question 4 [Original] Version created last time t... 1/1/1601 1:00 AM STATEMENTS OF FINANCIAL POSITION AS AT 30 APRIL: 2019 2018 W Financial Accounting 3 A... Version created last time t... 1/1/1601 1:00 AM N$000 N$000 N$'000 N$000 Assets Non-current assets 1,850 1,430 ? Which file do I want to save? Current assets Close Inventories 640 490 Page 3 of 4 642 words ng 100% H Search for anything o e J' w a XM Desktop A4) 12:05 PM 6/22/2020 Financial Accounting 3 Assignment 2 [Compatibility Mode] - Word (Product Activation Failed) X File Home Insert Design Layout References Mailings Review View Tell me what you want to do... Sign in Share Find - Arial 12 - Aa - 2 T * Cut 5 Copy Format Painter AaBbccd. AaBbccdc AaBbccdc AaBbc Aabbcc. AaB Aabbccc AaBbcode 1 Text box No Spacing Heading 1 Heading 2 Paste B I U - abe x, x A-aly - A HE 11 Normal Title Subtitle ac Replace Select- Subtle Em... Clipboard Font Paragraph Styles Editing Document Recovery Word has recovered the following files. Save the ones you wish to keep 890 3.800 790 3,120 Total Equity and liabilities Available Files W] LIFE IS A GAMBLE (Original] Version created last time t... 1/1/1601 1:00 AM The following ratios are those calculated for By Fire By Force Company, based on its published accounts for the previous year and also the latest industry average ratios: W] Question 3 [Original] Version created last time t... 1/1/1601 1:00 AM By Fire By Force Co 30 April 2018 16.30% 3.90% Industry Average 18.50% 4.73% ROCE(Capital employed=equity and debentures) Profit/sales WQuestion 4 (Autosaved] Version created from the ... 6/20/2020 11:58 PM Asset turnover 4.19 3.91 Current ratio 2.14 1.90 1.52 1.27 wl Question 4 [Original] Version created last time t... 1/1/1601 1:00 AM 30.00% 35.23% 40 days Quick ratio Gross profit margin Accounts receivable collection period Accounts payable payment period Inventory turnover (times) Gearing 52 days 49 days W Financial Accounting 3 A... Version created last time t... 1/1/1601 1:00 AM 37 days 13.90 18.30 26.76% 32.71% ? Which file do I want to save? Close Required: Page 4 of 4 1 of 642 words ng 100% H Search for anything j w a XM Desktop A4 11:30 AM 6/22/2020 Financial Accounting 3 Assignment 2 [Compatibility Mode] - Word (Product Activation Failed) X File Home Insert Design Layout References Mailings Review View Tell me what you want to do... Sign in Share Find - Arial 12 - Aa - AJ T * Cut 5 Copy Format Painter . . 1 Text box No Spacing Heading 1 Heading 2 Paste B I U - abe x, x A-aly - A - 1 Normal Title Subtitle ac Replace Select- Subtle Em... Clipboard Font Paragraph Styles Editing Current ratio 2.14 1.90 Document Recovery Word has recovered the following files. Save the ones you wish to keep Quick ratio 1.52 1.27 35.23% Available Files Gross profit margin Accounts receivable collection period Accounts payable payment period Inventory turnover (times) Gearing 30.00% 40 days 37 days 52 days 49 days W] LIFE IS A GAMBLE (Original] Version created last time t... 1/1/1601 1:00 AM 13.90 18.30 26.76% 32.71% W] Question 3 [Original] Version created last time t... 1/1/1601 1:00 AM Required: WQuestion 4 (Autosaved] Version created from the ... 6/20/2020 11:58 PM a. Calculate comparable ratios (to two decimal places where appropriate) for By Fire By Force Ltd for the year ended 30 April 2019. All calculations must be clearly shown. (10) b. Write a report to your board of directors analyzing the performance of By Fire By Force Ltd, comparing results against the previous year and against the industry average (15) wl Question 4 [Original] Version created last time t... 1/1/1601 1:00 AM END W Financial Accounting 3 A... Version created last time t... 1/1/1601 1:00 AM TOTAL MARKS [50] ? Which file do I want to save? Close Page 4 of 4 1 of 642 words ng 100% H Search for anything e o ir w XM Desktop A4 11:30 AM 6/22/2020 Financial Accounting 3 Assignment 2 [Compatibility Mode] - Word (Product Activation Failed) X File Home Insert Design Layout References Mailings Review View Tell me what you want to do... Sign in Share Find - Arial 11 - Aa - 2 T & Cut DE Copy Format Painter AaBBCode AaBbCcDc Aabbccdc AaBbc AaBbccl AaB Aabbccc AaBbccde Paste BIU abe x, X A-aly - A e- 1 Normal 11 Text box No Spacing Heading 1 Heading 2 Title Subtitle Subtle Em... ac Replace Select- Clipboard Font Paragraph Styles Editing EXTRACTS FROM THE STATEMENTS POF PROFIT OR LOSS TO 30 APRIL: Document Recovery Word has recovered the following files. Save the ones you wish to keep. 2019 2018 Available Files N$'000 N$'000 11,200 9,750 W] LIFE IS A GAMBLE (Original] Version created last time t... 1/1/1601 1:00 AM 6,825 Revenue Cost of sales Net profit before tax This is after charging: Depreciation 8,460 465 320 W] Question 3 [Original] Version created last time t... 1/1/1601 1:00 AM 360 280 Loan note interest 80 60 WQuestion 4 (Autosaved] Version created from the ... 6/20/2020 11:58 PM Interest on bank overdraft 15 9 Audit fees 12 10 wl Question 4 [Original] Version created last time t... 1/1/1601 1:00 AM STATEMENTS OF FINANCIAL POSITION AS AT 30 APRIL: 2019 2018 W Financial Accounting 3 A... Version created last time t... 1/1/1601 1:00 AM N$000 N$000 N$'000 N$000 Assets Non-current assets 1,850 1,430 ? Which file do I want to save? Current assets Close Inventories 640 490 Page 3 of 4 642 words ng 100% H Search for anything o e J' w a XM Desktop A4) 12:05 PM 6/22/2020 Financial Accounting 3 Assignment 2 [Compatibility Mode] - Word (Product Activation Failed) X File Home Insert Design Layout References Mailings Review View Tell me what you want to do... Sign in Share Find - Arial 12 - Aa - 2 T * Cut 5 Copy Format Painter AaBbccd. AaBbccdc AaBbccdc AaBbc Aabbcc. AaB Aabbccc AaBbcode 1 Text box No Spacing Heading 1 Heading 2 Paste B I U - abe x, x A-aly - A HE 11 Normal Title Subtitle ac Replace Select- Subtle Em... Clipboard Font Paragraph Styles Editing Document Recovery Word has recovered the following files. Save the ones you wish to keep 890 3.800 790 3,120 Total Equity and liabilities Available Files W] LIFE IS A GAMBLE (Original] Version created last time t... 1/1/1601 1:00 AM The following ratios are those calculated for By Fire By Force Company, based on its published accounts for the previous year and also the latest industry average ratios: W] Question 3 [Original] Version created last time t... 1/1/1601 1:00 AM By Fire By Force Co 30 April 2018 16.30% 3.90% Industry Average 18.50% 4.73% ROCE(Capital employed=equity and debentures) Profit/sales WQuestion 4 (Autosaved] Version created from the ... 6/20/2020 11:58 PM Asset turnover 4.19 3.91 Current ratio 2.14 1.90 1.52 1.27 wl Question 4 [Original] Version created last time t... 1/1/1601 1:00 AM 30.00% 35.23% 40 days Quick ratio Gross profit margin Accounts receivable collection period Accounts payable payment period Inventory turnover (times) Gearing 52 days 49 days W Financial Accounting 3 A... Version created last time t... 1/1/1601 1:00 AM 37 days 13.90 18.30 26.76% 32.71% ? Which file do I want to save? Close Required: Page 4 of 4 1 of 642 words ng 100% H Search for anything j w a XM Desktop A4 11:30 AM 6/22/2020 Financial Accounting 3 Assignment 2 [Compatibility Mode] - Word (Product Activation Failed) X File Home Insert Design Layout References Mailings Review View Tell me what you want to do... Sign in Share Find - Arial 12 - Aa - AJ T * Cut 5 Copy Format Painter . . 1 Text box No Spacing Heading 1 Heading 2 Paste B I U - abe x, x A-aly - A - 1 Normal Title Subtitle ac Replace Select- Subtle Em... Clipboard Font Paragraph Styles Editing Current ratio 2.14 1.90 Document Recovery Word has recovered the following files. Save the ones you wish to keep Quick ratio 1.52 1.27 35.23% Available Files Gross profit margin Accounts receivable collection period Accounts payable payment period Inventory turnover (times) Gearing 30.00% 40 days 37 days 52 days 49 days W] LIFE IS A GAMBLE (Original] Version created last time t... 1/1/1601 1:00 AM 13.90 18.30 26.76% 32.71% W] Question 3 [Original] Version created last time t... 1/1/1601 1:00 AM Required: WQuestion 4 (Autosaved] Version created from the ... 6/20/2020 11:58 PM a. Calculate comparable ratios (to two decimal places where appropriate) for By Fire By Force Ltd for the year ended 30 April 2019. All calculations must be clearly shown. (10) b. Write a report to your board of directors analyzing the performance of By Fire By Force Ltd, comparing results against the previous year and against the industry average (15) wl Question 4 [Original] Version created last time t... 1/1/1601 1:00 AM END W Financial Accounting 3 A... Version created last time t... 1/1/1601 1:00 AM TOTAL MARKS [50] ? Which file do I want to save? Close Page 4 of 4 1 of 642 words ng 100% H Search for anything e o ir w XM Desktop A4 11:30 AM 6/22/2020

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions