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Find ANY 2019 financial statements from ANY company which is available online (you can use google image to make the search process easier). Please make

Find ANY 2019 financial statements from ANY company which is available online (you can use google image to make the search process easier). Please make sure that there are detailed elements breakdowns of Current Assets, Non Current Assets, Current Liabilities, Non Current Liabilities, Shareholders capital, Operation Expenses and Revenues etc are present in the Financial Statements. From the financial statements, you are required to: Question 1 (CLO1) a) Identify the basic elements of the Statement of Financial Position. Compare the liquidity ratios, activity ratios, debt ratios and profitability ratios of the company. (15 marks) b) Based on the calculations, explain the performance of the company for the year 2019.

Question 2 (CLO2) Assume that the company has been offered with two projects, Project A and Project B, where both projects A and B need initial investments of RM 50,000 and RM 120,000 respectively. Project A is expected to reap a yearly income of RM 15,000, RM 18,000, RM 24,000, RM 36,000 and RM 40,000 and Project B is expected to get a steady income of RM 8,000 annually throughout the next five years. Using the Payback Period and Net Present Value capital budgeting techniques, decide which project should the management accept. Is the decision viable? Discuss.

Question 3 (CLO3) (a) Using the selected project range of income flows and initial investments mentioned in Question (2) above, and using the Present Value Annuity Table, find the estimated NPV if the IRR is given 9% and n = 5 years. (b) (15 marks) (c) Explain if the management had made the right decision in (b) above. You can elaborate your answer with facts and examples.

Question 4 (CLO4) a) Lets assume that the company has decided to raise funds by issuing bond and you are planning to invest in the companys bond that has an annual interest payment of 17%. If the maturity period is 15 years, calculate the value of the bond if it yields 8%, 12% and 18% respectively. (15 marks) b) Elaborate the relationship between the coupon rate, the yield, the par value and the bonds value. Your answer should be as creative as possible. You can illustrate your answer with a table.

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