Following are data from the statements of two companies (Al Othaim and Panda, Inc.) selling similar products: Income Statement Data for 2019 Al Othaim Panda, Inc. Net Sales $65.357 S408 214 Cost of Goods Sold 45.53 304.657 Selling and administrative expense 15.101 79,607 Interest expense 207 2.065 Other Income (Expense) (411 Income Tax Expense 1,384 7139 Net Income $2.45 $14,335 Ralance Sheets Data (End of 2019) Current Assets S18,424 $46.331 Non Current Assets 26,109 122.375 Total Assets $44,533 $170,706 Current Liabilities $11,327 SS5.561 Long-term Deht Total stockholders' Equity 71056 Total Liabilities and stockholders' Equity $44.13 $120.706 Beginning of 2019 Balances Total Assets 544,106 S163,429 Total steckboers' Equity 13,7126562 Current Liabilities 10.SI254,390 Total Liabilities 30.394 97.747 Other Data Average Net Accounts Receivable 57.525 $4,025 Average Inventory Net Cash Provided by Operating Activities Capital Expenditures 1,729 12,184 Dividends SERI 39 Required: Compare the Solvency, Liquidity and Profitability position of the two companies by Calculating current ratio, Account Receivable Turnover, Average Collection Period (In Days), Inventory Turnover, Days in Inventory, Current Cash Debt Coverage. Profit Margin, Asset Turnover, Return on Assets, Return on Common Stockholder's Equity, Debt to Assets, Times Interest Earned, Cash Debt Coverage and free Cash Flow. Then state which company you think is better in short-term and why (Interpretation) and under the assumption that each company's stock can be purchased at book value, state which company's stock you think is better to invest and why (Interpretation) Instructions: 1- Small Introduction about two Companies (Half to One Page) (0.25 Mark) - (Sources Provided Below) 2- Body - Ratio Analysis (6 Marks) 2.1 Include formulae 2.2 Calculate Ratios in Details 2.3 Fill the table with ratios (Answers of Ratios in Order) and Interpretation Ratio Al Othaim Panda, Inc. Interpretation IIIIIII 3- Compare the Solvency, Liquidity and Profitability for the two companies (Half Page) (3 Marks) 4- Small Conclusion (Half Page) (0.75 Mark) Sources for two companies (Al Othaim and Panda, Inc.); Al Othaim Market's Sources file:///C:/Users/Alasala/Downloads/IJBED-March-14- Mohammed Naquibur Rahmanl.pdf https://www.othaimmarkets.com/othaim? __store=en&_ from_store=en http://www.albilad- capital.com/Research English Report/OthaimQ417-EN.pdf https://english.mubasher.info/markets/TDWL/stocks/4001/profil Panda, Inc. Sources file:///C:/Users/Alasala/Downloads/IJBED-March-14- Mohammed Naquibur Rahman L.pdf https://careers.panda.com.sa/ https://www.savola.com/en/investments/retail- investments/savola-retail/panda-retail-company
