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 565,357 S408214 Cost of Goods Sold 45.51 304,657 Selling and administrative expense 15.101 79,607 Interest expense 707 2.065 Other Income (Expense) (411) Income Tax Expense 1,384 7,139 Net Income $2,488 $14,335 Balance Sheets Data (End of 2019) Current Assets S18,424 548,331 Non Current Assets 26,109122375 Total Assets $44,511 S170,706 Current Liabilities SI1,327 SSS 561 Long-term Debt Total eckholders' Equity 71.056 Total Liabilities and eckholders' Equity 544,533 S170,706 Beginning-of-2019 Ralances Total Assets 544,106 S163 429 Total kholders' Equity 13,712 65.682 Current Liabilities 10,51254190 Total Liabilities 30,394 97,747 Other Data Average Net Accounts Receivable $7,525 $4,025 Average Inventory 6,942 33 336 Net Cash Provided by Operating Activities 5,881 26.249 Capital Expenditures 1.729 12.184 Dividends 496 4,217 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
