Question
Formula 1)Current ratio Current asset/ Current liabilities 2)Acid test ratio Cash + short-term investment+ account receivable(net) / Current liabilities 3)Account receivable turnover Net credit sales/
Formula | |
1)Current ratio | Current asset/ Current liabilities |
2)Acid test ratio | Cash + short-term investment+ account receivable(net) / Current liabilities |
3)Account receivable turnover | Net credit sales/ Average net account receivable |
4)Inventory turnover | Cost of goods sold/Average inventory |
5)Profit margin | Net income/Net sales |
6)Asset turnover | Net sales/Average total asset |
7)Return on asset | Net income/ Average total asset |
8)Return on common stockholders equity | Net income/Average common stockholder equity |
9)Earning per share | Net income Dividend/ Weighted -average common share outstanding |
10)Price earnings ratio | Market price per share of stock/ Earning per share |
11)Pay-out ratio | Cash dividend/Net income |
12)Debt to asset ratio | Total debt/ Total asset |
13)Times interest earned | Income before taxes and interest expense/Interest expense |
I want answers for ratio and must follow the formula above and also interpretation
STATEMENTS OF COMPREHENSIVE INCOME FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 Group 2019 2018 RM'000 RM'000 Company 2019 2018 RM1000 RM1000 Note 8 Revenue 4 2,361,058 2,217,049 10,047 61,099 Cost of sales (1,620,671) (1,518,432) Gross profit 740,387 698,617 10,047 61,099 Other operating income 143,059 122,667 Selling and distribution expenses (645,850) (642,803) Administrative and other operating expenses (117,333) (94,714) (1.288) (1,022) Profit from operations 5 120.263 83,767 8,759 60,077 Finance costs 7 (43,610) (9,908) (3,642). (4,436) Profit before tax 76,653 73,859 5,117 55,641 Income tax (expense)/credit (22,569) (22,529) 10 (24) Profit after tax 54,084 51,330 5,127 55,617 Other comprehensive income not to be reclassified to profit or loss in subsequent year: Revaluation of land and buildings 9, 10 1,010 2,513 Taxation 26 (193) (2,145) Total other comprehensive income (net of taxation) 817 368 Total comprehensive income for the financial year 54,901 51,698 5,127 55,617 Profit after tax attributable to: Equity holders of the Company 54,058 51,307 5,127 55,617 Non-controlling interest 54,084 51,330 5,127 55,617 Total comprehensive income attributable to: Equity holders of the Company 54,875 51,675 5,127 55,617 Non-controlling interest 26 23 54,901 51,698 5,127 55,617 Basic/diluted earnings per share (sen) 37 4.74 4.57 The accompanying accounting policies and explanatory notes form an integral part of the financial statements. 26 23 STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2019 Note Group 2019 RM"000 2018 RM'000 323,982 Assets Non-current assets Property, plant and equipment Right-of-use assets Investment property Intangible assets Other investment Sundry receivables 338,129 608,530 10(a) 11 12 14 15 400 34,289 29,390 28,000 14,533 1,018,582 33,695 392,367 Current assets Inventories Sundry receivables Cash and bank balances 16 15 17 231,330 75,900 96,207 403,437 1,422,019 224,682 59,770 72,548 357,000 749,367 Total assets Equity and liabilities Equity attributable to equity holders of the Company Share capital Treasury shares Capital reorganisation deficit Assets revaluation reserve Retained profits 18 19 20 21 22 1,485,138 1,485,138 (128,928) (161,941) (1,343,248) (1,343,248) 41,969 41,152 46,985 71,208 101,916 92,309 195 169 102,111 92,478 Non-controlling interest Total equity Non-current liabilities Provisions Borrowings Lease liabilities Contract liabilities Deferred tax liabilities 23 7,742 44,611 24 10(b) 28 26 9,804 25,200 530,520 4,549 9,872 579,945 1,520 18,850 72,723 STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2019 Group 2019 RM'000 2018 RM'000 Note 249 127,303 Current liabilities Provisions Borrowings Lease liabilities Trade payables Other payables Contract liabilities Taxation 23 24 10(b) 27 28 28 529 124,200 76,592 403,259 129,449 2,510 3,424 739,963 1,319,908 1,422,019 345,735 107,114 1,699 2,066 584,166 656,889 749,367 Total liabilities Total equity and liabilities STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2019 Company 2019 2018 RM'000 RM'000 Note Assets Non-current asset Investments in subsidiary companies, representing total non-current asset 13 1,402.539 1,402.539 15 Current assets Sundry receivables Tax recoverable Cash and bank balances 17 42 139 1,181 1,362 1,403,901 61,060 1,268 1,284 63,612 1,466,151 Total assets Equity and liability Equity attributable to equity holders of the Company Share capital Treasury shares Retained profits Total equity 18 19 22 1,485,138 (128,928) 2,972 1,359,182 1,485,138 (161,941) 57,951 1,381,148 Current liability Other payables, representing total current liability Total equity and liability 28 44,719 85,003 1,403,901 1,466,151Step by Step Solution
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