Hi Need help on question b Answers attached for analysis Required : Assess the comparative financial performance and position of Metrod Bhd. for the year ended 31 March 2021. Please type on MS WORD / WRITE CLEARLY TQ

ANSWER

Statement of financial position as at 31 March: 2020 RM'000 2019 RM'000 Assets Non-current assets Property and shop fittings Goodwill 118,000 30,000 148.000 85,000 nil 85,000 Current assets Inventory Trade receivables Bank 15,500 11,000 500 27,000 175.000 12,000 8,000 5,000 25,000 110.000 Total assets Equity and liabilities Equity Equity shares of RM1 each Retained earnings 80,000 15,000 95,000 80,000 10,000 90.000 Non-current liabilities 10% loan notes 50,000 5,000 Current liabilities Trade payables Current tax payable Total equity and liabilities 21,000 4,000 25,000 175.000 13,000 2.000 15,000 110,000 1. ROLE Proopt before interest and tax Total arets -current liabilities for 2019 10.52% 9500 + 500 XIDO 11oooo -15000 for 2020 = 12%. 16250t 1750 100 195000 - 25000 2. 101 Net Assets Turnoven Revenue Total Assets curred Liabilities for 2019 = 1.15 110,000 110000 - 15000 15 for 2020 = 150000 145.000- 25000 3. Gross Proofit margin - brons poofit x100 Revenue 2.4200 X 100 22% 110 000 for 2019 5 for 2020 X100 22% - 33000 15000 4. Profit before interest and tax mongin Profit before interest and tax Revenue 10 for 2019 X100 a 9500 +500 11000 0 = 9.09% 15 for 2020 127. 16250+ 450 100 15000 O Current Assets 5. Current Ratio carrent Liability for 2019 1.67 25000 15000 for 2020 2touo 1.09 25000 6. Gearing = Debt debt + Equity for 2019 = 5000 5000+ 90000 0.05 15 for 2020 50000 50000 + 25000 -0.34