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hi please help me solve this. will give u thumbs up. thanks in advance! Firma Bunga Megah and Firma Rimbun Angin are two companies involved
hi please help me solve this. will give u thumbs up. thanks in advance!
Firma Bunga Megah and Firma Rimbun Angin are two companies involved in the hotel industry. The following information is about the financial position of both firms. Table 1: Financial position of Bunga Megah Firm and Rimbun Angin Firm Ratio Size Magnificent Flower Firm Firm Rimbun Angin 2020 2021 2020 2021 Current ratio 1.5 1.9 2.5 1.8 Acid test ratio 0.8 1.2 2.2 1.8 Turnover Accounts Not Yet 30.5 28.0 16.0 14.0 Accept Inventory change 25.5 22.5 12.51 0.5 Working Capital RM80.000 RM60,000 RM150,000 RM80,000 Based on the ratio measurements between the two firms, compare the financial position of the two firms within the following aspects: ability to meet short-term obligations [20 marks] ii. efficiency in the use of current assets [30 marks] Firma Bunga Megah and Firma Rimbun Angin are two companies involved in the hotel industry. The following information is about the financial position of both firms. Table 1: Financial position of Bunga Megah Firm and Rimbun Angin Firm Ratio Size Magnificent Flower Firm Firm Rimbun Angin 2020 2021 2020 2021 Current ratio 1.5 1.9 2.5 1.8 Acid test ratio 0.8 1.2 2.2 1.8 Turnover Accounts Not Yet 30.5 28.0 16.0 14.0 Accept Inventory change 25.5 22.5 12.51 0.5 Working Capital RM80.000 RM60,000 RM150,000 RM80,000 Based on the ratio measurements between the two firms, compare the financial position of the two firms within the following aspects: ability to meet short-term obligations [20 marks] ii. efficiency in the use of current assets [30 marks]
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