Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I just need to solve all questions and then present the report which includes 1000 words. that's all, I need it as soon as possible

I just need to solve all questions and then present the report which includes 1000 words. that's all, I need it as soon as possible thanks. image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Study of Ivanhoe pic Calculate ratios for Ivanhoe Pic and evaluate by comparison with the ratios from Waverley Plc in the same industry as provided below. Required: (a) Calculate the financial ratios given below in the results provided for Ivanhoe from the Financial Statements provided (b) Write a report discussing the company's performance comparing the detailed results for Waverley as provided below. tc) All workings should be presented in a table in an appendix to your report Income statement (profit and loss account) Ivanhoe Pic for the year ended 31 December EDOOS E000 520 24 380 Sales (revenue) Cost of sales Gross profit Distribution costs Administrative expenses Operating profit 65 55 120 260 Profit before taxation 260 14 Taxation Profit after taxation 122 Statement of Financial Position (balance sheet) of Ivanhoe Pic As at 31 December J. m 430 74 30 Non-current (fixed) assets (net of depreciation) Current assets: Inventory (stock) and work in progress Receivables (debtors) Cash Total current assets Total assets Less: Current liabilities 10 114 544 Trade creditors (15) Non-current liabilities 10% debentures Total liabilities (140) (155) 389 Net assets 80 Share capital and reserves Issued share capital (320m ordinary shares of 25p nominal value each) Income statement (profit and loss account) 309 389 Ratio's provided for comparison for Waverley Plc Ivanhoe Plc 8.8 3.9 36.7% 13.8% 36.4% 40% 4.21 Industry Average Waverley Plc Price/Earnings: 15 Dividend yield: 4.3% Return on shareholders' equity: 25% Operating profit on sales: 20% Gross profit percentage: Non-current (fixed) asset usage: 2.5 Inventory (stock)holding 42.8 days period: 65 days Customer collection period: 38.9 days 40 days Supplier's payment period 37.7 days 38 days Current ratio: 1.5 Debt/equity ratio: 28% Interest cover: 14 times 3.15:1 33.7% 20.33 times Study of Ivanhoe plc Calculate ratios for Ivanhoe Plc and evaluate by comparison with the ratios from Waverley Pic in the same industry as provided below Required al Calculate the financial ratios ven below in the results provided for vanhoe from the Financial Statements provided b) Write a report discussing the company's performance comparing the detailed results for Waverley provided below te ) All workings should be presented in a table in an acpendix to your report. Income statement (profit and loss account) Ivanhoe Pic for the year ended 31 December. 000 520 24 380 Sales revenue Cost of sales Gross profit Distribution costs Administrative expenses Operating profit s Prolit before taxation 260 Taxation Profit after taxation 14 122 Statement of Financial Position (balance sheet) of Ivanhoe Ple As at 31" December Em 430 Non-current (fixed assets inet of depreciation Current assets Inventory (stock) and work in progress Receivables (debtors) Cash 74 30 10 111 Totalcuratare Em Non-current (fixed) assets (net of depreciation) 430 Current assets: 74 Inventory (stock) and work in progress Receivables (debtors) Cash 30 10 114 Total current assets Total assets Less: Current liabilities Trade creditors (15) Non-current liabilities 10% debentures Total liabilities (140) 155 389 Net assets 80 Share capital and reserves Issued share capital (320m ordinary shares of 25p nominal value each) Income statement (profit and loss account) 309 199 Ratio's provided for comparison for Waverley Pic Ivanhoe Pic Waverley Pic 88 39 36.7% Industry Average Price/Earnings: 15 Dividend yield: 439 Return on shareholders equity: 25% Operating profit on sales: 20% Gross profit percentage Am 13.8% 361 Ratio's provided for comparison for Waverley Plc Ivanhoe Plc Industry Average Waverley PIC Price/Earnings: 15 8.8 Dividend yield: 4.3% 3.9 Return on shareholders' 36.7% equity: 25% Operating profit on sales: 13.8% 20% Gross profit percentage: 36.4% 40% Non-current (fixed) asset 4.21 usage: 2.5 Inventory (stock)holding 42.8 days period: 65 days Customer collection period: 38.9 days 40 days Supplier's payment period 37.7 days 38 days Current ratio: 1.5 3.15:1 Debt/equity ratio: 28% 33.7% Interest cover: 14 times 20.33 times Study of Ivanhoe pic Calculate ratios for Ivanhoe Pic and evaluate by comparison with the ratios from Waverley Plc in the same industry as provided below. Required: (a) Calculate the financial ratios given below in the results provided for Ivanhoe from the Financial Statements provided (b) Write a report discussing the company's performance comparing the detailed results for Waverley as provided below. tc) All workings should be presented in a table in an appendix to your report Income statement (profit and loss account) Ivanhoe Pic for the year ended 31 December EDOOS E000 520 24 380 Sales (revenue) Cost of sales Gross profit Distribution costs Administrative expenses Operating profit 65 55 120 260 Profit before taxation 260 14 Taxation Profit after taxation 122 Statement of Financial Position (balance sheet) of Ivanhoe Pic As at 31 December J. m 430 74 30 Non-current (fixed) assets (net of depreciation) Current assets: Inventory (stock) and work in progress Receivables (debtors) Cash Total current assets Total assets Less: Current liabilities 10 114 544 Trade creditors (15) Non-current liabilities 10% debentures Total liabilities (140) (155) 389 Net assets 80 Share capital and reserves Issued share capital (320m ordinary shares of 25p nominal value each) Income statement (profit and loss account) 309 389 Ratio's provided for comparison for Waverley Plc Ivanhoe Plc 8.8 3.9 36.7% 13.8% 36.4% 40% 4.21 Industry Average Waverley Plc Price/Earnings: 15 Dividend yield: 4.3% Return on shareholders' equity: 25% Operating profit on sales: 20% Gross profit percentage: Non-current (fixed) asset usage: 2.5 Inventory (stock)holding 42.8 days period: 65 days Customer collection period: 38.9 days 40 days Supplier's payment period 37.7 days 38 days Current ratio: 1.5 Debt/equity ratio: 28% Interest cover: 14 times 3.15:1 33.7% 20.33 times Study of Ivanhoe plc Calculate ratios for Ivanhoe Plc and evaluate by comparison with the ratios from Waverley Pic in the same industry as provided below Required al Calculate the financial ratios ven below in the results provided for vanhoe from the Financial Statements provided b) Write a report discussing the company's performance comparing the detailed results for Waverley provided below te ) All workings should be presented in a table in an acpendix to your report. Income statement (profit and loss account) Ivanhoe Pic for the year ended 31 December. 000 520 24 380 Sales revenue Cost of sales Gross profit Distribution costs Administrative expenses Operating profit s Prolit before taxation 260 Taxation Profit after taxation 14 122 Statement of Financial Position (balance sheet) of Ivanhoe Ple As at 31" December Em 430 Non-current (fixed assets inet of depreciation Current assets Inventory (stock) and work in progress Receivables (debtors) Cash 74 30 10 111 Totalcuratare Em Non-current (fixed) assets (net of depreciation) 430 Current assets: 74 Inventory (stock) and work in progress Receivables (debtors) Cash 30 10 114 Total current assets Total assets Less: Current liabilities Trade creditors (15) Non-current liabilities 10% debentures Total liabilities (140) 155 389 Net assets 80 Share capital and reserves Issued share capital (320m ordinary shares of 25p nominal value each) Income statement (profit and loss account) 309 199 Ratio's provided for comparison for Waverley Pic Ivanhoe Pic Waverley Pic 88 39 36.7% Industry Average Price/Earnings: 15 Dividend yield: 439 Return on shareholders equity: 25% Operating profit on sales: 20% Gross profit percentage Am 13.8% 361 Ratio's provided for comparison for Waverley Plc Ivanhoe Plc Industry Average Waverley PIC Price/Earnings: 15 8.8 Dividend yield: 4.3% 3.9 Return on shareholders' 36.7% equity: 25% Operating profit on sales: 13.8% 20% Gross profit percentage: 36.4% 40% Non-current (fixed) asset 4.21 usage: 2.5 Inventory (stock)holding 42.8 days period: 65 days Customer collection period: 38.9 days 40 days Supplier's payment period 37.7 days 38 days Current ratio: 1.5 3.15:1 Debt/equity ratio: 28% 33.7% Interest cover: 14 times 20.33 times

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions