I need help and support . all slides and documents are attached

1. You have been provided Income Statement and Financial Position Statement of Oman Cement Company SAOG for the year 2018 and 2019 in separate columns. You are required to evaluate the Working Capital position of this company for the year 2018 and 2019 based on following calculations:

1. Liquidity position of the company (current ratio and quick ratio). What is your view about status of liquidity position of Oman Cement Company?
2. Cash Operating Cycle in a tabular form (as shown in ppt slide number 10 of working capital management) and present Cash Operating Cycle in a diagram for both years separately (as shown in class ppt slide number 9 of working capital management).
3. Based on the above calculation, give your overall view on working capital situation of Oman Cement Company between the year 2018 and 2019. What are your suggestions to Oman Cement Company for strengthening Working Capital Management?

Slide 9 Slide 10 1. Average settlement period for payables. (Opening payables + Closing payables)/2 Credit purchases or cost of sales X 365 = 46 days EXAMPLE: ABC pl, a manufacturer has the following working capital iteres in its balance sheet at the start and end of its financial year: 1 January 31 December Stock 5,500 6,500 Debtors 3,200 4,800 Creditors 3,000 4,500 Turnover for the year, all on credit, is 50,000 and cost of sales is 30,000. For how many day is working capital tied up in each item? What is the cash operating cycle period? Cash conversion cycle Customer Stock conversion credit period (73 days) period (29 days) 2. Average settlement period for receivables: (Opening receivables + Closing receivables)/2 Credit Sales X 365 = 29 days 3. Average inventories holding period: = (Opening inventories + Closing inventories)/2 Cost of sales X 365 Supplier credit period (46 days) Cash conversion cycle (73+29-46-56 days) = 73 days The cash operating cycle is therefore: (73 + 29 - 46) = 56 days Materials purchased Cash paid Time for Finished goods sold Cash received from sales materials Notes 2018 RO 2019 RO 112,023,170 810,732 1,020,171 115,732,785 17,549 34,560 1,012,359 10 12 7,981,662 8,466,608 130,319,892 5,413,782 11,242,560 10,473.121 143,909,167 11 10 13 14 15 12 120,920 3,272,700 25,030,963 9,769,735 3,056,970 2,000,000 43,251,288 173,671,180 5,440,169 23,133,243 8,288,287 3,995,393 1,000,000 41,857,092 185,766 259 ASSETS Non-current assets Property, plant and equipment Right-of-use asset Intangible assets Investment in an associate Investments at fair value through other comprehensive income Investment at amortized cost Bank deposits Total non-current assets Current assets Investments at fair value through profit or loss Investment at amortized cost Inventories Accounts and other receivables Cash and bank balances Bank deposits Total current assets TOTAL ASSETS EQUITY AND LIABILITIES Equity Share capital Share premium Legal reserve Voluntary reserve Fair value reserve Retained earings Total equity Llabilities Non-current liabilities Non-current portion of term loans Non-current portion of lease liability Employees' end of service benefits Deferred tax liability Total non-current liabilities Current liabilities Accounts and other payables Current portion of term loans Current portion of lease liability Taxation Total current liabilities Total liabilities TOTAL EQUITY AND LIABILITIES Net assets per share 16 17 18 (a) 18 (b) 9 (c) 33,087,271 6,724,145 11,029,090 16,543,636 (692,847) 81,628,021 148,319,316 33,087,271 6,724,145 11,029,090 16,543,635 867,421 87,541,090 155,792,652 7,367,749 19 20 29 (b) 22 2,062,408 803,231 1,048,624 7, 703,480 11,617,743 1,007,914 7,509 392 15,885,055 21 19 20 22 7,696,749 5,291,253 7,808,487 5,315,566 28,451 481,618 13,634,122 1,100,550 14,088,552 25,251,865 29,973,607 173,571 180 0.448 185,766,259 0.471 24 (a) Statement of profit or loss and other comprehensive income Notes 2019 2018 RO RO INCOME Revenue Cost of sales 25 26 48,129,376 (41,773,233) 50,809,483 (39,717,396) 6,356,143 11,092,087 Gross profit EXPENSES General and administration 27 (3,478,595) (4,101,222) Operating profit Other operating income Net finance income Net investment income 28 30 32 2,877,548 555,953 498,809 756,509 6,990,865 473,685 577,178 330,079 Profit before taxation Taxation 22 4,688,819 (675,707) 8,371,807 (1,057,204) 4,013,112 7,314,603 Profit for the year Other comprehensive income for the year: Not reclassifiable to income statement: Fair value change in investments at FVOCI Other comprehensive income for the year 9 (c) (1,560,268) (1,560,268) (2.447,677) (2,447,677) Total comprehensive income for the year 2,452,844 4,866,926 Basic earnings per share 24 (b) 0.012 0.022