Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I'm sorry, the question given just like that. so dont have any clue about that.. SERI NUR SENDIRIAN BERHAD STATEMENT OF FINANCIAL POSITION AS AT
I'm sorry, the question given just like that. so dont have any clue about that..
SERI NUR SENDIRIAN BERHAD STATEMENT OF FINANCIAL POSITION AS AT 31st DECEMBER 2019 30,000 Account payable 460,000 600,000 Accrued expenses 150,000 Cash Marketable Securities Account Receivable Inventories Net plants & equipment 830,000 400,000 Notes payable Other current liability 270,000 200,000 2,140,000 Long term debt Common shares Retained earnings 1,000,000 320,000 1,600,000 TOTAL ASSETS 4,000,000 TOTAL LIABILITY & EQUITY 4,000,000 SERI NUR SENDIRIAN BERHAD STATEMENT OF FINANCIAL PERFORMANCE FOR THE YEAR ENDING 31st DECEMBER 2019 Sales Cost of Goods Sold Gross Profit Less: Selling & Administrative expense Interest expense Earnings before taxes Less: Taxes Earnings before taxes RM 7,000,000 2,600,000 4,400,000 3,700,000 120,000 580,000 140,000 440,000 Industry Average Ratios 2.0 x 1.8 x Gross profit margin Return on equity 8% 19% Current Ratio Quick ratio Average collection period Inventory turnover 40 days 8.4 x Debt ratio Time interest earned 45% 7.8 x a) Calculate the relevant ratios for SERI NUR SENDIRIAN BERHAD. b) Analyse the overall performance of the company based on liquidity, profitability, efficiency and solvency ratios. (Note: Use the 360 days for calculation) c) Explain TWO (2) differences between fundamental analysis and technical analysis Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started