Objectives: The following student learning outcomes of the course are in this continuous assessment tool:

3 Analyze levels of and changes in the rate of return on common shareholders Equity.

4. Compute Credit Risk Using risk analysis tools.

5 Measure bankruptcy risk using a discriminate analysis.

6. Use ratio analysis to understand and compare firms.

Submission Date (s): 28/04/2020

Question 1. Compute the following ratios

Refer to Muscat Thread Mills financial statements then compute the following:

1. ROCE =
2. Current Ratio:
3. Quick Ratio (Acid Test Ratio):
4. Operating Cash Flow To Current Liabilities Ratio=
5. A\R Turnover:
6. Inventory Turnover:
7. Accounts Payable Turnover:
8. Interest Coverage Ratio:
9. Long- Term Debt Ratio
10. Debt/ Equity Ratio:
11. Long- Term Debt to Assets Ratio:
12. Interest Coverage Ratio:
13. Operating Cash Flow to Total Liabilities ratio:
14. Earnings Per Share (EPS):
15. Altmans Z-Score: .................. Please solve fu

rmala and number from muscat threat mills because must send tomorrow .. Thanks you very much

MUSCAT THREAD MILLS SAOG STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2019 Note 2019 RO 2018 RO 19 20 21 22 23 Income from operations Cost of operations Gross profit Other income Distribution expenses Administrative expenses Provision for slow-moving inventories Allowance for credit losses (net) Profit from operations Finance charges Profit for the year before taxation 3,635,901 (3,048,045) 587,856 494 (79,752) (322,784) (10,639) 4,578 3,028,105 (2,611,558) 416,547 8,448 (87,619) (303,689) (1,957) 4,871 7 8 179,753 36,601 24 (44,658) (34,143) 135,095 (21,774) 2,458 (2,920) Income tax 17 Profit/(loss) and total comprehensive income/(loss) for the year 113,321 (462) ==== Basic earnings/(loss) per share 18 0.007 The notes on pages 10 to 37 form part of these financial statements. Auditor's report: pages 1-5 Page: 7 MUSCAT THREAD MILLS SAOG STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2019 Note 2019 RO 2018 RO 770,851 ASSETS Non-current assets Property, plant and equipment Right of use assets Investment in a subsidiary Deferred tax asset 786,757 34,014 4 5 6 17 69,558 69,997 890,768 840,409 Current assets Inventories Trade and other receivables Cash and bank balances 7 8 9 876,426 1,061,357 40,319 1,978,102 650,082 955,869 8,881 1,614,832 2,455,241 2,868,870 Total assets EQUITY AND LIABILITIES Equity Share capital Legal reserve Retained earnings Total equity 10 11 1,591,352 201,450 149,940 1,942,742 1,591,352 190,118 47,951 1,829,421 Liabilities Non-current liabilities Term loan Lease liabilities Employees' end of service benefits 144,424 12 13 14 110,824 24,700 97,299 232,823 89,235 233,659 79,553 Current liabilities Bank borrowings Lease liabilities Trade and other payables Income tax payable 15 13 16 17 317,629 13,341 340,122 22,213 693,305 ------ 926,128 2,868.870 311,497 1,111 392,161 625,820 2,455,241 0.115 Total liabilities Total cquity and liabilities Net assets per share 18 0.122 These financial statements were approved and authorised for issue by the Board of Directors on February 2020 and signed on their behalf by: CHAIRMAN DIRECTOR The notes on pages 10 to 37 forn part of these financial statements. Auditor's report: pages 1-5 Page: 6 [