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Panasonic Manufacturing Malaysia Berhad (Panasonic) is being assessed by Bank Kaya Raya's Chief Financial Officer, Puan Delima, for loan approval. You have been engaged
Panasonic Manufacturing Malaysia Berhad (Panasonic) is being assessed by Bank Kaya Raya's Chief Financial Officer, Puan Delima, for loan approval. You have been engaged to assist her with her diagnosis and to provide advice regarding the loan. Panasonic is a prominent participant in the electrical goods sector, aiming to expand its market share in both domestic and international markets, with a particular focus on key products including ceiling fans, home showers and vacuum cleaners. Panasonic offers value to its clientele in residential areas such as bathrooms, living rooms, and bedrooms through the development of locally tailored products, particularly for essential home appliances that exhibit significant potential for market expansion. Panasonic remains committed to advancing automation in the manufacturing sector and strives to attain the status of a "Smart Factory" by the year 2030. Referring to the financial statements of Panasonic in Exhibit 1.0 (in page 6 to 9), you are required to answer the following questions. a. Prepare a common-size analysis for the years 2023 and 2022 based on Consolidated Statement of Comprehensive Income. Use revenue as the base. (4 Marks) b. Prepare a common-size analysis for the years 2023 and 2022 based on Consolidated Statement of Comprehensive Income. Use year 2022 as the base. C. Comment on significant trends that appeared in part (a) and (b). d. Compute the net trade cycle for the years 2023 and 2022. Note: Use trade and other receivables. Use trade and other payables. Use depreciation of property, plant, and equipment. Inventory for the year 2021 was RM69,632,000. (4 Marks) (4 Marks) (4 Marks) i. ii. iii. iv. e. Comment on the results of your computations in part (d). (4 Marks) f. Calculate the following measures for the years 2023 and 2022: i. total liabilities to total assets (4 Marks) ii. total liabilities to total equity (4 Marks) g. Discuss your overall impression of the capital structures of Panasonic based on your calculation in part (f). (4 Marks)
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1 Prepare a commonsize analysis for the years 2023 and 2022 based on Consolidated Statement of Comprehensive Income Use revenue as the base Explanatio...Get Instant Access to Expert-Tailored Solutions
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