Part II Question No. 5 (3+3+4=10 Marks) Colgate-Palmolive Pakistan Ltd. Partial Balance Sheet June 30 (In Thousands of Rs.) 2016 2015 Assets Non-Current Assets Property, Plant and Equipment 2.769,966 2.935,589 Intangible Assets 16,091 17.552 Long term Loans 30,675 19,585 Long term security deposits 17.887 14.267 2.824,619 2.976,993 Current Assets Stores and spares 158,257 152,238 Stock in trade 2.827,048 2,607,106 Trade debts 537.994 666,378 Other receivables 15.986 18,101 Short term investments 5,436,147 3.101.198 Cash and bank balances 1.122,602 936,419 10,098,034 7.481,440 Total Assets 12,922,653 10,458,433 Required: a) Using the partial balance sheets, prepare a vertical common- size analysis for 2016 and 2015. Use total assets as a base. b) Using the partial balance sheets, prepare a horizontal common- size analysis for 2016 and 2015. Use 2015 as the base year. .) Comment on significant trends that appear in (a) and (b). Question 4: (Marks 10) Hotel Asia International, five star hotel located in a metro city of Pakistan has turnover of little over 100 crores with 420 rooms, five restaurants, six conference; halls, golf club and other paraphernalia. The hotel is owned by a Hashwani business family. Currently, occupancy rate of the hotel is above 75 percent, which is a remarkable achievement for any hotel. Financials of the hotel are sound with last financial year profit after tax standing at eighteen crores rupees. The hotel is known for its progressive human resource policies. Organizational culture is characterized by openness, commitment, risk taking, respect for individual and encourages employee to optimize their potential. Top management of the hold takes keen interest in welfare, career growth and wellbeing of employee's. As a result, employee turnover of the hotel is far below than average. The hotel has decided to capitalize on this rich organizational culture in institutionalization of performance of the employee as a way of life. a) Discuss what the management of the hotel should do to capitalize from low turnover? b) How once a salutary culture existing in the organization be help in this process