PDF FINC 0202 Financial Managemer X + -> File | C:/Users/Meerses/Desktop/FINC%200202%20Financial%20Management%20Final%20Individual%20Case%20Analysis%20DLopez.pdf # + . Continue your browsing in Microsoft Edge Bring your favorites, passwords, history, and more from other browsers each time you browse in Microsoft Edge. Microsoft Privacy Statement Confirm Options 2 of 6 + ID Page view | A Read aloud | 0 Add text | Draw Highlight Erase 19 CASE ANALYSIS - VIRTUOSO CORPORATION - The following comprehensive assessment is based on a continuing case study of Virtuoso Corporation The following financial statements have been provided: Virtuoso Corporation Income Statement For the year ended June 30, 2021 Sales Cost of Goods Sold Gross Profit Seling & Marketing Costs Admin. Expenses Depreciation Expense Eaming before interest & Taxes Interest Expense Taxable income Taxation (30%) Net income 2021 COD 10,700 14.990) 6,30 (380) (1.060) (250) 4,700 (120) 4.590 (1,374) 2.2011 Dividends (36) Addition to Retained Earrings 1.122 2,084 Virtuose Corporation Statement of Financial Position As at June 30, 2020 & 2021 2020 000 2021 000! 2020 COS 2021 000 ASSETS Current Amets Imenores Accounts Recentes Cash & Equivalent LIABILITIES & EQUITY Current Liabilities Accounts Payable Notes Payables 3.200 2.000 3.500 8.700 2,800 2,200 4,525 2500 2.300 4,800 1.750 2.500 4.290 Non-current Labs 3,000 2.500 O Session 12 - Novem... 04:36:18 Non Current Assets. Net 5,800 6.009 Total Liabilities 7.800 7.159 Equity Common Stock 1,500 Retained Earrings 4,700 Total Equity 6.200 TOTAL LIAB. & EQUITY 14,000 1,600 6.784 8,384 TOTAL ASSETS 14,000 15454 15.534 Page 2 of 6 . w 26C Mostly cloudy UJ )) 5:32 PM 11/26/2021 FINC 0202 Financial Managemen X + c File | C:/Users/Meerses/Desktop/FINC%200202%20Financial%20Management%20Final%20Individual%20Case%20Analysis%20DLopez.pdf Continue your browsing in Microsoft Edge Bring your favorites, passwords, history, and more from other browsers each time you browse in Microsoft Edge. Microsoft Privacy Statement Confirm Options 3 of 6 + D Page view A Read aloud T Add text Draw Highlight Erase a G 19 25 Marks Question 1 PARTA 20 Marks As part of your analysis, you are required to investigate Virtuoso Corporation's cash flows. Required: Using the financial statements provided on page 2 (a) Calculate the following for 2021 i. Operating Cash Flow ii. Net Capital Spending iii. Change in Net Working Capital iv. Cash Flow from Assets Cash Flow to Creditors vi. Cash Flow to Stockholders (1 Mark) (1 Mark) (2 Marks) (2 Marks) (2 Marks) (2 Marks) v (b) Analyse the company's sources and uses of cash for the year 2021 by preparing Virtuoso Corporation Cash Flow Statement for the year ended June 30, 2021. (10 Marks) O Session 12 - Novem... 04:34:01 PART B 5 Marks To further analyse Virtuoso's cash flow position, the Finance Manager is seeking to determine if the company can comfortably meet any upcoming obligations. Required: Compute the following liquidity ratios for 2020 and 2021: i. Current ratio ii. Quick ratio iii. Cash ratio (2 Marks) (2 Marks) (1 Mark) . 26C Mostly cloudy 5:30 PM 11/26/2021 ES PDF FINC 0202 Financial Managemer X + -> File | C:/Users/Meerses/Desktop/FINC%200202%20Financial%20Management%20Final%20Individual%20Case%20Analysis%20DLopez.pdf # + . Continue your browsing in Microsoft Edge Bring your favorites, passwords, history, and more from other browsers each time you browse in Microsoft Edge. Microsoft Privacy Statement Confirm Options 2 of 6 + ID Page view | A Read aloud | 0 Add text | Draw Highlight Erase 19 CASE ANALYSIS - VIRTUOSO CORPORATION - The following comprehensive assessment is based on a continuing case study of Virtuoso Corporation The following financial statements have been provided: Virtuoso Corporation Income Statement For the year ended June 30, 2021 Sales Cost of Goods Sold Gross Profit Seling & Marketing Costs Admin. Expenses Depreciation Expense Eaming before interest & Taxes Interest Expense Taxable income Taxation (30%) Net income 2021 COD 10,700 14.990) 6,30 (380) (1.060) (250) 4,700 (120) 4.590 (1,374) 2.2011 Dividends (36) Addition to Retained Earrings 1.122 2,084 Virtuose Corporation Statement of Financial Position As at June 30, 2020 & 2021 2020 000 2021 000! 2020 COS 2021 000 ASSETS Current Amets Imenores Accounts Recentes Cash & Equivalent LIABILITIES & EQUITY Current Liabilities Accounts Payable Notes Payables 3.200 2.000 3.500 8.700 2,800 2,200 4,525 2500 2.300 4,800 1.750 2.500 4.290 Non-current Labs 3,000 2.500 O Session 12 - Novem... 04:36:18 Non Current Assets. Net 5,800 6.009 Total Liabilities 7.800 7.159 Equity Common Stock 1,500 Retained Earrings 4,700 Total Equity 6.200 TOTAL LIAB. & EQUITY 14,000 1,600 6.784 8,384 TOTAL ASSETS 14,000 15454 15.534 Page 2 of 6 . w 26C Mostly cloudy UJ )) 5:32 PM 11/26/2021 FINC 0202 Financial Managemen X + c File | C:/Users/Meerses/Desktop/FINC%200202%20Financial%20Management%20Final%20Individual%20Case%20Analysis%20DLopez.pdf Continue your browsing in Microsoft Edge Bring your favorites, passwords, history, and more from other browsers each time you browse in Microsoft Edge. Microsoft Privacy Statement Confirm Options 3 of 6 + D Page view A Read aloud T Add text Draw Highlight Erase a G 19 25 Marks Question 1 PARTA 20 Marks As part of your analysis, you are required to investigate Virtuoso Corporation's cash flows. Required: Using the financial statements provided on page 2 (a) Calculate the following for 2021 i. Operating Cash Flow ii. Net Capital Spending iii. Change in Net Working Capital iv. Cash Flow from Assets Cash Flow to Creditors vi. Cash Flow to Stockholders (1 Mark) (1 Mark) (2 Marks) (2 Marks) (2 Marks) (2 Marks) v (b) Analyse the company's sources and uses of cash for the year 2021 by preparing Virtuoso Corporation Cash Flow Statement for the year ended June 30, 2021. (10 Marks) O Session 12 - Novem... 04:34:01 PART B 5 Marks To further analyse Virtuoso's cash flow position, the Finance Manager is seeking to determine if the company can comfortably meet any upcoming obligations. Required: Compute the following liquidity ratios for 2020 and 2021: i. Current ratio ii. Quick ratio iii. Cash ratio (2 Marks) (2 Marks) (1 Mark) . 26C Mostly cloudy 5:30 PM 11/26/2021 ES