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Please help me .. Case Study 2: MHD is a company that manufactures and retails office products. Their summarized financial statements for the years ended
Please help me ..
Case Study 2: MHD is a company that manufactures and retails office products. Their summarized financial statements for the years ended year 1 and year 2 are given below 2017 2018 Sales 1,100,850 1,600,000 Cost of Sales (694,450) (1.259,005) Gross profit 406,400 340,995 Overhead Expenses (150,900) (100.450) Profit before interest and tax 255,500 240,545 Loan interest (12,000) (9,000) Profit before tax 243,500 231,545 Tax (88,350) (50,800) Net profit 155,150 180,745 Statement of Financial Position 2017 2018 Non current (fixed) assets 241,400 309,590 Current assets 60,700 89.400 Inventory / stock Receivables (debtors) 206,550 319,455 Bank 70,400 60,200 579,050 778,645 Total assets Equity and reserves Share capital Reserves 223,150 100,400 323,550 300,000 176,165 476,165 Non current liabilities 12% Bank Loan 13,000 16,000 Current liabilities 180,500 201,280 Payables (creditors) 7 30,200 Bank overdraft (O/D) Tax payable 20,000 42,000 242,500 579,050 55,000 286,480 778,645 Total liabilities & Equity Refer to Case Study 2, calculate DuPont analysis and Z score and highlight the red flags. Give your recommendations Step by Step Solution
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