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Please sir answer it perfectly QUESTION 3 The following are the financial statements of Ranaco Manufacturing for the year ended 31 December 2011. Ranaco Manufacturing
Please sir answer it perfectly
QUESTION 3 The following are the financial statements of Ranaco Manufacturing for the year ended 31 December 2011. Ranaco Manufacturing Income Statement For the year ended December 31, 2011 RM'000 2,400 RM'000 Sales(Jualan) (-) COGS (Kos barang yang telah dijual) Material (Bahan mentah) 1,000 Labor(pekerja) 600 Heat, light and power (Haba, cahaya dan kuasa) 89 Indirect labor (Pekerja tidak langsung) 65 Depreciation (susut nilai) 80 Gross profit (Untung kasar) Selling expenses (Perbelanjaan Jualan) General and administrative expenses (Perbelanjaan umum dan pentadbiran) (1,834) 566 (175) (216) 1 175 EBIT(Pulangan sebelum faedah dan cukai) (-) Interest (Faedah) EBT (Pulangan sebelum faedah) (-) Taxes (cukai) Net Income (Untung bersih) (35) 140 (56) 84 Ranaco Manufacturing Balance Sheet for the year ended December 31, 2011 RM'000 Cash (Tunai) 200 Account Receivable (Akaun belum terima) 245 Inventory (Inventori) 625 Total Current Assets (Jumlah Asset Semasa) 1,070 Net Fixed Assets (Aset tetap bersih) 1,200 Total Assets (Jumlah Asset) 2,270 Accounts Payable (Akaun belum bayar) 205 Notes Payable (Nota belum dibayar) 425 Other Current Liabilities (Hutang semasa) 115 Total Current Liabilities (Jumlah hutang semasa) 745 Long term debt (Hutang jangka panjang) 420 Common equity (Ekuiti umum) 1,105 Total Liabilities & Equities (Jumlah hutang & ekuiti) 2,270 Calculate (Kira): i. Current ratio (Nisbah semasa) ii. Quick ratios (Nisbah cepat) iii. Inventory turnover ratios (Pusing ganti inventori) iv. Debt ratios (Nisbah hutang) Time interest earned ratios (Nisbah faedah) (3 marks) (3 marks) (3 marks) (3 marks) (3 marks) V. b) Explain three (3) limitations of ratios analysis to a business firm. (6 marks)Step by Step Solution
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