Question
(PLEASE TRY TO GIVE MORE DETAILS ) your report should be 7-8 pages long total of 70 marks 1.Calculate the companies' current ratio, quick ratio,
(PLEASE TRY TO GIVE MORE DETAILS ) your report should be 7-8 pages long total of 70 marks
1.Calculate the companies' current ratio, quick ratio, networking capital, debt-to-asset ratio, and the long-term debt-to-asset ratio
for the 2019 - 2020 period under consideration Make a statement on the company's liquidity situation and remark on the company's solvency.
Finish by making final remarks on your analysis of the above-mentioned ratios. (50MARKS)
2. According to Bangladesh's international accounting standard 18 revenue (IAS 18), How did this corporation report this in its annual report? (marks20)
Particular Notes Amounts in Taka 30 June 2020 30 June 2019 04 05 06 4,624,173,559 28,003,186 110,153,455 138,156,641 4,762,330,200 3,996,190,404 36,413,499 202,850,542 239,264,041 4,235,454,445 07 08 09 10 11 732,820,587 994,789,485 222,842,805 140,656,793 243,576,752 2,334,686,422 1,600,000 2,336,286, 422 7,098,616,622 524,128,640 905,681,247 253,812,258 413,781,170 236,181,930 2,333,585,245 12 2,333,585,245 6,569,039,690 Assets Non-current assets Property, plant and equipment Investment Capital work in process Total non-current assets Current assets Inventories Accounts receivable Advance, deposits and prepayments Materials in transit Cash and bank balances Asset held for sale Total current assets Total assets EQUITY AND LIABILITIES Share capital Share premium Retained earnings Revaluation reserve Total equity Non-current liabilities Long term bank loan Deferred tax liability Total non-current liabilities Current liabilities Accounts payable Short term bank loan Current portion of long term loan Share application money Provision & accruals Total current liabilities Total equity and liabilities NAV Per Share (With Revaluation reserves) 13 14 15 16 974,900,000 920,700,000 1,389,083,255 1,520,826,225 4,805,509,480 974,900,000 920,700,000 1,364,587,906 92 2,470,313 4,182,658,219 17 18 126,599,671 255,290,759 381,890, 430 368,320,391 204,333,813 572,654,204 19 20 21 22 23 132,103,881 1,300,157,442 350,438,156 4,553, 160 123,964,072 1,911,216,711 7,098,616,622 49.29 104,070,268 1,376,471,384 193,920,170 4,553, 160 134,712,284 1,813,727,266 6,569,039,690 42.90 34 Particular Notes Amounts in Taka 2020 2019 210,211,386 94,347,672 Net profit after tax for the year Revaluation reserve of land and building 611,541,109 Deferred tax on other comprehensive income 32.01 (52,666,234) Total comprehensive income for the year 769,086,261 These financial statements should be read in conjunction with the annexed notes 1 to 48 844,523 95,192,195 Particular Notes Amounts in Taka 2020 2019 24 25 Revenue Cost of goods sold Gross profit Other income 26 3,904,153,460 (3,364,549,162) 539,604,298 42,769,434 582,373,732 (221,959,154) (6,564,955) 353,849,623 (87.750,912) 4,324,531,522 (3,949,186,470) 375,345,052 79,937,673 455,282,724 (220,692,515) (7,209,275) 227,380,935 (99,388,219) 27 28 Administrative expenses Distribution expenses Net profit before finance cost Finance cost Net profit before workers' profit participation funds & tax 29 266,098,711 127,992,716 30 Contribution to workers' profit participation funds Net profit before taxation Income tax Deferred tax Net profit after tax 31 32 (12,671,367) 253,427,344 (44,925,245) 1,709,287 210,211,386 (6,094.891) 121,897,825 (17,787.989) (9,762,163) 94,347,672 33 2.16 0.97 Earnings Per Share (EPS) These financial statements should be read in conjunction with the annexed notes 1 to 48
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