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 and 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)
STATEMENT OF FINANCIAL POSITION Notes 2020 2019 3.00 4.00 5.00 6.00 7.00 8.00 5,971,309,824 5,971,309,824 981,601,977 160,118,082 575,280,026 204,055,568 33,852,362 8,295,939 6,952,911,801 5,996,587,302 5,996,587,302 922,244,248 185,621,927 525,798,493 171.440,918 33,704,932 5,677,978 6,918,831,550 Taka Particulars ASSETS Non-Current Assets Property, Plant & Equipment Current Assets Inventories Trade & Other Receivables Advances, Deposits & Pre-payments Advance Income Tax Cash and Cash Equivalents TOTAL ASSETS EQUITY AND LIABILITIES Shareholders' Equity Issued, Subscribed and Paid-up Share Capital Share Premium Revaluation Surplus Retained Earnings Non-Current Liabilities Long Term Borrowing Current Liabilities Trade & Other Payables Accrued Expenses Unclaimed Dividend Provision for Income Tax Liabilities for Other Finance Inter Company Loan TOTAL EQUITY AND LIABILITIES Net assets value per share (NAVPS) 9.00 10.00 11.00 12.00 3,139,511,935 3,127,262,378 1,150,000,000 1,150,000,000 370,575,835 370,575,835 4,063,575,356 4,063,575,356 (2,444,639,256) (2,456,888,813) 2,898,951,996 2,905,781,341 2,898,951.996 2.905,781.341 13.00 14.00 15.00 16.00 17.00 18.00 19.00 914,447,870 26,269,533 188,505,751 36,640,338 29,949,858 288,597,945 344,484,445 6,952,911,801 885,787,831 32,890,567 167,694,874 36,640,338 27,629,277 285,327,945 335,604,830 6,918,831,550 Taka 26.00 27.30 27.19 STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME E- -2020 -2019 Particulars Revenue Cost of Goods Sold Gross Profit Notes 20.00 21.00 1,071,071,331 (821,806,596) 249,264,735 988,209,871 (838,622,936) 149,586,935 22.00 23.00 (66,815,337) (51.599,277) (15,216,060) 182,449,398 (66,754,967) (51,709,456) (15,045,511) 82,831,968 24.00 25.00 Operating Expenses Administrative Expenses Selling and Distribution Expenses Profit from Operations Finance Cost Income from other sources Profit before Contribution to WPF & WWF Contribution to Workers Participation Fund and Workers Welfare Fund Net Profit/(Loss) Before Tax Income Tax Provision Net Profit/(Loss) After Tax Earnings per share (EPS) 15.01 (166.654,248) 172,601 15,967,751 (752,150) 15,215,601 (2,966,044) 12,249,557 (76,157,416) 780,204 7,454,756 (317,836) 7,136,920 (1,070,538) 6,066,382 17.02 27.00 0.11 0.05Step by Step Solution
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