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pls solve this problems as quickly as possible. thanks in advance. 3. Calculate any 8 ratios of the followings: a. Current ratio Current assets b.
pls solve this problems as quickly as possible. thanks in advance.
3. Calculate any 8 ratios of the followings: a. Current ratio Current assets b. Acid-test (quick) ratio c. Receivables turnover Net credit sales d. Inventory turnover Cost of goods sold e. Profit margin f. Asset turnover g. Return on assets h. Return on common dividends i. Earnings per share (EPS) j. Price-earnings (P-E) ratio k. Payout ratio 1. Debt to total assets ratio m. Times interest earned 4. Interpret the above analysis. Balance Sheet (Main Operation) As at 31 December 2020 Notes PROPERTY AND ASSETS 2020 Taka 2019 Taka Cash In hand (including foreign currencies) Balance with Bangladesh Bank and its agent bank (s) (including foreign currencies) 4 5 17.030,120,126 23,858,695,319 16,437,855,873 25,555,947,901 40,838,815,445 41.993,803,774 6 Balance with other banks and financial institutions In Bangladesh Outside Bangladesh Money at call on short notice 19.715,885,793 682,321,195 20.398,206,988 12,602,076, 244 722.463,012 13,324,539,256 7 8 Investments Government Others 106,718,508,845 5,871.283.434 112,589,792,279 52.193.468,169 2,911,283.434 55,104,751,603 9 Loans and advances Loans, cash credits, overdrafts, etc. Bills purchased and discounted 256,245,350.799 1.983,551,092 258,228,901,891 238,033,430,126 4,845,110,193 242,878,540,319 10 7,882,842,212 24,389,793,021 5,380,606,061 21.269.259,489 11 Fixed assets including land, building, furniture and fixtures Other assets Non-banking assets TOTAL ASSETS 464,378,351,836 379,951,500,502 LIABILITIES AND CAPITAL 12 19.079,301,498 9,466,563,691 13 Liabilities Borrowings from other banks, financial institutions and agents Deposits and other accounts Current deposits and other accounts Bills payable Savings bank deposits Term deposits 88,898,579,297 3.925,305 619 170.213,630,379 99,380,006,141 362,417,521,436 37.511.749,343 14,000,000,000 433,008,572,277 66,270,302.596 4,332,131,895 145,754,017.061 85,752,836,476 302,109,288,02B 31.073.493.100 10,530,625,000 353,179,969,819 Other liabilities Subordinated debt TOTAL LIABILITIES 14 15 Balance Sheet (Main Operation) As at 31 December 2020 Notes 2020 Taka 2019 Taka 5.500,000,000 11,067,500 9.193,048.174 5,000,000,000 11,067,500 9,193,048.174 Shareholders' equity Paid up share capital Share premium Statutory reserve Other reserve Dividend equalization account Assets revaluation reserve Revaluation reserve of HTM securities Retained earnings TOTAL SHAREHOLDERS' EQUITY TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 16.2 17 18 19 20 21 22 23 1,766,827195 850,413.777 96,905,831 13.951,517,082 31,369,779,559 464,378,351,836 1,766,827195 850 413,777 32,340,447 9.917.833,590 26,771,530,683 379,951,500,502 39,572 273,905 5,654,553,523 35.020,907,978 38,508,239,854 6,271,259,411 27.074,866,414 OFF-BALANCE SHEET ITEMS Contingent liabilities 24 Acceptances and endorsements Letters of guarantee Irrevocable letters of credit Bills for collection Other contingent liabilities Total contingent liabilities Other commitments Documentary credits and short term trade-related transactions Forward assets purchased and forward deposits placed Undrawn note issuance and revolving underwriting facilities Undrawn formal standby facilities, credit lines and other commitments Total other commitments Total off-balance sheet items including contingent liabilities 2.569,651432 82,817,386,838 3.451,670,075 75,306,035,754 82,817,386,838 75,306,035,754 The annexed notes 1 to 50 form an integral part of these financial stotements Profit and Loss Account (Main Operation) For the year ended 31 December 2020 Notes 2020 Taka 2019 Taka 26 27 28 29 30 Interest income Interest paid on deposits and borrowings etc Net interest income Investment income Commission, exchange and brokerage Other operating income Total operating income Salary and allowances Rent, taxes, insurance, electricity, etc. Legal expenses Postage, stamp, telecommunications, etc. Stationery, printings, advertisements, etc. Managing Director & CEO's salary and allowances Directors' fees Auditors' fees Depreciation and repair of bank's assets Other expenses Total operating expenses Profit before provision Provision for loans and off-balance sheet exposures Specific provision for loans General provision for loans Special general provision-Covid 19 for loans General provision for off-balance sheet exposures 32 34 35 36 37 38 39 40 41 42 21,714,066,619 7813.823,212 13,900,243,407 7143,871,577 1,725,671,452 3.605.391,670 26,375,178,106 5.217461,698 2,326,134,531 2,359.569 377,006,559 404,615,350 14,670,000 228,000 609.500 2,337,784,537 5,425,982,116 16,106,851,860 10,268,326,246 24,943,726,342 7389.795.016 17,559,931,326 3,412,225.985 1,928,953,326 3.808,698481 26,709,809,118 4.803,740,212 2,181,287,658 2,130,439 347,921,988 618,152.444 10,750,000 265,000 834,250 2,177009.170 5,537,943,330 15,680,034,491 11,029,774,627 14.1.3 14.1.3(A) 14.1.3(8) 14.1.3(0) 14.1.3(8) 3,351,539,058 421,610,806 (33.091.881) (66,478,073) 817.531,599 75,652 163 793,613,808 28,935,000 822,548,808 9,445,777,438 14.1.1.1 (48,600,024) 3,724,549.840 101,221,000 3,825,770,840 7,204,003,787 Other provision Total provision Profit before taxes Provision for taxation Current tax Deferred tax 14.1.2 11.2.2 3,852,516.597 309,577,349 4,162,093,946 5,283,683,492 3.283,420.884 (188,481,842) 3,094,939,042 4,109,064,745 Net profit after taxation Appropriations Statutory reserve 18 Retained surplus to retained earnings 23.1 The annexed notes 1 to 50 form an integral part of these financial statements 5,283,683,492 4,109,064,745 3. Calculate any 8 ratios of the followings: a. Current ratio Current assets b. Acid-test (quick) ratio c. Receivables turnover Net credit sales d. Inventory turnover Cost of goods sold e. Profit margin f. Asset turnover g. Return on assets h. Return on common dividends i. Earnings per share (EPS) j. Price-earnings (P-E) ratio k. Payout ratio 1. Debt to total assets ratio m. Times interest earned 4. Interpret the above analysis. Balance Sheet (Main Operation) As at 31 December 2020 Notes PROPERTY AND ASSETS 2020 Taka 2019 Taka Cash In hand (including foreign currencies) Balance with Bangladesh Bank and its agent bank (s) (including foreign currencies) 4 5 17.030,120,126 23,858,695,319 16,437,855,873 25,555,947,901 40,838,815,445 41.993,803,774 6 Balance with other banks and financial institutions In Bangladesh Outside Bangladesh Money at call on short notice 19.715,885,793 682,321,195 20.398,206,988 12,602,076, 244 722.463,012 13,324,539,256 7 8 Investments Government Others 106,718,508,845 5,871.283.434 112,589,792,279 52.193.468,169 2,911,283.434 55,104,751,603 9 Loans and advances Loans, cash credits, overdrafts, etc. Bills purchased and discounted 256,245,350.799 1.983,551,092 258,228,901,891 238,033,430,126 4,845,110,193 242,878,540,319 10 7,882,842,212 24,389,793,021 5,380,606,061 21.269.259,489 11 Fixed assets including land, building, furniture and fixtures Other assets Non-banking assets TOTAL ASSETS 464,378,351,836 379,951,500,502 LIABILITIES AND CAPITAL 12 19.079,301,498 9,466,563,691 13 Liabilities Borrowings from other banks, financial institutions and agents Deposits and other accounts Current deposits and other accounts Bills payable Savings bank deposits Term deposits 88,898,579,297 3.925,305 619 170.213,630,379 99,380,006,141 362,417,521,436 37.511.749,343 14,000,000,000 433,008,572,277 66,270,302.596 4,332,131,895 145,754,017.061 85,752,836,476 302,109,288,02B 31.073.493.100 10,530,625,000 353,179,969,819 Other liabilities Subordinated debt TOTAL LIABILITIES 14 15 Balance Sheet (Main Operation) As at 31 December 2020 Notes 2020 Taka 2019 Taka 5.500,000,000 11,067,500 9.193,048.174 5,000,000,000 11,067,500 9,193,048.174 Shareholders' equity Paid up share capital Share premium Statutory reserve Other reserve Dividend equalization account Assets revaluation reserve Revaluation reserve of HTM securities Retained earnings TOTAL SHAREHOLDERS' EQUITY TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 16.2 17 18 19 20 21 22 23 1,766,827195 850,413.777 96,905,831 13.951,517,082 31,369,779,559 464,378,351,836 1,766,827195 850 413,777 32,340,447 9.917.833,590 26,771,530,683 379,951,500,502 39,572 273,905 5,654,553,523 35.020,907,978 38,508,239,854 6,271,259,411 27.074,866,414 OFF-BALANCE SHEET ITEMS Contingent liabilities 24 Acceptances and endorsements Letters of guarantee Irrevocable letters of credit Bills for collection Other contingent liabilities Total contingent liabilities Other commitments Documentary credits and short term trade-related transactions Forward assets purchased and forward deposits placed Undrawn note issuance and revolving underwriting facilities Undrawn formal standby facilities, credit lines and other commitments Total other commitments Total off-balance sheet items including contingent liabilities 2.569,651432 82,817,386,838 3.451,670,075 75,306,035,754 82,817,386,838 75,306,035,754 The annexed notes 1 to 50 form an integral part of these financial stotements Profit and Loss Account (Main Operation) For the year ended 31 December 2020 Notes 2020 Taka 2019 Taka 26 27 28 29 30 Interest income Interest paid on deposits and borrowings etc Net interest income Investment income Commission, exchange and brokerage Other operating income Total operating income Salary and allowances Rent, taxes, insurance, electricity, etc. Legal expenses Postage, stamp, telecommunications, etc. Stationery, printings, advertisements, etc. Managing Director & CEO's salary and allowances Directors' fees Auditors' fees Depreciation and repair of bank's assets Other expenses Total operating expenses Profit before provision Provision for loans and off-balance sheet exposures Specific provision for loans General provision for loans Special general provision-Covid 19 for loans General provision for off-balance sheet exposures 32 34 35 36 37 38 39 40 41 42 21,714,066,619 7813.823,212 13,900,243,407 7143,871,577 1,725,671,452 3.605.391,670 26,375,178,106 5.217461,698 2,326,134,531 2,359.569 377,006,559 404,615,350 14,670,000 228,000 609.500 2,337,784,537 5,425,982,116 16,106,851,860 10,268,326,246 24,943,726,342 7389.795.016 17,559,931,326 3,412,225.985 1,928,953,326 3.808,698481 26,709,809,118 4.803,740,212 2,181,287,658 2,130,439 347,921,988 618,152.444 10,750,000 265,000 834,250 2,177009.170 5,537,943,330 15,680,034,491 11,029,774,627 14.1.3 14.1.3(A) 14.1.3(8) 14.1.3(0) 14.1.3(8) 3,351,539,058 421,610,806 (33.091.881) (66,478,073) 817.531,599 75,652 163 793,613,808 28,935,000 822,548,808 9,445,777,438 14.1.1.1 (48,600,024) 3,724,549.840 101,221,000 3,825,770,840 7,204,003,787 Other provision Total provision Profit before taxes Provision for taxation Current tax Deferred tax 14.1.2 11.2.2 3,852,516.597 309,577,349 4,162,093,946 5,283,683,492 3.283,420.884 (188,481,842) 3,094,939,042 4,109,064,745 Net profit after taxation Appropriations Statutory reserve 18 Retained surplus to retained earnings 23.1 The annexed notes 1 to 50 form an integral part of these financial statements 5,283,683,492 4,109,064,745Step by Step Solution
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