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QUESTION 4) (30 pts) Below table is 2021 annual balance sheet of a company listed in Boursa Kuwait. Using the data in the table answer

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QUESTION 4) (30 pts) Below table is 2021 annual balance sheet of a company listed in Boursa Kuwait. Using the data in the table answer the questions, CONSOLIDATED HTATEMENT OF FRANCIAL POSITION AS OF DECEMBER 20 mann w IS CONSOLIDATED STATEMENT OF MOTOR LOSS FOR TICHARDNED DECEMBER 3.SU Shes Com Se for Ah a) Although company combined accounts receivables and other debit balances in one line item in the balance sheet (see Current Assets), what should be the main difference between accounts receivables and other debit balances? Write a min. of 20 words) (5 pts) b) Calculate the percentage of assets devoted to cash and cash equivalents in 2019 and 2020 (show the calculations otherwise you will not gain any points) (10 pts) Calculate percentage of change in "Total Revenue and the change in "Accounts receivables and debit balances from 2019 to 2020 separately. (Show the calculation otherwise you will not gain any points) (10 pts) di Considering your answer for (indicate whether the change in receivables relative to change in revenue is favorable or not, and comment on the trend depending on at least one possible reason, Write a min of 30 words) 15 pts) QUESTION 4) (30 pts) Below table is 2021 annual balance sheet of a company listed in Boursa Kuwait. Using the data in the table answer the questions, CONSOLIDATED HTATEMENT OF FRANCIAL POSITION AS OF DECEMBER 20 mann w IS CONSOLIDATED STATEMENT OF MOTOR LOSS FOR TICHARDNED DECEMBER 3.SU Shes Com Se for Ah a) Although company combined accounts receivables and other debit balances in one line item in the balance sheet (see Current Assets), what should be the main difference between accounts receivables and other debit balances? Write a min. of 20 words) (5 pts) b) Calculate the percentage of assets devoted to cash and cash equivalents in 2019 and 2020 (show the calculations otherwise you will not gain any points) (10 pts) Calculate percentage of change in "Total Revenue and the change in "Accounts receivables and debit balances from 2019 to 2020 separately. (Show the calculation otherwise you will not gain any points) (10 pts) di Considering your answer for (indicate whether the change in receivables relative to change in revenue is favorable or not, and comment on the trend depending on at least one possible reason, Write a min of 30 words) 15 pts)

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