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QUESTION 4 Terrance, a CFO at CIMB Wealth Management Sdn. Bhd., has been asked to assess the firm's financial performance during 2018 and its financial

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QUESTION 4 Terrance, a CFO at CIMB Wealth Management Sdn. Bhd., has been asked to assess the firm's financial performance during 2018 and its financial position at year-end 2016. To complete this task, he gathered the firm's 2018 financial statements (Table 1,2 and 3). In addition. Terrance obtained the firm's ratio values for 2016 and 2017 , along with the 2018 industry average ratios (also applicable for 2016 and 2017 ). CIMB Wealth Management Sdn. Bhd. Balance Sheet as at Compute CIMB Wealth Management Sdn. Bhd.'s financial ratios, for the year 2018 , using the financial statements provided in Table 1 and 2 . (Hint: Calculate the missing figures indicated in Table 3 . Show all workings clearly.) (11 marks) Comment on the firm's overall financial position on the basis of your calculation. (Your comments are expected to address on profitability, management efficiency and gearing position of the company). ( 9 marks)

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