Question 9 Not yet rowered Maried out of 10.00 p Flag question Financial Statement Analysis by using ratio analysis for Al Ain Diary Farm (CLO2). As at December 31, 2018 and 2019 (Millions of Dollars) Assets Cash Accounts Receivable 2018 2019 S 10 S 30 36 24 50 60 96 200 114 240 Total Current Assets Gross fixed assets Accumulated depreciation Na faed assets Total assets Labilities and many equity Accounts payable Notes payable Tutal current abilities Long term det Carmen ock 80 120 80 160 216 274 40 64 18 58 16 80 Tulaquity SO 66 70 hanya melalur 2018 5558 million und $125 million, respectively. On the Dharam de million wad 100 million, tapety 42 66 216 58 274 Where, Al Ain Diary Farm net income and Sales for 2019 is $50 million and $125 million, respectively. On the other hand, Al Ain Diary Farm net income and Sales for 2018 are $ 30 million and $100 million, respectively. Based on the aforementioned information, analyze the financial performance for Al Ain Diary Farm for 2018 and 2019 and compare the performance of the company using the following financial ratios: 1. Quick Ratio 2. Total Assets Turnover 3. Average collection period 4. Return on common equity (ROE) 5. Debt Ratio You may use these formulas: 1 Current st - Curata 2. Total asset turnover - Sales - Total assets 3. Average collection period - Accounts receivable Average sales per day Accounts receivable Annual sales 365 4. Dettato Total liabilities - Total assets 1. Equity (ROE) - Fanings vailable for common stockholders - Common stock equity BIEB Question 9 Not yet rowered Maried out of 10.00 p Flag question Financial Statement Analysis by using ratio analysis for Al Ain Diary Farm (CLO2). As at December 31, 2018 and 2019 (Millions of Dollars) Assets Cash Accounts Receivable 2018 2019 S 10 S 30 36 24 50 60 96 200 114 240 Total Current Assets Gross fixed assets Accumulated depreciation Na faed assets Total assets Labilities and many equity Accounts payable Notes payable Tutal current abilities Long term det Carmen ock 80 120 80 160 216 274 40 64 18 58 16 80 Tulaquity SO 66 70 hanya melalur 2018 5558 million und $125 million, respectively. On the Dharam de million wad 100 million, tapety 42 66 216 58 274 Where, Al Ain Diary Farm net income and Sales for 2019 is $50 million and $125 million, respectively. On the other hand, Al Ain Diary Farm net income and Sales for 2018 are $ 30 million and $100 million, respectively. Based on the aforementioned information, analyze the financial performance for Al Ain Diary Farm for 2018 and 2019 and compare the performance of the company using the following financial ratios: 1. Quick Ratio 2. Total Assets Turnover 3. Average collection period 4. Return on common equity (ROE) 5. Debt Ratio You may use these formulas: 1 Current st - Curata 2. Total asset turnover - Sales - Total assets 3. Average collection period - Accounts receivable Average sales per day Accounts receivable Annual sales 365 4. Dettato Total liabilities - Total assets 1. Equity (ROE) - Fanings vailable for common stockholders - Common stock equity BIEB