QUESTION/SOALAN: MARKS/MARKAH 1. The following financial statements have been extracted from the annual reports of Wildan Berhad and Bravo Berhad for the financial year ended 30 June 2019. Wildan Berhad Bravo Berhad RM RM Revenue 30,000,000 40,000,000 Cost of sales (12,000,000) (15,000,000) Gross profit 18,000,000 25,000,000 Other income 2,500,000 5,000,000 Administrative expenses (1,500,000) (3,000,000) Other operating expenses (500,000) (600,000) (2,000,000) (3,600,000) Profit from operations 18,500,000 26,400,000 Finance costs (200,000) (300,000) Profit before tax 18,300,000 26,100,000 Tax expense (4,575,000) (6,525,000) Profit for the financial year 13,725,000 19,575,000 Profit attributable to ordinary 13,725,000 19,575,000 shareholders Non-current assets Current assets Inventories Trade receivables Total assets Non-current liabilities Current liabilities Trade payables Total liabilities Total equity 25,000,000 10,000,000 5,000,000 3,000,000 35,000,000 5,000,000 2,000,000 800,000 7,000,000 28,000,000 60,000,000 15,000,000 4,000,000 5,000,000 75,000,000 8,000,000 5,000,000 2,000,000 13,000,000 62,000,000 BBFA2203/MAY 2020/LM Required: a) Prepare the following ratio analysis indicated below for Wildan Berhad and Bravo Berhad. i) Gross profit margin ii) Net profit margin ii) Return on capital employed iv) Current ratio v) Total asset turnover vi) Trade receivables collection (days) vii) Inventory turnover (times) viii) Debt ratio (16) b) Discuss which company is better in terms of financial performance. (4) (Total/ Jumlah: 20) [Maximum 4 pages / Maksimum 4 muka surat]