S Table Tools 6 X FIN301 (questions only) - Word (Product Activation Failed) Design Layout References Mailings Review File Home Insert View Design Layout Tell me what you want to do... Sign in Share Calibri (Body) 12 - AI Aa- SET 2 Cut Copy Format Painter Clipboard AaBbCc AaBbCel AaBbCc AaBbcc AaBbCel AaBbc AaBb 1 Normal Question 11 No Spac... Heading 4 Headings Section Title Paste BIU - abe X, x* Aaly - A , , Find - abc Replace Select - Editing Font Paragraph Styles Kingdom Corporation Income Statement At December 31, Year 2018 and Year 2019 BD (Bahraini Dinar) Year 2018 Year 2019 Sales COGS and operating expenses Operating profit Interest expense Pretax profit Tax expense (35%) Net income 1,636,500 1,470,955 165,545 21,825 143,720 50,302 93,418 1,782,450 1,538,655 243,795 19,899 223,896 78,364 145,532 F Calculate: a. Net operating assets (NOA) for years 2018 and 2019 (2 marks) b. Net operating profits after tax (NOPAT) for years 2018 and 2019 (2 marks) C. Return on net operating assets (RNOA) for year 2019 (1 mark) d. Disaggregate the RNOA for year 2019 (2 marks) e. Return on common equity (ROCE) for year 2019 (1 mark) f. Disaggregate the ROCE for year 2019 (2 marks) "Answer" Page 6 of 12 40 of 1256 words Dx English (United Kingdom) + 90% Type here to search O PL w AE ca DA) ENG 10:37 PM 05/07/2021 e. Accounts payable turnover (1 mark) f. Average payable days outstanding (1 mark) g. Net operating working capital turnover (1 mark) h. Net financial obligations (NFO) (1 mark) i. Financial leverage (1 mark) j. Operating profit margin (OPM) (1 mark) "Answer" "Question 2" "Allocated Mark - 10 marks" Financial information of Kingdom Company for years 2018 and 2019 are reported below: Kingdom Corporation Balance Sheet At December 31, Year 2018 and Year 2019 Year 2018 Year 2019 BD (Bahraini Dinar) Assets Cash Marketable securities - current Account receivable, net Inventories Total current assets 115,500 39,500 175,200 204,205 534,405 79,300 48,505 183,500 265,805 577,110 Investment in unconsolidated subsidiaries Marketable securities Property, plant, equipment Goodwill Total long-term assets 34,180 50,865 1,645,645 6,550 1,737,240 63,500 56,950 1,695,695 6,955 1,823,100 Total assets 2,271,645 2,400,210 Liabilities Notes payable Account payable Taxes payable Current maturities of long-term debt Total current liabilities 7,955 139,450 24,385 35,505 207,295 13,505 145,985 13,645 33,000 206,135 Long-term debt 495,860 835,980 Total assets 2,271,645 2,400,210 Liabilities Notes payable Account payable Taxes payable Current maturities of long-term debt Total current liabilities 7,955 139,450 24,385 35,505 207,295 13,505 145,985 13,645 33,000 206,135 Long-term debt Pension Total long-term liabilities 495,860 730,655 1,226,515 835,980 780,985 1,616,965 Equity Common stock Additional paid-in capital Retained earnings Total stockhoders' equity 393,525 18,755 425,555 837,835 427,305 18,905 130,900 577,110 Total liabilities and equity 2,271,645 2,400,210
