Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

should apply the three main methods of financial statements analysis on the company in the picture above -Horizontal analysis, explain any major changes and compare

image text in transcribed

should apply the three main methods of financial statements analysis on the company in the picture above

-Horizontal analysis, explain any major changes and compare to the industry when it is necessary. -Vertical analysis, explain any major changes and compare to industry when it is necessary. -Ratio analysis, please pick just 5 ratios, explain the result of each ratio and compare to industry when it is necessary.

After you are done with the three main analyses, write your expert opinion on the financial position of the company based on your analysis.

6002 Herfy Food Services Co. Trading name: HERFY FOODS Sector: Consumer Discretionary | Industry Group: Consumer Services Main Market OVERVIEW HISTORICAL DATA STATEMENTS PROFILE BALANCE SHEET STATEMENT OF INCOME CASH FLOW XBRL DETAILED REPORTS AND STATEMENTS ANNUALLY QUARTERLY STATEMENT OF INCOME 2021-12 31 2020 12 31 2019-12-31 2018-12-31 Sales 1,313,856 1,076,083 1,288,310 1,227,270 Sales Cost 928,364 826,494 895,673 882,200 Total Income 385,492 249,589 392,637 345,070 Other Revenues 16,398 24,934 16,866 11,714 401,890 274,523 409,503 356,784 Total Revenues Admin and Marketing Expenses 211,834 183,192 171,048 136,184 Depreciation 28,552 33,132 37,309 12,765 Other Expenses Total Expenses Net Income Before Zakat 240,386 216,324 208,357 148,949 161,504 58,199 201,146 207,835 Zakat 667 5,360 5,058 3,665 Net Income 160,837 52,839 196,088 204,170 Balance First Period 226,812 270,687 232,577 181,043 Reserves 16,084 5,283 20,417 20,856 Cash Dividends 64,680 73,748 137,561 137,678 299,542 226,812 270,687 22,678 Other Distributions Balance End Period All figures are in Currency Thousands Thousands Thousands Thousands SAR SAR SAR SAR Last Update Date 2022-03-21 2021-03-04 2020-02-19 2019-02-28 6002 Herfy Food Services Co. Trading name: HERFY FOODS Sector: Consumer Discretionary | Industry Group: Consumer Services Main Market OVERVIEW HISTORICAL DATA STATEMENTS PROFILE BALANCE SHEET STATEMENT OF INCOME CASH FLOW XBRL DETAILED REPORTS AND STATEMENTS ANNUALLY QUARTERLY STATEMENT OF INCOME 2021-12 31 2020 12 31 2019-12-31 2018-12-31 Sales 1,313,856 1,076,083 1,288,310 1,227,270 Sales Cost 928,364 826,494 895,673 882,200 Total Income 385,492 249,589 392,637 345,070 Other Revenues 16,398 24,934 16,866 11,714 401,890 274,523 409,503 356,784 Total Revenues Admin and Marketing Expenses 211,834 183,192 171,048 136,184 Depreciation 28,552 33,132 37,309 12,765 Other Expenses Total Expenses Net Income Before Zakat 240,386 216,324 208,357 148,949 161,504 58,199 201,146 207,835 Zakat 667 5,360 5,058 3,665 Net Income 160,837 52,839 196,088 204,170 Balance First Period 226,812 270,687 232,577 181,043 Reserves 16,084 5,283 20,417 20,856 Cash Dividends 64,680 73,748 137,561 137,678 299,542 226,812 270,687 22,678 Other Distributions Balance End Period All figures are in Currency Thousands Thousands Thousands Thousands SAR SAR SAR SAR Last Update Date 2022-03-21 2021-03-04 2020-02-19 2019-02-28

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

Evaluate employees readiness for training. page 275

Answered: 1 week ago