Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Statement below is the summarised financial statements of Aiden Co. and Aisar Co. for the year 31st October 2018. Aiden Co. RM 790 Aisar Co.

image text in transcribed

Statement below is the summarised financial statements of Aiden Co. and Aisar Co. for the year 31st October 2018. Aiden Co. RM 790 Aisar Co. RM 1000 1800 1200 1200 720 190 2900 4000 500 Non-current assets Current assets Inventories Trade receivables Bank Total assets Non-current liabilities Loan Current liabilities Trade payables Bank overdraft Total liabilities Equity Capital Retained earnings Total equity Total liabilities and equity 900 1040 800 1840 1400 1160 340 1500 2900 1756 404 2160 4000 Dikehendaki: Required: a. Hitung nisbah berikut untuk Aiden Co. dan Aisar Co.: Calculate the following ratios for Aiden Co. and Aisar Co.: i. Nisbah pantas Quick ratio Nisbah semasa Current ratio iii. Nisbah hutang kepada ekuiti Debt-to-equity ratio iv. Nisbah hutang Debt ratio V. Nisbah ekuiti Equity ratio (10 markah) (10 marks) b. Beri komen mengenai prestasi Aiden Co. dan Aisar Co. berdasarkan nisbah yang dikira di (i). Comment on the performance of Aiden Co. and Aisar Co. based on the ratios calculated in (i). (5 markah)

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

Accounting Custom Edition For National American University

Authors: Charles T. Horngren, Walter T. Harrison Jr, M. Suzanne Oliver

9th Edition

1256297585, 978-1256297581

More Books

Students also viewed these Accounting questions

Question

1. What causes musculoskeletal pain?

Answered: 1 week ago