Suppose you are interested in evaluating Leeds and Creative companies' financial performance during 2020; both companies operate in the technological sector Given the income statement and the balance sheet of each company, answer the following questions: 1. Compile the Proforma Income statement for Leeds and Creative companies for the year 2020 using percent of sales method. Use the information provided on the excel sheets. (3 marks) 2. Fill in the missing amounts in Leeds and Creative companies balance sheets. (3 marks) Given that: Leeds market price per share in 2020 = $8. Leeds dividends in 2020 = $22,000. Creative market price per share in 2020-$10. Creative dividends in 2020 = $34,000 3. Calculate the financial ratios for both companies in 2020. (3 marks) Note: Purchases were %70 of the cost of goods sold for both companies in 2020. C ARE Andere A Dhe Grimer Operatie primar Nem MO RE 3. Calculate the financial ratios for both companies in 2020. (3 marks) Note: Purchases were %70 of the cost of goods sold for both companies in 2020. Chat Art A Timex prwin margin MON ROL 4. Analyze the overall financial situation from a cross-sectional viewpoint. Compare each company's ratios with the industry average. What are the strengths and weaknesses of each company? Which company is best to invest in and why? (3 marks) NI 12 4.de Arnolds Apm 189 Era SOM Themen Tun G 9 Nam RON MO 5. Prepare the cash flow statement for both companies for the year ended December 31st, 2020, using the indirect method. (3 marks) + Suppose you are interested in evaluating Leeds and Creative companies' financial performance during 2020; both companies operate in the technological sector Given the income statement and the balance sheet of each company, answer the following questions: 1. Compile the Proforma Income statement for Leeds and Creative companies for the year 2020 using percent of sales method. Use the information provided on the excel sheets. (3 marks) 2. Fill in the missing amounts in Leeds and Creative companies balance sheets. (3 marks) Given that: Leeds market price per share in 2020 = $8. Leeds dividends in 2020 = $22,000. Creative market price per share in 2020-$10. Creative dividends in 2020 = $34,000 3. Calculate the financial ratios for both companies in 2020. (3 marks) Note: Purchases were %70 of the cost of goods sold for both companies in 2020. C ARE Andere A Dhe Grimer Operatie primar Nem MO RE 3. Calculate the financial ratios for both companies in 2020. (3 marks) Note: Purchases were %70 of the cost of goods sold for both companies in 2020. Chat Art A Timex prwin margin MON ROL 4. Analyze the overall financial situation from a cross-sectional viewpoint. Compare each company's ratios with the industry average. What are the strengths and weaknesses of each company? Which company is best to invest in and why? (3 marks) NI 12 4.de Arnolds Apm 189 Era SOM Themen Tun G 9 Nam RON MO 5. Prepare the cash flow statement for both companies for the year ended December 31st, 2020, using the indirect method. (3 marks) +
