SECTION A PP Catering Group is now operating five fine dining restaurants in Hong Kong The group planned to open a new restaurant in year 2023. You are the Financial Director of PP Catering Group that you will be awarded a special homes it the act income growth could be maintained at 15% in cach year, normally In the middle of 2021, a competitor entered the market targeting similar customers and caused a considerable loss of customers that affected the business performance seriously Based on the following financial statements factual of 2001 and forecast of 2002), answer all the questions in this section (Show your works clearly and and the figures to come decimal place) PP Catering Gece States of Contem.bome.fr For the Year Faded 31 Des 2012 2002 Saks 1.000.000 950.000 Cost of god sold 695.000 488.000 Grass pero 462.000 Operationes Salaries and was 130 000 120.000 Dapsee S. 5.000 Rom 2.000 96,000 Inne 18.000 13.000 Misce 30.000 44000 000 46.000 346,400 Operating scene 36.000 115.600 Interpone 300 10.00 Income before comes 1920 10400 Income 55.60 12000 Nel come 297300 87,200 14.00 160.000 76,000 210.000 150,000 55.000 SURE PP Catering State of Final Position in de Asal Al Cash Accounts recebe Inventories Fume and guest Total Lubles Accoupable Lombok Tuale Shareholders Commonsures Spar) Paid in capital ince of Retained camp Total sharkley Total lubates and shares 120.000 100.000 35.00 155.000 100.000 45.000 100.000 191.000 316,002 SAL 46 HSTHOLS 1. What is the main purpose for preparing the statement of financial position? Why is it important to shareholders? (4 marks) 2 sing horizontal analysis, calculate the percentage changes the projecte de rent, and net income of 2022 as compared to the actual of 2021 16 marks) 3. Analyze and report the result of ptujected test al projected it come in year 2022. marks) 4. Based on the analysis result of projected net income. what is the impact on you as the Financial Director of PP Calming Group SECTION A PP Catering Group is now operating five fine dining restaurants in Hong Kong The group planned to open a new restaurant in year 2023. You are the Financial Director of PP Catering Group that you will be awarded a special homes it the act income growth could be maintained at 15% in cach year, normally In the middle of 2021, a competitor entered the market targeting similar customers and caused a considerable loss of customers that affected the business performance seriously Based on the following financial statements factual of 2001 and forecast of 2002), answer all the questions in this section (Show your works clearly and and the figures to come decimal place) PP Catering Gece States of Contem.bome.fr For the Year Faded 31 Des 2012 2002 Saks 1.000.000 950.000 Cost of god sold 695.000 488.000 Grass pero 462.000 Operationes Salaries and was 130 000 120.000 Dapsee S. 5.000 Rom 2.000 96,000 Inne 18.000 13.000 Misce 30.000 44000 000 46.000 346,400 Operating scene 36.000 115.600 Interpone 300 10.00 Income before comes 1920 10400 Income 55.60 12000 Nel come 297300 87,200 14.00 160.000 76,000 210.000 150,000 55.000 SURE PP Catering State of Final Position in de Asal Al Cash Accounts recebe Inventories Fume and guest Total Lubles Accoupable Lombok Tuale Shareholders Commonsures Spar) Paid in capital ince of Retained camp Total sharkley Total lubates and shares 120.000 100.000 35.00 155.000 100.000 45.000 100.000 191.000 316,002 SAL 46 HSTHOLS 1. What is the main purpose for preparing the statement of financial position? Why is it important to shareholders? (4 marks) 2 sing horizontal analysis, calculate the percentage changes the projecte de rent, and net income of 2022 as compared to the actual of 2021 16 marks) 3. Analyze and report the result of ptujected test al projected it come in year 2022. marks) 4. Based on the analysis result of projected net income. what is the impact on you as the Financial Director of PP Calming Group
