x e de 4 MBFM 230 MEF20 FINANC JAN2022. MFM230 $1. Questionpot GUCAMBORI 572 1001 QUESTION 3 Below we the financial statements for XYZ Sdn Bhd as at 31 December 2020. The company's applying for a loan from EEE Bank. In order to evaluate the company as a potential debitor the bank would like to compare the XYZ Sdn Bind performance with the industry STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2020 Cash 20.000 Account payable 40.000 Marketable securities 55.000 Accrued expenses 20,000 Account recevable 30,000 Taxacoral 40,000 Prepaid expenses 15.000 Long termet 80.000 Inventory 70.000 Common Stock 20.000 Net land and buiding 80.000 Retained earning 70,000 270.000 270 000 INCOME STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2000 Sale 120.000 Cost of good old 55.000 Gross Pro 55.000 Seing Expectos 30.000 Earring Before Interest and Tax 35.000 Interest Expense 200 framing beforeTo 26.800 Tax Expenses 25.600 Pont Awar Tax Expenses Profit Aller Tax 25,520 1.280 INDUSTRY AVERAGE RATIO Current ratio Quick ratio Debt ratio Time interested 160 Average collection period 100% inventory tumover Return on assets 63x Net profit margin 120 Days 130X 10% 40% 22 Based on the given financial statement a) Compute the indicates ration as listed in industry average ratio for XYZ Sdn and b) Analyse the overall performance of the company according to soudity, se profitability and leverage ration (15 Mark) COPYRIGHT RESERVED CONFIDENTIAL Y F G H K B N M