You are currently employed as an Investment Analyst at Oman Investment Agency (OIA). The Company is currently considering investing in Raysut Cement Company. Required: 1- Evaluate the Liquidity position for Raysut Cament Company using Cash-Based Ratio measures for the year 2019. Explain the company’s current liquidity position clearly with clear reference to the company’s operational environment. (The statement of financial position is attached)
Q: increased from the 2019 figure”. Required: Using the information provided by the cash flow…
A: Particulars Amount(£000) Amount(£000) Cash Flow from operating activities: Net Loss before…
Q: Dolente Ltd is a small company which designs, manufactures and sells innovative electronic…
A: Cash Flow Statement: Cash flow statement is financial statement which summarizes the amount of…
Q: od Part 1 is top half of Statement of Cash Flows and Part 2 is the bottom bottom half
A:
Q: True or false, suppose Auga Company Ltd just started business and was looking for additional capital…
A: The correct option with proper explanation of above statement are as follows
Q: You have been provided Income Statement and Financial Position Statement of Oman Cement Company SAOG…
A: Since you have asked multiple questions we will solve the first question for you,If you want any…
Q: The net cash provided by operating activities is
A: Cash flow from operating activities: Examples of Cash flow from operating activities Cash Receipts…
Q: On the basic of the cash flow statemnet attachd for Funtastic ltd for year 2019, 2018 and 2017,…
A: Cash Flow Statement is a summarized statement which provide the details regarding source and…
Q: Refer to the financial statements and related disclosure notes of The Kroger Company for the fiscal…
A:
Q: As part of your analysis, you are required to investigate Micron Industries’ cash flows and selected…
A: Since you have posted a question with multiple sub-parts, we will solve the first 5 sub-parts for…
Q: Statement of cash flows helps the investors and other stake holders to assess_________. Select one:…
A: Statement of cashflows: It is a part of financial statement, which contains information related to:…
Q: Company ABC is preparing its 2021 financial statements. At the end of 2021, the company purchased a…
A: Cash Flow Statement - Under Cash Flow, there are three types of activities involved - Operating…
Q: with the help of the attached cash flow statements of the company, evaluate the companies for…
A: Cash flow statement is the financial statement which is made to know the cash derived from each…
Q: Discuss the relations between net income and cash flow from operations and among cashflows from…
A:
Q: Review the existing literature to critically examine the relative information content of the income…
A: “Hey, since there are multiple questions posted, we will answer first question. If you want any…
Q: Jim Sox Company owns debt securities classified as available for sale which were acquired in 2019 at…
A: A cash flow statement is a part of financial statements which shows how a company raises and spends…
Q: Assume you are a financial analyst in an investment company, and you are required to analyse and…
A: Return on Equity Ratio: Return on equity implies the measurement of organization’s Income by using…
Q: Compute the following ratios and measurement for 2020 a. Rate of return on invested capital b. Cash…
A: Formula:
Q: Required: a. Record the transactions in a horizontal statements model. In the Cash Flow column,…
A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: s part of your analysis, you are required to investigate WITCO’s cash flows. (a)Using the financial…
A: Cash flow analysis is important for the business since it allows the business to assess the amount…
Q: As part of your analysis, you are required to investigate DEVCON Industries' cash flows and selected…
A: Ratio analysis is the method of checking the company's operational efficiency, liquidity, and…
Q: As part of your analysis, you are required to investigate Insignia Corporation Limited’s cash flows.…
A: Solution- OPERATING CASH FLOW: EBIT + DEPRECIATION - TAXES = 420000+60000-117000 =…
Q: The accounting staff of High tech manufacturer has assembled the following information for the year…
A: Here, it has been assumed that the purchases are credit purchases.
Q: he following selected data for the Food Factory Corporation were gathered by the accountants for the…
A: The cash flow statement represents the cash inflow and cash outflow of the company.
Q: Year 2019 2020 2021 2022 2023 Long-term Debt ($M) 45000 46,000 47,333 48,667 50,000 Profits ($M,…
A: Hello. Since your question has multiple sub-parts, we will solve the first three sub-parts for you.…
Q: a. How much is the firm's net working capital and what is the debt ratio? b. Complete a statement of…
A: a. Net working capital for 2018 = Total current assets - Total current liabilities =155,500 -…
Q: a) Calculate the following ratios for 2016 and 2015, showing detailed calculations as to how you…
A:
Q: Natalie has prepared the balance sheet and income statement of Cookie & Coffee Creations Inc. and…
A: Cash flow statements are the statements that determine the inflow and outflow of cash from three…
Q: Morgensen Software Corp. has assembled the following data for the years ending December 31, 2021 and…
A: The cash flow statement is part of the financial statements of the company. It is prepared at the…
Q: Novak Corporation is preparing its 2020 statement of cash flows, using the indirect method.…
A: In Operating Activities : Increase in Current assets is Deducted from net income in the operating…
Q: Using the above financial data, prepare the statement of cash flow for 2020 using the indirect…
A: The cash flow statement is an essential part of the financial statements of the organization. It is…
Q: Novak Corporation is preparing its 2020 statement of cash flows, using the indirect method.…
A: Statement of cash flows:
Q: As part of your analysis, you are required to investigate Insignia Corporation Limited’s cash flows.…
A: Cash flow statement: It is a statement which reports the cash inflows and outflows of a business…
Q: In comparison to investing and financing activities, it is often said that cash from operating…
A: The cash flow statement assesses a corporation's ability to handle its cash balance, or how…
Q: Freeman, Inc. began operations on January 1, 2020. During 2020, the company engaged in the following…
A: Cash flow from investing activities: It is a section of the cash flow statement that shows the cash…
Q: Given the information provided by the financial statements in Situation 2, what would you tell…
A: Cash flow statement The purpose of preparing the cash flow statement which provides the details of…
Q: negative figure.
A: Cash flow is the inflow and outflow of cash and helps in determining the net cash balance with the…
Q: Instructions: Using the following adjusted trial balance, complete the following for 2019:…
A: Financial statements include Income Statement, Statement of Stockholder's Equity, and Balance Sheet.…
Q: for $29,600, and purchased trading securities for $65,200. The bank sold securities available for…
A: Solution - GAAP stands for GENERALLY ACCEPTED ACCOUNTING PRINCIPLE . The accounting rules and…
Q: Novak Corporation is preparing Its 2020 statement of cash flows, using the indirect method.…
A: The cash flow statement is an essential part of the financial statements of the organization. It is…
Q: You have been provided Income Statement and Financial Position Statement of Oman Cement Company SAOG…
A: Working capital = Current Assets- Current Liabilities Working Capital is the daily capital used for…
Q: The Chief Finance Officer of Kulit Company follows the policy of matching the maturity of assets…
A: cash, receivable and inventory should be financed with long-term debt or equity
Q: 30.For 2020, the FNL Corporation reported $ 21,500 of Income on an Equity Method Investment. During…
A: Cash flow statement is a statement prepared by an organization to show the in flow and out flow of…
Q: Natalie has prepared the balance sheet and income statement of Cookie & Coffee Creations Inc. and…
A: The direct method is one of the two accounting treatments used to generate the cash flow…
Q: E. True or false, buying property, plant and equipment would be considered a cash outflow from…
A: Cash Flow Statement - Cash flow statement determines the total cash inflows and outflows occurred to…
Q: Suppose you need to quickly determine how much money your firm received from the sale of equipment…
A: Financial Statements is the statement which contains all the monetary information of the entity…
Q: The partner in charge of the Kappeler Corporation audit comes by your desk and leaves a letter he…
A: Statement of cash flows: This statement reports all the cash transactions which are responsible for…
Q: From the following information on the income statement and the balance sheet, what is free cash flow…
A: Free Cash Flow: Following the payment of operational costs and capital expenditures, free cash flow…
Q: Company ABC is preparing its 2021 financial statements. At the end of 2021, the company purchased a…
A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…
Q: As part of your analysis, you have decided to investigate Angostura’s cash flows. Using the…
A: Financial Statements are the records that help to analyze the working of business and financial…
Q: Please submit financial statements for 2021 for Company Co Landscaping, including a balance sheet,…
A: Income Statement The purpose of preparing the income statement is to know the actual income which…
You are currently employed as an Investment Analyst at Oman Investment Agency (OIA). The Company is currently considering investing in Raysut Cement Company.
Required:
1- Evaluate the Liquidity position for Raysut Cament Company using Cash-Based Ratio measures for the year 2019. Explain the company’s current liquidity position clearly with clear reference to the company’s operational environment. (The
Step by step
Solved in 2 steps with 4 images
- Prepare the Pro Forma Statement of Financial Position as at 31 December 2023 from the Statement ofFinancial Position and additional information provided below:INFORMATIONThe financial position of Gatti Limited as at 31 December 2022 is reflected the following statement:Statement of Financial Position as at 31 December 2022 R ASSETSNon-current assets 1 400 000Property, plant and equipment 1 200 000Fixed deposits 200 000Current assets 5 800 000Inventories 3 400 000Accounts receivable 2 000 000Cash and cash equivalents 400 000Total assets 7 200 000 EQUITY AND LIABILITIESEquity 4 680 000Ordinary share capital 3 600 000Retained earnings 1 080 000Non-current liabilities 720 000Long-term loan 720 000Current liabilities 1 800 000Accounts payable 1 800 000Total equity and liabilities 7 200 000 Additional informationThe following must be taken into account for 2023:■ Sales are forecast at R60 000 000, with a profit margin of 10% and a gross margin of 30%. Fifty percent(50%) of the sales is…l-Itihad Corporation Balance SheetDecember 31, 2019AssetsLiability & EquityCurrent AssetsCurrent LiabilityCash$5,000Accounts payable22,000Short term securities10,000Accrual Account8,000Account Receivables30,000Short term debt6,000Inventory32,000Total Current Liability36,000Long-term debt40,000Total Current Assets77,000TotalLiability76,000Long term AssetsEquityNet Property & equipment70,000CommonStocks64,000Retained earnings17,000Total Equity81,000Total Liability and Equity157,000Other assts 10000Total Assets157,000Sur Corporation Income StatementDecember 31, 2019Other Financial information of Sur corporation December 31, 2019Net sales (revenue)$150,000· Average Number of Common shares outstanding 16,000 Shares· Market price of Common share $3.5Cost of goods sold80,000Gross profit70,000Operating expenses30,000EBIT- (Operating profit)40,000Interest expense10,000EBT- ( Earnings before taxes)30,000Income tax 10,000Net Income (net profit)20,000You have to find the following ratios…Mvula Limited Statement of Financial Position as at: 28 February 2021 ASSETS Non-current assets Fixed/tangible assets Financial assets Fixed deposit Current assets Inventory Trade and other receivables Cash and cash equivalents Fixed deposit TOTAL ASSETS 4 320 350 EQUITY AND LIABILITIES Bay Holdings Limited: 30 June 2021.Required:Statement of financial position as at: 30 June 2021InformationBALANCE SHEET ACCOUNTSOrdinary share capital 2 648 000Retained income (1 Jul 2020) 490 000Shareholders for dividends 280 000Fixed deposit 60 000Mortgage bond 336 000Fixed/tangible assets (Carrying value) 4 021 000Debtors control 45 000Creditors…
- Transactions Alex and Hagi decided to open a home cleaning service company, H@L The following information is a partial list of transactions from H@L Inc. January 1- Alex and Hagi each donated $ 25.000 in exchange for common stock to start the business. March 3- H@L Inc., paid $ 3.000 cash for a two-year insurance policy that was effective immediately. March 15-The Company purchased $8.000 of supplies on account. April 5- The Company purchased some cleaning equipment for $10.000 cash. The equipment should last for five years with no residual value. H@L company will take a full year of depreciation in 2020. May 1-H@L Inc., purchased a year's worth of advertising in a local newspaper for $ 1.200 cash. September 1- The Company obtained a nine-month loan for $ 15.000 at 5% from Do Not Trust Bank, with interest and principal payable on June 2021. December 31- The Company paid $ 5.000 of accounts payable owed from transaction 3. December 31- The Company earned service revenues of $ 26.225, of…The following are the summarised statements of financial position of WWW Ltd, Zonko's Ltd and MoM Ltd as at 31 July 2020: www Ltd Zonko's Ltd МоM Ltd €000 €000 €000 Assets Non-current assets Property, Plant and Equipment 12,830 7,690 5,130 Investment in Zonko's 5,040 1,390 4,490 Investment in MoM Current assets 2,680 1,770 Total assets 23,750 10,370 6,900 Equity and liabilities Equity Ordinary share capital (€1) Retained earnings 10,000 5,000 4,000 7,930 3,210 1,250 Non-current liabilities 1,200 900 2,000 3,820 Current liabilities 960 750 Total equity and liabilities 23,750 10,370 6,900 The following additional notes are available: 1. www Ltd acquired three million of the ordinary shares of Zonko's Ltd on 1 October 2011 when the retained earnings of Zonko's Ltd were €1,800,000. 2. www Ltd acquired 30% of the ordinary shares of MoM Ltd on 1 March 2012 when the retained earnings of MoM Ltd were €500,000. 3. During July 2020 MoM Ltd sold goods to WWW Ltd at invoice value €60,000 on which…Financed by: Paid-up: Share Capital Retained Earnings Reserves Long Term Liabilities Current Other payables Trade creditors Liabilities Accrued expense Barakah Company Balance Sheet as at 31st December 2019 100,000 245,500 30,000 Additional Information: i) ii) 600,000 155,500 75,000 830,500 25,000 375,500 1,231,000 Fixed Assets (net after depreciation) $ Land & Buildings Equipment Vehicles Fixtures & Fittings Current Assets Inventory Accounts Receivable Prepayments Cash at Bank Cash in Hand Work-in-Progress is one-sixth of the total Inventory. Prepayments are related to the rental of buildings. Bad debt is 5% for the year. Non-Muslim ownership is at 20%. 350,500 200,500 150,000 50,000 751,000 Required: Determine the zakat base and due for the company using: (a) Net Current Assets method; and (b) Net Invested Fund Method. 125,000 215,000 10,000 110,000 20,000 1,231,000
- CAPRI LIMITED STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2022 ASSETS Non-current assets Property, plant and equipment (cost) Accumulated depreciation Investments Current assets Inventory Accounts receivable Bank R 5 040 000 4 980 000 (1 260 000) 1 320 000 6 120 000 2 100 000 2 460 000 1 560 000 11 160 000 EQUITY AND LIABILITIES Equity 7 500 000 5 118 000 Ordinary Share Capital Retained Income 2 382 000 Non-current liabilities Loan Current liabilities Accounts payable Dividends payable 2 700 000 2 700 000 960 000 576 000 384 000 11 160 000QUESTION 5 REQUIRED 5.1 Use the information provided below to calculate the following ratios for 2019. Where applicable, round off answers to two decimal places. 5.1.1 Inventory turnover period 5.1.2 Trade receivables period 5.1.3 Trade payables period 5.1.4 Return on capital employed 5.1.5 Current ratia 5.1.6 Acid-test ratio 5.2 Explain how the company can improve on the following by providing twa suggestions each: 5.2.1 Inventory turnover period 5.2.2 Trade receivables period INFORMATION Excerpts of the financial data of Leo Limited for 2019 are as follows: Income statement for the year ended 31 December 2019 R Sales 3 250 000 2 200 000 332 000 Cost of sales Operating profit Interest expense 44 000 Profit before tax 288 000 Company tax 86 000On 1 July 2019, ABC Ltd took control of the assets and liabilities of PQR Ltd. At this date the statement of financial position of PQR Ltd was as follows:Carrying AmountFair ValueMachinery$40 000$57 000Fixtures & fittings60 00078 000Vehicles35 00045 000Current assets10 00022 000Current liabilities(16 000)(19 000)Total net assets$129 000Share capital (80 000 shares at $1.00 per share)80 000General reserve20 000Retained earnings29 000Total equity$129 000REQUIRED:Prepare the acquisition analysis in the records of ABC Ltd at 1 July 2019 in the following situations, assuming the costs of issuing the shares by ABC Ltd cost $2600:a. ABC Ltd issued 80 000 shares having a fair value of $2.50 per share in exchange for the net assets of PQR Ltdb. ABC Ltd acquired the shares of PQR Ltd. The agreement was that ABC Ltd would pay the shareholders of PQR Ltd one share in ABC Ltd for every two shares held in PQR Ltd plus $1 in cash for each share held in PQR Ltd. Shares…
- 1. The following information is from Direct to You Corp.’s (DYC) financial records for its year ended December 31, 2020: Select statement of financial position information: 2020 2019 Investments in financial assets (at fair value through profit or loss [FVPL]) 12,000 10,000 Inventory 575,000 498,000 Property, plant, and equipment (PPE) 1,984,000 1,396,000 Less: accumulated depreciation (650,400) (487,000) Copyright 126,000 135,000 Patents 564,000 417,000 Select statement of comprehensive income information: Depreciation of property, plant, and equipment (334,400) Amortization of patents (65,000) Interest expense (75,000) Impairment loss — copyright (9,000) Gain on sale of PPE 23,000 Additional information: PPE that originally cost $570,000 was sold during the year. 100,000 common shares were issued in 2020 to acquire $450,000 of property, plant, and equipment. DYC is subject to IFRS. What amount of net cash used…The following information pertains to BT21 Co. for the year.· Net assets, Jan.1, 2021- P1,008,480· Net assets, Dec. 31. 2021- P2,112,960· Share capital issued in 2021- P335,520· Dividends declared in 2021- P195,120How much is the profit (loss)?KORBIN COMPANY Comparative Balance Sheets December 31, 2019, 2018, and 2017 2019 2018 2017 Assets Current assets $ 52,390 $ 37,924 Long-term investments Plant assets, net $51,748 3,950 60,000 500 100,000 96,000 Total assets $152,390 $134,424 $115,698 Liabilities and Equity $ 22,800 72,000 9,000 48,590 $ 19,960 72,000 9,000 33,464 $ 20,300 60,000 6,000 29,398 Current liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity $152,390 $134,424 $115,698