Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. answer question no. 2 only, answer within 1 hours

Answer question no. 2 only, Answer within 1 hours 30...

50.1K

Verified Solution

Question

Accounting

image

Answer question no. 2 only, Answer within 1 hours 30 mint , i will give a like for sure

Balance sheet(Tk in millions) Income statement (Tk in millions) Assets Liabilities and equity 2019 2020 2019 2020 2019 2020 Cash 100 100 Current Liabilities 500 400 Sales 2000 2100 A/C receivable 500 450 long term debt 900 900 Cost of goods sold 1200 1400 Short term 100 150 Equity 500 650 Expenses 200 250 investment Inventory 200 200 EBIT 3000 3250 Fixed Asset 1000 1050 Interest expenses 100 200 1900 1950 1900 1950 Tax 200 250 Net income 2700 2800 Others 2019 2020 Price per share 7 8 No of shares 300 300 Categories Specific ratio Formula 2019 2020 Comment Current Inventory turnover PE EPS Quick Profit margin Times interest earned ROA ROE Asset turnover Debt to Asset Receivable Turnover 1. Calculate the ratios using the data of both years and make comment by comparing those results (12) 2. Horizontal analysis on Balance sheet & Income statement. Comment on the changes. (4)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Find the bearing from O to A N W A E The bearing from O...

Finance
1.2K views

Problem 12-04 Sales Increase Maggie's Muffins Bakery generated $4,000,000 in sales during 2016, and its year-end...

Medical Sciences
1.2K views

Consider the client's case history: 30 year-old female with gradual hearing loss over the last 3...

Civil Engineering
1.2K views

structure design A load that has been applied to a structure could sometimes be regarded as favourable....

Biology
1.2K views

itical Thinking Assignment Chapter 11 o species of fish had recently undergone sympatric speciation Th...

Physics
1.2K views

10 58 eV In photo emissive cell with exciting wavelength the fastest electron has speed...

Calculus
1.2K views

Score 20 100 1 12 answered Question 3 4 miles Southeast 3 miles South A...

Accounting
1.2K views

Please provide an overview of AS 1101, 1105 and 2105.

Accounting
1.2K views

Pedro realiz un ingreso neto de $12,000 por concepto de ventas en su negocio ...

Accounting
1.2K views

APRIL MAY JUNE QUARTER^ You have just been...

Accounting
1.2K views

please answer CAREY, DOREN, and EVEREST The budgets of...

Finance
1.2K views

Bart Software has 8.3 percent coupon bonds on the market with 22 years to maturity....