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Sirap Pandan Sdn. Bhd. has gathered its balance sheet for years 2018 and 2019 as...

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Question

Finance

  1. Sirap Pandan Sdn. Bhd. has gathered its balance sheet for years 2018 and 2019 as shown below:

2018

2019

Current assets:

Cash

Accounts receivable Inventory

RM

220,000

80,000

100,000

RM

290,000

170,000

140,000

Non-current assets:

Furniture

400,000

300,000

Total Assets

800,000

900,000

Current liabilities:

Accounts payable Accrued expenses

160,000

80,000

200,000

100,000

Long term debt

180,000

180,000

Equity

380,000

420,000

Total Liabilities and Equity

800,000

900,000

You are required to:

  1. Calculate the net working capital for 2018 and 2019.

  1. Calculate the current ratio for 2018 and 2019.

( 6 )

( 6 )

  1. Based on your answer in (a) and (b) above, what can you conclude about the companys liquidity position?

  1. Explain the relationship between a companys liquidity and its returns.

( 4 )

( 4 )

( Total / Jumlah: 20 )

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