Kimly Limited and RE&S Holdings Limited are public companies limited by shares. Kimly Limited Kimly Limited...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Kimly Limited and RE&S Holdings Limited are public companies limited by shares. Kimly Limited Kimly Limited is one of the largest traditional coffee shop operators in Singapore. The Group operates and manages an extensive network of coffee shops, food courts and industrial canteens. RE&S Holdings Limited RE&S is a multi-concept owner and operator of Food & Beverage outlets in Singapore and Malaysia that provides customers with authentic Japanese cuisine and dining experience. Note • Students with an even register number will answer questions related to Kimly Limited. • Students with an odd register number will answer questions related to RE&S Holdings Limited. • Students who do not do the assigned company will be heavily penalised. Company Assigned a) Refer to the company's financial statements in the annual report for 2022 and compute the following financial ratios. Show your workings and round your figures to 2 decimal places. Ratio Net Profit Margin (%) (use Profit before tax) Current Ratio (use Group figures) Debt Ratio (%) (use Group figures) 2022 b) Comment on the ratios calculated in part (a). 2021 (18 marks) (12 marks) Kimly Limited and RE&S Holdings Limited are public companies limited by shares. Kimly Limited Kimly Limited is one of the largest traditional coffee shop operators in Singapore. The Group operates and manages an extensive network of coffee shops, food courts and industrial canteens. RE&S Holdings Limited RE&S is a multi-concept owner and operator of Food & Beverage outlets in Singapore and Malaysia that provides customers with authentic Japanese cuisine and dining experience. Note • Students with an even register number will answer questions related to Kimly Limited. • Students with an odd register number will answer questions related to RE&S Holdings Limited. • Students who do not do the assigned company will be heavily penalised. Company Assigned a) Refer to the company's financial statements in the annual report for 2022 and compute the following financial ratios. Show your workings and round your figures to 2 decimal places. Ratio Net Profit Margin (%) (use Profit before tax) Current Ratio (use Group figures) Debt Ratio (%) (use Group figures) 2022 b) Comment on the ratios calculated in part (a). 2021 (18 marks) (12 marks)
Expert Answer:
Answer rating: 100% (QA)
Assuming the following financial data for Kimly Limited Net Profit before Tax for 2022 10000000 Net Profit before Tax for 2021 8000000 Current Assets ... View the full answer
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Posted Date:
Students also viewed these accounting questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
The last two decades have taught us that when it comes to financial deregulation, it is possible to have too much of a good thing too quickly. Financial deregulation has often taken place...
-
Gate ABC in Fig. P2.79 is 1-msquare and hinged at B. It opens automatically when the water level is high enough. Neglecting atmospheric pressure, determine the lowest level h for which the gate will...
-
The following frequency distribution reports the amount, in thousands of dollars, owed by a sample of 50 public accounting firms. Find the mean, median, and standard deviation. Amount ($ thousands)...
-
Wal-Mart Stores, Inc. reported income taxes of \($3,692,000,000\) on its 2001 in- come statement and income taxes payable of \($1,129,000,000\) at January 31, 2000, and \($841,000,000\) at January...
-
The accounting records for Juan Electric Corporation contained the following balances as of December 31, 2010: The following accounting events apply to Juan Electric Corporation?s 2011 fiscal year:...
-
Use n = 10 and p = 0.7 to complete parts (a) through (d) below. (a) Construct a binomial probability distribution with the given parameters. X P(x) X P(x) 0 0.0000 6 0.2001 1 0.0001 7 0.2668 2 0.0014...
-
For each of the following scenarios, indicate whether or not independence-related SEC rules are being violated, assuming that the audit entity is a public company. Briefly explain why or why not. a....
-
As a future classroom educator, provide one example of how the UDL Framework will assist you with the task of integrating instructional technology into the lesson plans you will prepare. Describe the...
-
Some progressive hair dyes marketed to men, such as GrecianFormula 16, contain lead acetate, Pb(CH3CO2)2. As the dye solutionis rubbed on the hair, the Pb2+ ions react with the sulfur atoms inhair...
-
Comparison of Apple inc. horizontal analysis based on the balance sheet of the company years 2020-2021 and 2021-2022
-
If you decide to revise your essay for a better grade, I expect you to make radical revisions to your essay. (e.g. A major change to a paragraph, idea, thesis, example, etc. 2. AND highlight the...
-
Assignment Details This list contains costs that various organizations incur; they fall into three categories: direct materials (DM), direct labor (DL), or overhead (OH). Classify each of these items...
-
Another example : int shsort(int s[], int n){ /* Shell Sort */ int i, j,d; d=n/2; while(d>=1){ } for(i=d+1;i 0)&&(s[0]
-
REGION: CPA Ontario 1. Maria owns investments with the following adjusted cost base (ACB) and fair market value (FMV). Maria would like to transfer some of these assets to her family in order to ac...
-
Give codons for the following amino acids: (a) Th (b) Asp (c) Thr
-
Wheelie Electric, Inc., performs tune-ups on automobiles. It has five service bays. During September, Wheelie Electric had the following operating data: Required: Direct materials include spark...
-
Why do companies usually have more controls for cash than for other assets?
-
Why are two variances, rather than one, used to measure and control materials and labor costs?
-
EuroVirtuals EPS and Euro Appreciation/ Depreciation. Since its introduction in 2003, the euro has been fluctuating against major global currencies. a. What is the impact of 15% appreciation of all...
-
EuroVirtuals EPS Sensitivity to Exchange Rates (B). Assume a major weather crisis hits Switzerland, reducing its agricultural and food industries and subsequently leading to a macroeconomic...
-
EuroVirtuals Global Taxation and Effective Tax Rate. All MNEs attempt to minimize their global tax liabilities. Return to the original set of baseline assumptions and answer the following questions...
Study smarter with the SolutionInn App