Question: Answer it please as soon as possible Thanks ABA plc's income statements for the years ended 31 December 2021 and 2020 and the statements of

Answer it please as soon as possible Thanks ABA plc's income

statements for the years ended 31 December 2021 and 2020 and the

Answer it please as soon as possible Thanks

ABA plc's income statements for the years ended 31 December 2021 and 2020 and the statements of financial position as at 31 December 2021 and 2020 are as follows: CONTINUES NEXT PAGE Page 8 of 9 MN1405R 2022 MN1405R 2022 (a) Using the information extracted from the financial statements, calculate the following ratios for 2020 and 2021 (ALL ratio formulas and calculations must be clearly shown): (1) Operating Profit margin (2) Gross profit margin (3) Current ratio (4) Acid test ratio (5) Gearing Ratio (6) Interest Cover Ratio (24 marks) (b) Using the financial statements provided and comparing the results of the ratio analysis for 2020 and 2021 , analyse and evaluate the performance of ABA plc (including profitability, gearing and liquidity). (16 marks) Toal: 40 marks

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

ABC plc's income statements for the years ended 31 December 2021 and 2020 and the statements of financial position as at 31 December 2021 and 2020 are as follows: ABC plc: income statements for the...

Marksman Son Bhd's income statements for the years ended 31 December 2021 and 2022 and the statements of financial position (balance sheet) as at 31 December 2021 and 2022 are as follows: Income...

Please show a Statement of Cash Flows for the year ended 31 December 2022. 2. Explain why profit should be reconciled to net operating cash flows. Give examples from this question to explain your...

Marksman Sdn Bhds income statements for the years ended 31 December 2021 and 2022 and the statements of financial position (balance sheet) as at 31 December 2021 and 2022 are as follows: Additional...

QUESTION 1 Below are the financial statements of EF Plc. INCOME STATEMENTS FOR THE YEARS ENDED 31 DECEMBER 2019 2018 Em fm Revenue 5,100 4,650 Cost of sales (3.250) (2.950) Gross profit 1,850 1,700...

SECTION A (40 MARKS) This question is Compulsory in this section. QUESTION 1 (40 Marks) The following are summarised accounts of the Prague Bhd and its group companies for the year ended 31 December...

Question (1) Jonny plcs income statements for the years ended 31 December 2020 (current year) and 2019 (previous year) and the statements of financial position as at 31 December 2020 and 2019 are as...

1. Return on Assets (ROA) A. Calculate the ROA ratios for Bank X and Bank Y. B. Using the decomposition analysis, clearly show the sources of the difference in the two banks' ROA ratios. Please...

Income statements for the years ended 31 December 2020/2019 Revenue Cost of sales: Inventory Purchases Closing inventory Gross profit Other income (on Loans/receivables) Less: Expenses: 2020 2019 K K...

Hello can i please have some help with these questions please. 1. Briefly explain the general purpose of each of the three financial statements (the income statement, the balance sheet and the cash...

Choose five of the strategies Identify a company that is using or has used the strategy (note: your examples must be different from the examples provided in textbook). Provide the strategy, the...

Recall that score son the Wechsler IQ test are normally distributed with mean 100 points and standard deviation 15 points. a. A students IQ is at the 87th percentile. Find the students IQ. Is it an...

If a government has significant assets that are not depreciated how should those assets be reported

a=2 b= 0 c= 2 d=0 e=0 f=9 g=3 5. Draw the Network diagram for the following project. Estimate the Earliest start time and Latest finish time for each activity. If every day it cost 200 rials for this...