Below are the summarized Statements of Financial Position of Top Sdn Bhd and Karex Sdn Bhd...
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Below are the summarized Statements of Financial Position of Top Sdn Bhd and Karex Sdn Bhd as at 30 June 2015. Non-current assets Current assets Total assets Commercial paper Factoring Accounts Receivable 5 Year term loan Total debt Equity Total liabilities and equities Notes: a. Top Sdn Bhd RM b. i. 560,000 170,000 730.000 ii. 95,000 70,000 300.000 465,000 265,000 730.000 Karex Sdn Bhd RM 780,000 310.000 1.090.000 The percentage of temporary current assets for Top Sdn Bhd and Karex Sdn Bhd are 40% and 60%, respectively. Required: 10,000 50,000 700.000 760,000 330.000 1.090.000 Prepare the revised Statement of Financial Position for Top Sdn Bhd and Karex Sdn Bhd by showing the permanent and temporary assets and sources of financing. State the working capital financing strategies used by the companies. Briefly explain the implication of the strategy to the companies. Below are the summarized Statements of Financial Position of Top Sdn Bhd and Karex Sdn Bhd as at 30 June 2015. Non-current assets Current assets Total assets Commercial paper Factoring Accounts Receivable 5 Year term loan Total debt Equity Total liabilities and equities Notes: a. Top Sdn Bhd RM b. i. 560,000 170,000 730.000 ii. 95,000 70,000 300.000 465,000 265,000 730.000 Karex Sdn Bhd RM 780,000 310.000 1.090.000 The percentage of temporary current assets for Top Sdn Bhd and Karex Sdn Bhd are 40% and 60%, respectively. Required: 10,000 50,000 700.000 760,000 330.000 1.090.000 Prepare the revised Statement of Financial Position for Top Sdn Bhd and Karex Sdn Bhd by showing the permanent and temporary assets and sources of financing. State the working capital financing strategies used by the companies. Briefly explain the implication of the strategy to the companies.
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a Balance sheet items regrouped as per tenor Fixed Assets Noncurrent assets Total Permanent C... View the full answer
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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