Financial analysis is the process of evaluating business, projects, budgets and other financial activities to determine...
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Financial analysis is the process of evaluating business, projects, budgets and other financial activities to determine their performance and stability. In this case study, you are required to respond all questions given The table below is shows the financial ratio of Mr DIY Group (M) Sdn Bhd for the year 2021 and 2022. RATIO Current ratio Quick Ratio Inventory turnover ratio Average collection period Fixed asset turnover Total asset turnover Debt ratio Gross profit margin Net profit margin Return on assets Return on equity 2021 2.014 X 0.623 X 2.646 X 14.97 days 2.087 X 1.25 X 57.45% 41.26% 17.38% 15.99% 37.58% 2022 1.909 X 0.383 X 2.127 X 12.13 days 2.046 X 1.20 X 56.89% 41.33% 16.09% 14.23% 33.01% Ratio generated from the Annual Report Mr DIY Grop (M) Sdn Bhd for the year 2022 QUESTIONS 1. Write a comment for each of the financial ratio for 2022 with comparison of 2021. 2. Based on the financial analysis, interpret THREE (3) problems arises in the company, 3. Based on the problem arises, discuss THREE (3) business strategies for 2023/2024. Financial analysis is the process of evaluating business, projects, budgets and other financial activities to determine their performance and stability. In this case study, you are required to respond all questions given The table below is shows the financial ratio of Mr DIY Group (M) Sdn Bhd for the year 2021 and 2022. RATIO Current ratio Quick Ratio Inventory turnover ratio Average collection period Fixed asset turnover Total asset turnover Debt ratio Gross profit margin Net profit margin Return on assets Return on equity 2021 2.014 X 0.623 X 2.646 X 14.97 days 2.087 X 1.25 X 57.45% 41.26% 17.38% 15.99% 37.58% 2022 1.909 X 0.383 X 2.127 X 12.13 days 2.046 X 1.20 X 56.89% 41.33% 16.09% 14.23% 33.01% Ratio generated from the Annual Report Mr DIY Grop (M) Sdn Bhd for the year 2022 QUESTIONS 1. Write a comment for each of the financial ratio for 2022 with comparison of 2021. 2. Based on the financial analysis, interpret THREE (3) problems arises in the company, 3. Based on the problem arises, discuss THREE (3) business strategies for 2023/2024.
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Solution 1 Comments on the Financial Ratios for 2022 with a Comparison to 2021 a Current Ratio The current ... View the full answer
Related Book For
Auditing A Practical Approach with Data Analytics
ISBN: 978-1119401742
1st edition
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
Posted Date:
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