FINANCIAL & BUSINESS ANALYSIS - ASSESSMENT 1 TEST VERSION A- February 2020 (time limit 50mins is the scope of the Test, but you will have 1 hour) Company has produced the following accounts for 2018 and 2019: 2018 '000 2019 '000 Income Statement 112.500 115.000 18.000 19.509 94.500 95,500 Sales (Revenue) Cost of Sales Gross Profit Expenses: Admin. Selling & Distn Operating Profit Inter Payable Corporation Tax Profit after Tax Dividends Retained profit for the Year 3.800 4.200 90,700 91,300 200 200 1.500 1.600 89,000 89,500 2.000 3.500 87.000 86,000 2018 '000 2019 '000 Statement of Financial Position Non Current Assets 123,000 209.150 Current Assets Inventories (Stock) Debtors (Receivables) Bank 1,100 600 1.000 2.700 1.400 10,400 800 12,600 Current Liabilities Creditors (Payables) Accruals 1.800 200 2.000 12.000 50 12.050 123,700 209.700 Total Assets Less Current Liabilities Non Current Liabilities 10% Loan 2.000 2.000 121.700 207,700 NET ASSETS Equity 50p Ordinary Shares Retained Profits ( Reserves ) 6,000 6,000 115,700 201,700 121,700 207,700 5.84 days Question 8 (5 points) Earnings per share for 2019 = ? 14.92 per share 07.46 per share 07.17 per share 14.33 per share Question 915 points)