Find the following for Bata shoe company Ltd, for the year ending 2018 and 2019: (i) Average
Fantastic news! We've Found the answer you've been seeking!
Question:
Find the following for Bata shoe company Ltd, for the year ending 2018 and 2019: (i) Average collection period (ii) Average payment period (iii) Total asset turnover (iv)Debt ratio (v) Times interest Earned (vi) Gross profit margin
Transcribed Image Text:
ASSETS Non-current assets Property, plant and equipment Prepayments of rent Deferred tax assets Bata Shoe Company (Bangladesh) Limited Statement of Financial Position As at 31 December 2018 Current assets Inventories Accounts receivable Advances, deposits and prepayments Cash and cash equivalents Total assets EQUITY AND LIABILITIES Equity Share capital Reserves and surplus Non-current liabilities Deferred liability Current liabilities Creditors for goods Creditors for expenses Creditors for other finance Accrued expenses Unclaimed dividend Current tax liabilities Total equity and liabilities Net Assets Value (NAV) per share Notes 6 10.1 7 8 9 10 11 12 13 14 15 16 17 18 19 2018 Taka 1,020,777,451 162,881,037 96,500,000 1,280,158,488 3,780,770,110 2,015,228,017 917,897,137 803,217,953 7,517,113,217 8,797,271,705 136,800,000 4,611,667,822 4,748,467,822 316,725,000 316,725,000 1,382,658,532 684,069,112 498,211,246 331,447,170 366,158,564 469,534,259 3,732,078,883 8,797,271,705 347.11 34.3 These financial statements should be read in conjunction with annexed notes 2017 Taka 1,033,681,579 125,048,849 58,300,000 1,217,030,428 3,455,187,780 1,244,323,483 732,217,151 1,103,072,620 6,534,801,034 7,751,831,462 136,800,000 4,087,898,311 4,224,698,311 280,654,000 280,654,000 1,267,053,159 616,630,517 371,936,522 443,203,066 85,379,471 462,276,416 3,246,479,151 7,751,831,462 308.82 ASSETS Non-current assets Property, plant and equipment Prepayments of rent Deferred tax assets Bata Shoe Company (Bangladesh) Limited Statement of Financial Position As at 31 December 2018 Current assets Inventories Accounts receivable Advances, deposits and prepayments Cash and cash equivalents Total assets EQUITY AND LIABILITIES Equity Share capital Reserves and surplus Non-current liabilities Deferred liability Current liabilities Creditors for goods Creditors for expenses Creditors for other finance Accrued expenses Unclaimed dividend Current tax liabilities Total equity and liabilities Net Assets Value (NAV) per share Notes 6 10.1 7 8 9 10 11 12 13 14 15 16 17 18 19 2018 Taka 1,020,777,451 162,881,037 96,500,000 1,280,158,488 3,780,770,110 2,015,228,017 917,897,137 803,217,953 7,517,113,217 8,797,271,705 136,800,000 4,611,667,822 4,748,467,822 316,725,000 316,725,000 1,382,658,532 684,069,112 498,211,246 331,447,170 366,158,564 469,534,259 3,732,078,883 8,797,271,705 347.11 34.3 These financial statements should be read in conjunction with annexed notes 2017 Taka 1,033,681,579 125,048,849 58,300,000 1,217,030,428 3,455,187,780 1,244,323,483 732,217,151 1,103,072,620 6,534,801,034 7,751,831,462 136,800,000 4,087,898,311 4,224,698,311 280,654,000 280,654,000 1,267,053,159 616,630,517 371,936,522 443,203,066 85,379,471 462,276,416 3,246,479,151 7,751,831,462 308.82
Expert Answer:
Answer rating: 100% (QA)
Ill calculate each of the requested financial ratios one by one using the data provided from the financial statements for the year ended 31 December 2018 For any multiyear calculations information fro... View the full answer
Related Book For
Financial Management Principles and Applications
ISBN: 978-0134417219
13th edition
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
Posted Date:
Students also viewed these finance questions
-
(10 points) Given that ry + xy = 1. 1. Find a solution of the differential equation that satisfies the initial condition y(1) = 10. Answer: y = 2. Find a solution of the differential equation that...
-
Francis and Peter are in a partnership sharing profits and losses in the ratio 3:2. The following is their trial balance as at 30 September 2020. particulars D ebit C redit Buildings (cost: RM...
-
Two spaceships pass each other traveling in opposite directions. A passenger in ship A, which she knows to be 100 m long, notes that ship B is moving with a speed of 0.92c relative to A and that the...
-
Air enters a gas-turbine engine (see Fig. 8.11) at 305 K and 1.05 bar and is compressed to 7.5 bar. The fuel is methane at 300 K and 7.5 bar; compressor and turbine efficiencies are each 80%. For one...
-
During an audit engagement an auditor is expected to communicate with lawyers concerning claims, litigation, and assessments. Listed below are five situations regarding LCA. The last clause or...
-
Farm Grown, Inc., produces cases of perishable food products. Each case contains an assortment of vegetables and other farm products. Each case costs $5 and sells for $15. If there are any cases not...
-
Create a popsicle stick bridge that is 12 inches long and 3inches high, with no width restriction BUT it must be a threedimensional truss/bridge. You can only use 25 popsicle sticks, but they can be...
-
You are considering buying gifts for a pair of friends. Both truly enjoy video gaming. However, both have reduced their budget on these items because of the temptation that they can cause. Dana is...
-
Consider the set KCC consisting of the points of the form x+isin(1) for x > 0 together with the interval of points it with |t| 1. Show that K is closed and connected but not path connected....
-
You have a prescription balance available with a sensitivity requirement of 7mg. You require 0.020g of lisinopril for you prescription. If you weigh the least weighable quantity of the drug, and...
-
Please refer to this link: http://www.lazyportfolioetf.com/comparison/warren-buffett-vs-us-stocks/ . According to this article, Warren Buffet has been an unsuccessful investor? Do you agree? Why or...
-
The yield curve reveals that the 1-year spot rate is 6.3%, the 2-year spot rate is 9.2%, and the 3-year spot rate is 12.6%. What is the duration of a 3-year bond with a face value of $1,000.00 making...
-
Explore important new initiatives requiring health care leaders' engagement. 5. Synthesize leadership directions of the future. 6. Examine the relationship between engagement and motivation. 7....
-
Gilbest limited share has a beta of 1.54, the expected return on the market index is 11.2 percent, and the risk free rate is 5 percent. The company has 14 million shares in issue with a market value...
-
At an emergency room, patients arrive at an average rate of one patient every 17 minutes. Assuming that the length of time between arrivals is exponentially distributed. The distribution for X is Are...
-
Don Griffin worked as an accountant at a local accounting firm for five years after graduating from university. Recently, he opened his own accounting practice, which he operates as a corporation....
-
Describe how each of the four financial ratios found in Table 15.3 is used to help managers make financing decisions.
-
What makes preferred stock "preferred"?
-
As you saw in the introduction, the Toyota Prius took some of its sales away from other Toyota products. Toyota has also licensed its hybrid technology to Ford Motor Company, which allowed Ford to...
-
Referring to Table 7.1 in the text: a. Calculate the \(R^{2}\) for each of the regressions. b. Calculate the homoskedasticity-only \(F\)-statistic for testing \(\beta_{3}=\beta_{4}=0\) in the...
-
A Cobb-Douglas production function relates production \((Q)\) to factors of production-capital \((K)\), labor \((L)\), and raw materials \((M)\) - and an error term \(u\) using the equation...
-
Suppose the regression in Equation (8.30) is estimated using LoSTR and \(L o E L\) in place of HiSTR and HiEL, where LoSTR \(=1-H i S T R\) is an indicator for a low-class-size district and \(L o E...
Study smarter with the SolutionInn App