Non-current assets Property, plant and equipment Investments in joint ventures Ikimif Bhd Statement of Financial Position...

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Non-current assets Property, plant and equipment Investments in joint ventures Ikimif Bhd Statement of Financial Position as at 31 December 2020 RM ('000) Current assets Cash and cash equivalents Trade receivables Inventories Total assets Equity and Liabilities Common stocks Reserves Non-current liabilities Long term loan Current Liabilities Accounts payable Accruals Borrowings Total equity and liabilities Additional information: 1. 2. 3. a. 300 2,500 1,200 1,650 100 250 RM ('000) 22,000 1,00 0 23,000 4,000 27,00 0 20,000 2,00 0 22,000 Use 360 days per year. All sales are on credit. The ordinary shares outstanding were 15,000,000 units on 31 December 2020. Required: 3,000 2,000 27,00 Calculate the above twelve ratios (applied to get the industry averages) for Ikimif Bhd for the period ended December 2020. Non-current assets Property, plant and equipment Investments in joint ventures Ikimif Bhd Statement of Financial Position as at 31 December 2020 RM ('000) Current assets Cash and cash equivalents Trade receivables Inventories Total assets Equity and Liabilities Common stocks Reserves Non-current liabilities Long term loan Current Liabilities Accounts payable Accruals Borrowings Total equity and liabilities Additional information: 1. 2. 3. a. 300 2,500 1,200 1,650 100 250 RM ('000) 22,000 1,00 0 23,000 4,000 27,00 0 20,000 2,00 0 22,000 Use 360 days per year. All sales are on credit. The ordinary shares outstanding were 15,000,000 units on 31 December 2020. Required: 3,000 2,000 27,00 Calculate the above twelve ratios (applied to get the industry averages) for Ikimif Bhd for the period ended December 2020.

Answer rating: 100% (QA)

To calculate the twelve ratios for Ikimif Bhd as of December 31 2020 well use the given financial information Lets start with the ratios 1 Current Rat... View the full answer