Question: Please answer for this The financial statements for Bunga Rotan Berhad (BRB) are provided below: Income Statement For the financial year ended 31St December, (in
Please answer for this

The financial statements for Bunga Rotan Berhad (BRB) are provided below: Income Statement For the financial year ended 31St December, (in RM'ODO) 2022 2021 Revenue 18,184 19,205 Cost of sales 3,000 2,780 Gross profit 15,184 16,425 Operating expenses 13,533 14,703 Interest expenses 420 372 Earnings before tax 1,231 1,350 Tax 651 858 Net income 580 492 Statement of Financial Position As at 31\" December (in RM'000) 2022 2021 Cash 4,875 4,986 Accounts receivable 12,239 11,073 Inventory 2,147 2,086 19,261 18,145 Non-current assets 3,042 2,714 Total assets 22,303 20,859 Accounts payables 154 135 Shortterm notes payables 5,485 5,437 5,639 5,572 Noncurrent liabilities 9,966 9,071 Common stocks 3,257 3,286 Retained earnings 3,441 2,930 Total liabilities and equities 22,303 20,859 a. For both years, compute the following: i. Return on equity ii. Return on assets iii. Inventory turnover iv. Average collection period v. Accounts receivable turnover From the information given, you are required to answer the following questions. (3 Marks) (3 Marks) (3 Marks) (3 Marks) (3 Marks) b. Based on your computation in part (a) interpret and compare the performance of BRB for the year 2022 and the year 2021 based on the following categories of ratio: i, Asset management ii. Profitability (6 Marks) (4 Marks) (Total: 25 Marks)
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