Question: please help all question QUESTION 5 (20 MARKS: 36 MINUTES) Addam Sdn. Bhd. and Ikhwan Sdn. Bhd. are two competing companies selling computer accessories. The

please help all question QUESTION 5 (20 MARKS: 36 MINUTES) Addam

please help all question

QUESTION 5 (20 MARKS: 36 MINUTES) Addam Sdn. Bhd. and Ikhwan Sdn. Bhd. are two competing companies selling computer accessories. The comparative statements of financial position as at 30 June 2017 are as follow: Additional information: i. The balance of the following accounts as at I July 2016 is as follows: BKAFI023 INTRODUCTION TO FINANCIAL ACCOUNTING ii. Partial information of Comparative Statements of Profit or Loss and Other Comprehensive Income from both companies for the year ended 30 June 2017 are as follows: Addam Sdn. Bhd. Ikhwan Sdn. Bhd. REQUIRED: (b) Identify which company has a better ability in meeting its business obligations based on your answer in (a) above. Justify you answer. (3 Mark) (c) Calculate the following ratios for both companies: i. Rate of return on total assets. ii. Rate of return on shareholders' equity (2 Marks) (2 Marks)

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