Question: The financial statements for Bunga Rotan Berhad (BRB) are provided below: Income Statement For the...

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

Answer rating: 100% (QA)

i Return on Equity 2022 5803257 x 100 1779 2021 4923286 x 100 1501 ii Ret... View the full answer