Required: (a) Identify and comment on FOUR (4) main trends shown by the above financial information without
Fantastic news! We've Found the answer you've been seeking!
Question:
(a) Identify and comment on FOUR (4) main trends shown by the above financial information without calculating any ratios. (8 marks)
(b) Calculate the following ratios for years 2021 and 2020 (accurate to 2 decimal places):
(i) Net profit margin
(ii) Quick ratio
(iii) Accounts payable payment days
(vi) Stock turnover ratio
(v) Debt ratio
(c) Write a report to the Managing Director of IBT Berhad to comment about the performance of the company in terms of profitability, liquidity, and efficiency using the calculated in part
(b) and any additional information provided in the financial statement.
Related Book For
Financial Accounting
ISBN: 978-1118978085
IFRS 3rd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date: