subject : BASIC FINANCE topic : Financial Statement Analysis year & course: 1st year Business Administration

1. Prepare the Comparative Statement of Financial Position of ABC Company along with its Horizontal and Vertical Analysis *

2. Prepare the Statement of Financial Performance of ABC Company along with its Horizontal and Vertical Analysis *

3. Compute for the current ratio (19X6) of ABC Company. (round off to 2 decimal places)

4. Compute for the acid test ratio (19X6) of ABC Company. (round off to 2 decimal places)

5. Compute for the average collection period of ABC Company. (round off to 2 decimal places)

7. Compute for the Times Interest Earned Ratio of ABC Company. (round off to 2 decimal places)

8. Compute for the Debt to Equity of ABC Company. (round off to 2 decimal places)

1985 170 120 80 200 500 180 220 ABC Company Financial Accounts December 31, 19X6 and 1985 1986 Accounts Payable 180 Accounts receivable, net 130 Accrued Liabilities 60 Additional Paid-in Capital - Common Stock 200 Bonds Payable 480 Cash and marketable securities 210 Common Stock, Php 5.00 par 220 Cost of Good Sold 770 Income Taxes (30%) ? Interest Expense 50 Inventory 90 Notes Payable, short term 240 Operating Margin 130 Plant, Property and Equipment, net 1,440 Preferred Stock, Php 10.00 par 100 Prepaid Expenses 70 Retained Earnings 460 Sales 1,100 110 240 1,400 100 70 370 1985 170 120 80 200 500 180 220 ABC Company Financial Accounts December 31, 19X6 and 1985 1986 Accounts Payable 180 Accounts receivable, net 130 Accrued Liabilities 60 Additional Paid-in Capital - Common Stock 200 Bonds Payable 480 Cash and marketable securities 210 Common Stock, Php 5.00 par 220 Cost of Good Sold 770 Income Taxes (30%) ? Interest Expense 50 Inventory 90 Notes Payable, short term 240 Operating Margin 130 Plant, Property and Equipment, net 1,440 Preferred Stock, Php 10.00 par 100 Prepaid Expenses 70 Retained Earnings 460 Sales 1,100 110 240 1,400 100 70 370