Using the Emaar annual report perform the following: 1.1 Prepare 1. A Summary of the message
Question:
Using the Emaar annual report perform the following:
1.1 Prepare 1. A “Summary of the message of the president” of the company or the CEO. a) Include in the summary each company’s annual financial performance as disclosed by the president of the company b) the sales and profit for the year c) projections for the future. c. Prepare a brief summary of the Auditor’s report and include “word by word the auditor opinion” d. Using the Balance sheet and income statement prepare a financial ratio analysis using the following ratios for 2019 and 2018 and comment if the company’s ratios improved in 2019 compared to 2018 and if the ratios disclose favorable or unfavorable performance.
2. Conclusion of the work performed and the company’s performance
3. Include in your answer the following Appendix Table:
Selected Financial Data 2019 – Emaar | ||||
2019 | 2018 | 2019 – 2018 Increase (Decrease) | ||
Sales | ||||
Cost of goods sold | ||||
% of cost of goods sold to sales | ||||
Gross Profit | ||||
% of Gross profit to sales | ||||
Net income | ||||
% of net income to sales | ||||
Total Assets | ||||
Current Assets | ||||
% of current assets to total assets | ||||
Long term assets | ||||
% of long term assets to total assets | ||||
Current Liabilities | ||||
% of current liabilities to total assets | ||||
Long term liabilities (Bonds Payable | ||||
% of long term liabilities to total assets | ||||
Total Liabilities | ||||
% of total liabilities to total assets | ||||
Equity Ordinary shares | ||||
Equity Premium | ||||
Equity Preference shares | ||||
Equity Premium | ||||
Total Equity | ||||
Retained earnings | ||||
Total stockholder’s equity | ||||
% of total equity to total assets | ||||
% of retained earnings to total assets |
Financial Statement Analysis
ISBN: 978-0078110962
11th edition
Authors: K. R. Subramanyam, John Wild