Value: $,15\%$

Question $1-$ Financial Statement Analysis

PNG Company Limited

Comparative Statements of Financial Position

as at $31$st December $2016$ and $2017$

PNG COMPANY LIMITED

Income statement

for the year ended $31$st December $2017$

Required:

Calculate required ratios and Compare the ratios with industry

average and make your observations:

Required to:

$($a$)$ Calculate, Compare and interpret appropriate ratios for the year $2017(15$ Marks$)$

$($b$)$ Prepare a brief report about the liquidity, solvency and profitability. $(5$ Marks$)$