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Please help me with my homework. Thank you. REQUIREMENT Financial Statement Analysis Refer to the following financial...
Mawar Sdn. Bhd. presented the following balances in the company's statement of financial position for 2017...
Mawar Sdn. Bhd. presented the following balances in the company's statement of financial position for 2017 and 2016. December 31, 2017 December 31, 2016 RM RM Equipment 105,450 76,500 Accumulated depreciation-equipment (48.300) (30,600) Inventory 175.350 139,875 Accounts receivable 19,425 23.250 Cash 53.925 31,800 Ordinary share capital, no par value 207,000 165,000 Retained earnings 55,875 33,450 Accounts payable 38,475 35,625 Tax payable 4,500 6,750 Mawar Sdn. Bhd, presented the following statement of profit or loss for the year ended December 31,...
This is BBM206/05 Business Accounting II subject Question 2 Kopi Sdn Bhd's statement of profit or...
This is BBM206/05 Business Accounting
II subject
Question 2 Kopi Sdn Bhd's statement of profit or loss for the year ended 31 December 2018 and statements of financial position at 31 December 2017 and 31 December 2018 were as following: STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED 31 DECEMBER 2018 RM'000 RM'000 Revenue 720 Raw materials consumed 70 Staff costs 94 Depreciation 118 Loss on disposal of non-current asset 18 Interest payable (28) Profit before tax Taxation (124)...
(101AL. 13 ) QUESTION 5 The following financial statements relate to Star Millenium Sdn. Bhd, which...
(101AL. 13 ) QUESTION 5 The following financial statements relate to Star Millenium Sdn. Bhd, which operates a car detailing retail business: Statement of Profit or Loss and Other Comprehensive Income For the year ended December 31 2016 and 2017 Sales revenue Cost of goods sold Gross profit Operating expenses 2016 RM'000 2,240 (1,745) 495 (252) 243 (18) 225 (61) 164 2017 RM'000 2,681 (2,272) 409 (362) (32) Finance costs Profit before tax Tax expense Profit for the year Statement...
Question 2 Two companies Samsong Sdn Bhd and Huaway Sdn Bhd trade in the same market....
Question 2 Two companies Samsong Sdn Bhd and Huaway Sdn Bhd trade in the same market. Their financial statements for the year ended 30 September 2019 are summarised below: Statements of Comprehensive Income for the year ended 30 September 2019: Samsong Huaway RM'000 RM'000 Revenue 284 405 (155) (251) 129 154 Cost of sales Gross profit Administrative Distribution Depreciation Interest on loan (24) (35) (37) (53) (12) (9) Nil (5) Profit before tax 61 47 Income tax expense (10) (4)...
This is BBM206/05 Business Accounting II subject Question 1 a. Both current ratio and quick ratio...
This is BBM206/05 Business Accounting
II subject
Question 1 a. Both current ratio and quick ratio are designed to estimate the ability of a business to pay for its current liabilities. Explain the difference between these two measurements, by giving examples. [6 marks] b. Below is the Statement of Profit or Loss for the Year Ended 31 December 2018 for Kopi Sdn Bhd. (300) STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED 31 DECEMBER 2018 RM'000 Revenue 720 Cost...
BACP305/03(S) QUESTION 2 On 1 July 2018, Roh Bhd. acquired 70% of the ordinary share capital...
BACP305/03(S) QUESTION 2 On 1 July 2018, Roh Bhd. acquired 70% of the ordinary share capital of Sadam Bhd. There are no preferences shares. The retained earnings of Sadam Bhd. on 1 July 2018 were RM 2,000. Roh Bhd Sadam Bhd Sales Revenue 624,000 109,000 Cost of Sales (267,400) (65.300) Gross Profit 356,600 43,700 Distribution Cost (71,370) (5,100) Administrative expenses (101,430) (10,500) Operating Profit 183,800 28,100 Dividend received from Sadam Sdn Bhd 14.000 Profit before Tax 197,800 28,100 Taxation (51,200)...
The following is the Statement of Profit or Loss and the Statements of Financial Position for...
The following is the Statement of Profit or Loss and the Statements of Financial Position for Nachos Bhd (NB) for the year 2019: Nachos Bhd Statement of Profit or Loss For the year ended 30 September 2019 RM RM Sales 220,000 Cost of sales (98,000) Gross profits 122,000 Selling and distribution costs 25,000 Administrative costs 15,000 Depreciation 2,000 Profit on sale of plant (2,000) (40,000) 82,000 Interest expense (6,000) Investment income 1,000 Gain on sale of investment 2,000 Profit before...
can someone help me with my homework? . CELCOM Stay In Sta... 3:58 PM @ 38%...
can someone help me with my homework?
. CELCOM Stay In Sta... 3:58 PM @ 38% < GROUP ASSIGNMENT - WHT and Ta... QUESTION 2: (a) Tax need not be withheld on royalties, unless they are paid by a Malaysian company to a foreign company where the tax to be deducted is 10%. Required: The above statement is inaccurate or incomplete. State the correct position of withholding tax for royalties. (8 marks) (b) Wing Sdn.Bhd is responsibility to pay royalties...
From the following financial statement calculate the following Ratios: Liquidity: a) Current Ratio b) Inventory Turnover...
From the following financial statement calculate the following
Ratios:
Liquidity:
a) Current Ratio
b) Inventory Turnover
Solvency:
c) Debt to Total Assets Ratio
d) Times Interest Earned Ratio
Profitability:
e) Return on Assets
f) Profit Margin
9 Selected Statement of Financial Position Information 2019 ($'000) 2018 ($'000) 10 11 Cash and Cash Equivalents 12 Trade Receivables 13 Inventories 14 Total Current Assets 15 Total Assets 16 Total Current Liabilities 17 Total Liabilities 18 Retained Earnings 19 Shareholders Equity 20 21...
Question 1 The comparative data from the statement of financial position of Azam Berhad at 31...
Question 1 The comparative data from the statement of financial position of Azam Berhad at 31 December, 2016 and 2017 are as follows. Comparative data on current assets and current liabilities at 31 December 2017 I 2017 2016 I RM RM Current Assets Inventories 454.500 ||490.200 Accounts receivable I 174.100 1190.750 Prepaid expenses 17.100 119.200 Cash and cash equivalents T136.500 17.550 Current Liabilities Accounts payable Short-term bank loan 11117,450 ||123.450 117.250 III.250 Statement of profit or loss for the year...
Mawar Sdn. Bhd. presented the following balances in the company's statement of financial position for 2017 and 2016. December 31, 2017 December 31, 2016 RM RM Equipment 105,450 76,500 Accumulated depreciation-equipment (48.300) (30,600) Inventory 175.350 139,875 Accounts receivable 19,425 23.250 Cash 53.925 31,800 Ordinary share capital, no par value 207,000 165,000 Retained earnings 55,875 33,450 Accounts payable 38,475 35,625 Tax payable 4,500 6,750 Mawar Sdn. Bhd, presented the following statement of profit or loss for the year ended December 31,...
This is BBM206/05 Business Accounting
II subject
Question 2 Kopi Sdn Bhd's statement of profit or loss for the year ended 31 December 2018 and statements of financial position at 31 December 2017 and 31 December 2018 were as following: STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED 31 DECEMBER 2018 RM'000 RM'000 Revenue 720 Raw materials consumed 70 Staff costs 94 Depreciation 118 Loss on disposal of non-current asset 18 Interest payable (28) Profit before tax Taxation (124)...
(101AL. 13 ) QUESTION 5 The following financial statements relate to Star Millenium Sdn. Bhd, which operates a car detailing retail business: Statement of Profit or Loss and Other Comprehensive Income For the year ended December 31 2016 and 2017 Sales revenue Cost of goods sold Gross profit Operating expenses 2016 RM'000 2,240 (1,745) 495 (252) 243 (18) 225 (61) 164 2017 RM'000 2,681 (2,272) 409 (362) (32) Finance costs Profit before tax Tax expense Profit for the year Statement...
Question 2 Two companies Samsong Sdn Bhd and Huaway Sdn Bhd trade in the same market. Their financial statements for the year ended 30 September 2019 are summarised below: Statements of Comprehensive Income for the year ended 30 September 2019: Samsong Huaway RM'000 RM'000 Revenue 284 405 (155) (251) 129 154 Cost of sales Gross profit Administrative Distribution Depreciation Interest on loan (24) (35) (37) (53) (12) (9) Nil (5) Profit before tax 61 47 Income tax expense (10) (4)...
This is BBM206/05 Business Accounting
II subject
Question 1 a. Both current ratio and quick ratio are designed to estimate the ability of a business to pay for its current liabilities. Explain the difference between these two measurements, by giving examples. [6 marks] b. Below is the Statement of Profit or Loss for the Year Ended 31 December 2018 for Kopi Sdn Bhd. (300) STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED 31 DECEMBER 2018 RM'000 Revenue 720 Cost...
BACP305/03(S) QUESTION 2 On 1 July 2018, Roh Bhd. acquired 70% of the ordinary share capital of Sadam Bhd. There are no preferences shares. The retained earnings of Sadam Bhd. on 1 July 2018 were RM 2,000. Roh Bhd Sadam Bhd Sales Revenue 624,000 109,000 Cost of Sales (267,400) (65.300) Gross Profit 356,600 43,700 Distribution Cost (71,370) (5,100) Administrative expenses (101,430) (10,500) Operating Profit 183,800 28,100 Dividend received from Sadam Sdn Bhd 14.000 Profit before Tax 197,800 28,100 Taxation (51,200)...
can someone help me with my homework?
. CELCOM Stay In Sta... 3:58 PM @ 38% < GROUP ASSIGNMENT - WHT and Ta... QUESTION 2: (a) Tax need not be withheld on royalties, unless they are paid by a Malaysian company to a foreign company where the tax to be deducted is 10%. Required: The above statement is inaccurate or incomplete. State the correct position of withholding tax for royalties. (8 marks) (b) Wing Sdn.Bhd is responsibility to pay royalties...
From the following financial statement calculate the following
Ratios:
Liquidity:
a) Current Ratio
b) Inventory Turnover
Solvency:
c) Debt to Total Assets Ratio
d) Times Interest Earned Ratio
Profitability:
e) Return on Assets
f) Profit Margin
9 Selected Statement of Financial Position Information 2019 ($'000) 2018 ($'000) 10 11 Cash and Cash Equivalents 12 Trade Receivables 13 Inventories 14 Total Current Assets 15 Total Assets 16 Total Current Liabilities 17 Total Liabilities 18 Retained Earnings 19 Shareholders Equity 20 21...
Question 1 The comparative data from the statement of financial position of Azam Berhad at 31 December, 2016 and 2017 are as follows. Comparative data on current assets and current liabilities at 31 December 2017 I 2017 2016 I RM RM Current Assets Inventories 454.500 ||490.200 Accounts receivable I 174.100 1190.750 Prepaid expenses 17.100 119.200 Cash and cash equivalents T136.500 17.550 Current Liabilities Accounts payable Short-term bank loan 11117,450 ||123.450 117.250 III.250 Statement of profit or loss for the year...
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