1. Ratio Analysis -

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

What is the Analysis for year 2018 - 2020? 

Solution -
1. Ratio Analysis -
Sr. No.
Ratio
Computation
2020
2019
2018
18,682,887-
37,147,683 -
37,780,761 -
1
Working Capital
Current Assets - Current Liabilities
(9,716,448)
22,887,618
22,187,849
%3D
%3D
28,399,335
14,260,065
15,592,912
Current Assets
18,682,887
37,147,683
37,780,761
2 Current Ratio
0.66
2.61
2.42
Current Liabilities
28,399,335
14,260,065
15,592,912
Cash + Short term Investment + Trade Receivable
12,004,536
28,399,335
23,474,045
30,277,807
3 Quick Ratio
0.42
1.65
1.94
Current Liabilities
14,260,065
15,592,912
Cash + Short Term Investments
6,441,406
19,168,612
19,908,727
4 Cash Position Ratio
0.23
1.34
1.28
Current Liabilities
28,399,335
14,260,065
15,592,912
Transcribed Image Text:Solution - 1. Ratio Analysis - Sr. No. Ratio Computation 2020 2019 2018 18,682,887- 37,147,683 - 37,780,761 - 1 Working Capital Current Assets - Current Liabilities (9,716,448) 22,887,618 22,187,849 %3D %3D 28,399,335 14,260,065 15,592,912 Current Assets 18,682,887 37,147,683 37,780,761 2 Current Ratio 0.66 2.61 2.42 Current Liabilities 28,399,335 14,260,065 15,592,912 Cash + Short term Investment + Trade Receivable 12,004,536 28,399,335 23,474,045 30,277,807 3 Quick Ratio 0.42 1.65 1.94 Current Liabilities 14,260,065 15,592,912 Cash + Short Term Investments 6,441,406 19,168,612 19,908,727 4 Cash Position Ratio 0.23 1.34 1.28 Current Liabilities 28,399,335 14,260,065 15,592,912
Expert Solution
steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Knowledge Booster
Analytical Techniques
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education