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As a financial analyst of Bintang Bulan Berhad, you are required to analyse the company's financial performance. The financial statements of the company are as follows: BINTANG BULAN BERHAD STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2022 (RM) Cash Account Receivable Inventory Prepaid expenses Net buildings and equipment TOTAL ASSETS Depreciation Operating profit Less: Interest Profit before tax Less: Tax PROFIT AFTER TAX 48,500 Account Payable Notes Payable 64,000 BINTANG BULAN BERHAD STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED 31 DECEMBER 2022 Revenue Less: Cost of goods sold Gross profit Less: Selling and administrative expenses Current Ratio Quick Ratio 56,000 Accruals 21,000 Long-term debt Bond Preferred share Common share Retained earnings 2,690,000 TOTAL CLAIMS Debt Ratio Time Interest Earned 2,500,500 INDUSTRY AVERAGE RATIOS 2.10 times 1.30 times 30 percent 6.5 times Average Collection Period Inventory Turnover Net Profit Margin Return on Assets 38,000 24,000 20,000 820,500 427,000 610,000 670,000 80,500 2,690,000 Based on the above financial statements: a) Calculate the indicated ratios for Bintang Bulan Berhad. (RM) 3,265,000 1,650,000 1,615,000 550,000 450,000 615,000 115,000 500,000 150,000 350,000 10 days. 25.5 times 9.95 percent 12.5 percent

As a financial analyst of Bintang Bulan Berhad, you are required to analyse the company's financial performance. The financial statements of the company are as follows: BINTANG BULAN BERHAD STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2022 (RM) Cash Account Receivable Inventory Prepaid expenses Net buildings and equipment TOTAL ASSETS Depreciation Operating profit Less: Interest Profit before tax Less: Tax PROFIT AFTER TAX 48,500 Account Payable Notes Payable 64,000 BINTANG BULAN BERHAD STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED 31 DECEMBER 2022 Revenue Less: Cost of goods sold Gross profit Less: Selling and administrative expenses Current Ratio Quick Ratio 56,000 Accruals 21,000 Long-term debt Bond Preferred share Common share Retained earnings 2,690,000 TOTAL CLAIMS Debt Ratio Time Interest Earned 2,500,500 INDUSTRY AVERAGE RATIOS 2.10 times 1.30 times 30 percent 6.5 times Average Collection Period Inventory Turnover Net Profit Margin Return on Assets 38,000 24,000 20,000 820,500 427,000 610,000 670,000 80,500 2,690,000 Based on the above financial statements: a) Calculate the indicated ratios for Bintang Bulan Berhad. (RM) 3,265,000 1,650,000 1,615,000 550,000 450,000 615,000 115,000 500,000 150,000 350,000 10 days. 25.5 times 9.95 percent 12.5 percent

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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As a financial analyst of Bintang Bulan Berhad, you are required to analyse the company's financial performance. The financial statements of the company are as follows: BINTANG BULAN BERHAD STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2022 (RM) Cash Account Receivable Inventory Prepaid expenses Net buildings and equipment TOTAL ASSETS Depreciation 48,500 Account Payable Notes Payable 64,000 Operating profit Less: Interest Profit before tax Less: Tax PROFIT AFTER TAX 56,000 21,000 2,500,500 Revenue Less: Cost of goods sold Gross profit Less: Selling and administrative expenses Current Ratio Quick Ratio Debt Ratio Time Interest Earned Accruals Long-term debt Bond Preferred share Common share Retained earnings 2,690,000 TOTAL CLAIMS BINTANG BULAN BERHAD STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED 31 DECEMBER 2022 INDUSTRY AVERAGE RATIOS 2.10 times Average Collection Period 1.30 times Inventory Turnover Net Profit Margin 30 percent 6.5 times Return on Assets 38,000 24,000 20,000 820,500 427,000 610,000 Based on the above financial statements: a) Calculate the indicated ratios for Bintang Bulan Berhad. 670,000 80,500 2,690,000 (RM) 3,265,000 1,650,000 1,615,000 550,000 450,000 615,000 115,000 500,000 150,000 350,000 10 days 25.5 times 9.95 percent 12.5 percent
Transcribed Image Text:As a financial analyst of Bintang Bulan Berhad, you are required to analyse the company's financial performance. The financial statements of the company are as follows: BINTANG BULAN BERHAD STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2022 (RM) Cash Account Receivable Inventory Prepaid expenses Net buildings and equipment TOTAL ASSETS Depreciation 48,500 Account Payable Notes Payable 64,000 Operating profit Less: Interest Profit before tax Less: Tax PROFIT AFTER TAX 56,000 21,000 2,500,500 Revenue Less: Cost of goods sold Gross profit Less: Selling and administrative expenses Current Ratio Quick Ratio Debt Ratio Time Interest Earned Accruals Long-term debt Bond Preferred share Common share Retained earnings 2,690,000 TOTAL CLAIMS BINTANG BULAN BERHAD STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED 31 DECEMBER 2022 INDUSTRY AVERAGE RATIOS 2.10 times Average Collection Period 1.30 times Inventory Turnover Net Profit Margin 30 percent 6.5 times Return on Assets 38,000 24,000 20,000 820,500 427,000 610,000 Based on the above financial statements: a) Calculate the indicated ratios for Bintang Bulan Berhad. 670,000 80,500 2,690,000 (RM) 3,265,000 1,650,000 1,615,000 550,000 450,000 615,000 115,000 500,000 150,000 350,000 10 days 25.5 times 9.95 percent 12.5 percent
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