Based on the financial statements provided, compute the following financial ratios. Show your workings and round your figures to 2 decimal places.Ratio20202019Current Ratio Quick Ratio Debt Ratio (%) NOTEGROUPCOMPANY2020201920202019$2$LIABILITIES AND EQUITYCurrent liabilitiesLoans and borrowings – current portion141,465,5281,465,528Trade and other payables155,216,4274,603,2572,527,2573,001,685Contract liabilities16271,153626,733Lease liabilities123,264,7571,523,439Amount due to holding company1310,04744,0215,26444,021Provisions17265,341170,223223,897133,274Deferred grant income19556,181388,628Income tax payable17,09317,093Total current liabilities11,066,5275,461,3276,134,0133,178,980Non-current liabilitiesProvisions17150,808271,40338,808161,327Lease liabilities122,811,945302,156Loans and borrowings142,812,5002,812,500Total non-current liabilities5,775,253271,4033,153,464161,327EquityShare capital1825,181,00525,181,00525,181,00525,181,005Capital reserve20(695,938)(695,938)2,063,7512,063,751Accumulated losses(17,661,580)(7,549,435)(18,318,625)(9,853,919)Translation reserve20(15,740)(15,426)Total equity6,807,74716,920,2068,926,53117,390,837Total liabilities and equity23,649,52722,652,93618,213,60820,731,144 I STATEMENTS OF FINANCIAL POSITIONAs at 30 September 2020NOTEGROUPCOMPANY2020201920202019$ASSETSCurrent assetsCash and bank balances412,921,78015,792,07111,658,58315,231,736Trade and other receivables51,153,2131,584,079718,325387,166Amount due from subsidiaries132,778,8653,912,153Inventories479,518516,64060,61769,650Grant receivables19380,086283,218Other assets10136,642482,027Total current assets15,071,23918,374,81715,499,60819,600,705Non-current assetsOther receivables193,8571,065,163489,040Goodwill7Intangible assets8564,971633,451Plant and equipment3,063,4552,535,3341,188,392541,294Right-of-use assets124,756,0051,425,503Other assets1044,171Investment in subsidiaries11100,105100,105Total non-current assets8,578,2884,278,1192,714,0001,130,439Total assets23,649,52722,652,93618,213,60820,731,144

For Group: Ratio 2020 2019 Current Ratio Current AssetsCurrent…

Answered: Based on the financial statements…

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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Cash Accounts receivable (net) Other current assets December 31 Investments Property, plant, and equipment (net) Current liabilities Long-term debt Common stock, $10 par Retained earnings 2022 $ 29,100 50,000 90,100 54,500 500,500 $724,200 $85,000 144,900 342,000 152,300 $724,200 2021 $ 17,400 Sales Less: Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses (including income taxes) Net income Lily Corporation Income Statements For the Years Ended December 31 2022 $737,000 $599,100 39,900 697,100 424,400 44,700 95,700 272,700 182,077 70,600 370,700 $599,100 $80,500 84,200 311,000 $ 90,623 123,400 $ 17,800 47,500 2021 2020 358,200 $531,000 63,500 44,000 $69,100 $605,400 31,000 299,000 574,400 370,500 113,400 $531,000 203,900 146,460 $ 57,440 49,500
2) Ratios Based on the information given in picture #1, complete the following ratios for the last TWO years and indicate whether the trend is favorable or unfavorable. Note percentages and times should be to one decimal place (e.g. 14.8%; 5.8x) Liq./Solv. Ratios Current Yr. Prior Yr. Fav/Unfav. Current Ratio (X) {Total. Current Assets/ Total Current Liabilities} Quick Ratio (X) {Cash + Short term Investments + Current Receivables/ Current Liabilities} Day's Sales Uncollected (days) {Total Accounts Receivables / Sales x 365}
2) Ratios Based on the information given in picture #1, complete the following ratios for the last TWO years and indicate whether the trend is favorable or unfavorable. Note percentages and times should be to one decimal place (e.g. 14.8%; 5.8x) Liq./Solv. Ratios Current Yr. Prior Yr. Fav/Unfav. Current Ratio (X) {Total. Current Assets/ Total Current Liabilities} Quick Ratio (X) {Cash + Short term Investments + Current Receivables/ Current Liabilities} Day's Sales Uncollected (days) {Total Accounts Receivables / Sales x 365}
The following selected information (in thousands) is available for Granger Limited: Total assets Type here to Total liabilities Interest expense Income tax expense Net income Cash provided by operating activities Net capital expenditures Dwidends paid or common shares E 2021 $3,909 2.155 16 176 407 845 402 110 2020 $3,668 1.942 23 151 379 576 300 90
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Accounting Question
Count the average of these weights for all three years. Please note that you are to assign weights of 3, 2 and 1 to the financial ratios for FISCAL YEAR 2019, FISCAL YEAR 2018 and FISCAL YEAR 2017 and then compute the weighted average. Current Ratlo Particulars FY'19 L&T BHEL NBCC 1.3 1.59 1.08 Slemens 191 FY'18 FY'17 132 1.44 1.83 1.96 1.18 1.26 1.82 ▷
Finance Question
Following is some financial information of 250R Corp: 250 CORP Statement of Income For the years ended December 31, 2020 and 2021 Year Ended 31.12.2021 Sales Revenues Cost of Goods Sold Gross Margin Salaries expense Depreciation expense Interest expense Net income Long-term borrowings Accounts receivable Property, plant & equipment (PPE): Cost Accumulated Depreciation $750,000 (300,000) $450,000 (75,000) (70,000) (30,000) $275,000 Some Selected Balance Sheet Data As at 31.12.2021 $300.000 $525,000 $350,000 210,000 Year Ended 31.12.2020 $500,000 (200,000) $300,000 (50,000) (70,000) (30,000) $150,000 As at 31.12.2020 $300.000 $250.000 $350,000 140,000
The following selected information is for H55 Corporation: Total assets Total shareholders' equity Sales Cost of goods sold Net income. H55 had no preferred shares. ype here to search 2021 $357,000 $285,000 136.000 503.000 378.759 2020 32.695 97,500 394,000 276.982 29.944 2019 $267,000 48,500 297.000 181,000 20,400

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Ratio	2020	2019
Current Ratio
Quick Ratio
Debt Ratio (%)

Based on the financial statements provided, compute the following financial ratios. Show your workings and round your figures to 2 decimal places. Ratio 2020 2019 Current Ratio Quick Ratio Debt Ratio (%)