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Calculate the firm's : 1) Current ratio 2) Quick Ratio 3) Days sales outstanding. Assume a 365 day per year for this calculation. 4) Total Assets turnover

Calculate the firm's : 1) Current ratio 2) Quick Ratio 3) Days sales outstanding. Assume a 365 day per year for this calculation. 4) Total Assets turnover

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Calculate the firm's : 1) Current ratio 2) Quick Ratio 3) Days sales outstanding. Assume a 365 day per year for this calculation. 4) Total Assets turnover
STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2015 Group Company 2015 2014 2015 2014 Note RM'000 RM'000 RM'000 RM'000 Assets Non-current assets Property, plant and equipment 11 234,067 218,173 Investment properties 12 640,975 570,143 Land held for property development 13 3,269,275 2,631,999 Investment in subsidiaries 14 4,530,910 3,738,094 Interests in associates 15 487,835 149,251 1,170 Interests in joint ventures 16la 1,143,774 928,327 419,517 444,645 Amount due from a joint venture 16|b) 72,697 62,536 Other investments 17 Goodwill 18 621,409 621,409 Non-current deposits 19 3 De ferred tax a sset 20 221,044 170,009 169 Long term receivables 23 54,849 59,105 6,745,925 5,410,955 4,951,766 4,182,739 Current assets Property development co sts 21 2,281,634 1,578,583 Inventories 22 403,099 176,622 Receivables 23 1,219,500 2,761,535 387,694 421,134 Amount due from subsidiaries 24 1,940,833 1,564,035 Amount due from joint ventures 16|b) 239,635 240,284 130,348 154,662 Short terminvestments 25 202,635 Short term deposits 19 30,373 70,942 2,000 Cash and bank balances 19 975,227 668,329 6,570 2,120 5,149,475 5,698,930 2,465,445 2,143,951 Total assets 11,895,400 11,109,885 7,417,211 6,326,690
Transcribed Image Text:STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2015 Group Company 2015 2014 2015 2014 Note RM'000 RM'000 RM'000 RM'000 Assets Non-current assets Property, plant and equipment 11 234,067 218,173 Investment properties 12 640,975 570,143 Land held for property development 13 3,269,275 2,631,999 Investment in subsidiaries 14 4,530,910 3,738,094 Interests in associates 15 487,835 149,251 1,170 Interests in joint ventures 16la 1,143,774 928,327 419,517 444,645 Amount due from a joint venture 16|b) 72,697 62,536 Other investments 17 Goodwill 18 621,409 621,409 Non-current deposits 19 3 De ferred tax a sset 20 221,044 170,009 169 Long term receivables 23 54,849 59,105 6,745,925 5,410,955 4,951,766 4,182,739 Current assets Property development co sts 21 2,281,634 1,578,583 Inventories 22 403,099 176,622 Receivables 23 1,219,500 2,761,535 387,694 421,134 Amount due from subsidiaries 24 1,940,833 1,564,035 Amount due from joint ventures 16|b) 239,635 240,284 130,348 154,662 Short terminvestments 25 202,635 Short term deposits 19 30,373 70,942 2,000 Cash and bank balances 19 975,227 668,329 6,570 2,120 5,149,475 5,698,930 2,465,445 2,143,951 Total assets 11,895,400 11,109,885 7,417,211 6,326,690
Group Company 2014 RM'000 2015 2014 2015 RM'000 Note RM'0 RM'000 Equity and liabilities Equity attributable to owners of the parent Share capital 26 2,276,643 2,268,718 2,276,643 2,268,718 Share premium 26 2,829,546 2,044,955 2,829,546 2,044,955 Merger relief reserves 26 34,330 34,330 34,330 34,330 Other reserves 27 115,439 88 130 55,406 74,391 Retained profits 27 1,552,602 1,896,699 114,225 203,170 6,808,560 6,332,832 5,310,180 4,625,564 Non-controlling interests 31 360,345 485,753 Total equity 7,168,905 6,818,585 5,310,180 4,625,564 Non-current liabilities Borrowings 32 2,227,594 2,119,666 2,003,611 1,700,575 Payables 34 66,143 71,047 Deferred income 35 111,874 113,955 Provision 33 411,436 436,432 Deferred tax lia bilities 20 204,058 204,041 3,021,105 2,945, 141 2,003,611 1,700,575 Current liabilities Provisions 33 456,506 373,072 Payables 34 706,062 584,748 980 551 Amount due to subsidiaries 24 1,464 Amount due to a joint venture 16|b) 111 Borrowings 32 522,976 238,423 100,976 Tax payable 19,846 149,805 1,705,390 1,346, 159 103,420 551 Total liabilities 4,726,495 4,291,300 2,107,031 1,701,126 Total equity and liabilities 11,895,400 11,109,885 7417,211 6,326,690
Transcribed Image Text:Group Company 2014 RM'000 2015 2014 2015 RM'000 Note RM'0 RM'000 Equity and liabilities Equity attributable to owners of the parent Share capital 26 2,276,643 2,268,718 2,276,643 2,268,718 Share premium 26 2,829,546 2,044,955 2,829,546 2,044,955 Merger relief reserves 26 34,330 34,330 34,330 34,330 Other reserves 27 115,439 88 130 55,406 74,391 Retained profits 27 1,552,602 1,896,699 114,225 203,170 6,808,560 6,332,832 5,310,180 4,625,564 Non-controlling interests 31 360,345 485,753 Total equity 7,168,905 6,818,585 5,310,180 4,625,564 Non-current liabilities Borrowings 32 2,227,594 2,119,666 2,003,611 1,700,575 Payables 34 66,143 71,047 Deferred income 35 111,874 113,955 Provision 33 411,436 436,432 Deferred tax lia bilities 20 204,058 204,041 3,021,105 2,945, 141 2,003,611 1,700,575 Current liabilities Provisions 33 456,506 373,072 Payables 34 706,062 584,748 980 551 Amount due to subsidiaries 24 1,464 Amount due to a joint venture 16|b) 111 Borrowings 32 522,976 238,423 100,976 Tax payable 19,846 149,805 1,705,390 1,346, 159 103,420 551 Total liabilities 4,726,495 4,291,300 2,107,031 1,701,126 Total equity and liabilities 11,895,400 11,109,885 7417,211 6,326,690
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