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
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7dab71d5-927f-4668-bedb-d01db143e068%2Ff28d6844-a4a3-4855-9396-44e47eaad089%2F90gip0e_processed.jpeg&w=3840&q=75)
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7dab71d5-927f-4668-bedb-d01db143e068%2Ff28d6844-a4a3-4855-9396-44e47eaad089%2Fh91rdo_processed.jpeg&w=3840&q=75)
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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