The following are the summarised financial statements of Cordoba Ltd for the past two years.Income statements for the year ended 30 NovemberYear 4RevenueCost of salesOpening inventoriesPurchasesClosing inventoriesGross profitExpensesOperating profitASSETSNon-current assetsCurrent assetsInventoriesTrade receivablesBankTotal assetsEQUITY AND LIABILITIESEquity£1 ordinary sharesShare premiumReservesCurrent liabilitiesTotal equity and liabilities£0006303,3202. Liquidity ratios (two ratios)3. Efficiency ratios (three ratios)(930)£0004,940(3,020)1,920(1,460)460Statements of financial position as at 30 NovemberYear 4£0002,600930820201,7704.3701,000Year 52,8103,8105604.370£0009304870(1,150)£0006,850(4,550)2,300(1,850)450Year 5£0003,2101,8501,230103,0906.3001,8004003,2605,4608406.300Required: Calculate and Comment on the performance of the business over the two yearsusing the following ratios and any other information that you consider appropriate:1. Profitability ratios (three ratios)

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Description: The following are the summarised financial statements of Cordoba Ltd for the past two years.Income statements for the year ended 30 NovemberYear 4RevenueCost of salesOpening inventoriesPurchasesClosing inventoriesGross profitExpensesOperating profit

Ratio analysis is used to conduct the financial analysis of a business. Using the ratios, the…

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The following are the summarised financial statements of Cordoba Ltd for the past two years. Income statements for the year ended 30 November Year 4 Revenue Cost of sales Opening inventories Purchases Closing inventories Gross profit Expenses Operating profit ASSETS Non-current assets Current assets Inventories Trade receivables Bank Total assets EQUITY AND LIABILITIES Equity £1 ordinary shares Share premium Reserves £000 Current liabilities Total equity and liabilities 630 3,320 (930) £000 4,940 (3,020) 1,920 (1.460) _460 Statements of financial position as at 30 November Year 4 £000 2,600 930 820 20 1,770 4.370 1,000 Year 5 2,810 3,810 560 4.370 £000 930 4870 (1,150) £000 6,850 (4,550) 2,300 (1,850) 450 Year 5 £000 3,210 1,850 1,230 10 3,090 6.300 1,800 400 3,260 5,460 840 6.300 Required: Calculate and Comment on the performance of the business over the two years using the following ratios and any other information that you consider appropriate: 1. Profitability ratios (three ratios) 2. Liquidity ratios (two ratios) 3. Efficiency ratios (three ratios)

The following are the summarised financial statements of Cordoba Ltd for the past two years. Income statements for the year ended 30 November Year 4 Revenue Cost of sales Opening inventories Purchases Closing inventories Gross profit Expenses Operating profit ASSETS Non-current assets Current assets Inventories Trade receivables Bank Total assets EQUITY AND LIABILITIES Equity £1 ordinary shares Share premium Reserves £000 Current liabilities Total equity and liabilities 630 3,320 (930) £000 4,940 (3,020) 1,920 (1.460) _460 Statements of financial position as at 30 November Year 4 £000 2,600 930 820 20 1,770 4.370 1,000 Year 5 2,810 3,810 560 4.370 £000 930 4870 (1,150) £000 6,850 (4,550) 2,300 (1,850) 450 Year 5 £000 3,210 1,850 1,230 10 3,090 6.300 1,800 400 3,260 5,460 840 6.300 Required: Calculate and Comment on the performance of the business over the two years using the following ratios and any other information that you consider appropriate: 1. Profitability ratios (three ratios) 2. Liquidity ratios (two ratios) 3. Efficiency ratios (three ratios)

Essentials Of Investments

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ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

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The income statement for Sunland, Inc. is as follows:

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