use the following link to answer the required https://www.republictt.com/pdfs/annual-reports/RFHL-Annual-Report-2022.pdf Required: Conduct a horizontal and vertical analysis of the company’s financial statements to identify trends and patterns over the past two years.

use the following link to answer the required https://www.republictt.com/pdfs/annual-reports/RFHL-Annual-Report-2022.pdf Required: Conduct a horizontal and vertical analysis of the company’s financial statements to identify trends and patterns over the past two years.

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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a. Show me the stages of preparing a monthly projection for the income statement, balance sheet, and cash flow by using a chart. Provide an explanation for each of these stages along with the data required to prepare monthly financial report projections.
Please refer to the attachment and write similar content/words of the income statement, statement of retained earnings, and balance sheet. The year will be 2020-2018.
The following schedule of assets and liabilities relates to Kona Enterprises. Their year-end is 28 February. Income received in advance Input VAT Output VAT Prepaid expenses Accumulated depreciation: Equipment Equipment Fixed deposit (maturing on 31 May 2023) Savings account Bank overdraft Accrued expenses Accrued income Trade receivables Trading inventory Land and Buildings Mortgage loan: Vida Bank Trade payables 2022 2 000 3 000 6 500 7500 30 000 90 000 40 000 13 500 0 16 000 9 500 34 000 105 000 950 000 450 000 150 000 2023 Calculate the level of working capital (total current assets) as at the financial years ended 28 February 2022 and 28 February 2023. Calculate the total for current liabilities as at the financial year ending 28 February 2022 and 2023. 1000 3 500 11 500 5 000 35 000 100 000 40 000 18 500 4 500 10 500 12 000 41 500 115 000 950 000 380 000 170 000
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What does the company report for the following accounts for the most current fiscal year: Enter your answer in millions. Total Assets: 70,581 Total Liabilities: 67,282 Long-Term debt: 35,822 Other long-term liabilities: 8,294 Operating Income: 18,278 Interest expense: 1,347 2. The company projects the following for the next fiscal year: • Total assets will increase by 5%.• Total liabilities will increase by 6%.• Long-term debt and interest expense will increase by 7%.• Operating income will increase by $750 million. a. Total assets: 74,100 b Total liabilities: 71,319 c. Long-term debt: 38,330 d. operating income: 19,028 e. Interest expense: Provide the next year’s forecasted balances for the above accounts. Round your answer to the nearest million. 1. Compute the forecasted debt to equity ratio for the next fiscal year. Round your answer to two decimal places. 2. Compute the forecasted long-term debt to equity ratio for the next fiscal year. Round your answer to two decimal…
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https://www.republictt.com/pdfs/annual-reports/RFHL-Annual-Report-2022.pdf Financial Reporting Analysis: Use Republic Bank Limited Annual Report 2022 to answer the Questions. a) Evaluate the company’s latest annual financial statements (balance sheet, income statement, and cash flow statement) and comment on the company's financial performance and position. In your response, use the requirements of IAS 1 as a guide. b) Identify and discuss key accounting principles and standards applied in the company’s financial reporting process indicating their reasons for choosing these and how they were applied. Comment briefly on the appropriateness of the choices made given the company’s industry, location and type (e.g. MNC, regional conglomerate, etc.) c) Critically analyze any significant accounting policies and estimates disclosed in the notes to the financial statements. In your answer, indicate whether the company complied with the accounting standards and conventions.
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For Ford and Toyota Please submit a written answer (paper or digital) of what you have learned from reading the 2 annual reports, including the following: • Name of corporation • Date/period of the report • Amount of cash dividends per share declared (if any) • The Current Ratio for the most current year and the previous year (formula: Current Assets divided by Current Liabilities) • The number of common stock shares issued and outstanding • Debt Ratio/Equity Ratio for the most current year and the previous year, expressed as a percentage, i. e. 40%-60% (formula: Total Liabilities divided by Total Assets, then compare with Total Stockholders' Equity divided by Total Assets, with the two numbers adding up to 100%). To explain, if Assets 15,000,000 Total Liabilities = 6,000,000 and Owners/Stockholders Equity 9,000,000, then the Debt Ratio/Equity ratio is 40%-60% • The Net Profit Margin Ratio for the most recent year, expressed as a percentage (e.g. 11.2%) (formula: Net Income…
Planning Wizards, LLC is an event-planning company. Which of the following would be included in the current asset section of a classified balance sheet dated December 31, 2019? a. 15-month certificate of deposit b. Customer advances on New Year's parties c. Last month rent payment (lease expires in 2021) d. Investment in stocks, to be sold in 2020 e. Income tax refund receivable f. Inventory Select one: d, e, and f e and f a, b, c, e, and f a, b, c, d, e, and f b, e, f
Financial Statements Analysis: a) Conduct a horizontal and vertical analysis of the company’s financial statements to identify trends and patterns over the past two years. b) Provide an analysis of the company’s financial performance, for shareholders and potential investors, using the trends identified in (a) above and in the context of market and other trends and expectations mentioned in the MDA section of the Annual Report. c) Briefly explain how the analysis at (b) would be modified if it was prepared forstakeholders other than shareholders and investors.