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DUE DATE: 15TH FEBRUARY, 2016
To understand the concept of financial statements analysis with ratio analysis.
To understand the way ratio analysis is conducted and ratios are interpreted.
After attempting this assignment, the students would be able to understand:
The concept ratio analysis within the domain of financial statement analysis.
How to conduct ratio analysis and interpret the resulting figures.
Suppose, a construction firm is running a successful business in the market, however, complete information regarding its business operations and financial health is not available. Being a financial analyst, you intend to find some desired financial figures in order to be able to conduct an effective analysis of the firm’s financial health.
1. From the information given below, you need to determine the cost of goods sold of the firm using various ratios (Marks 3).
2. From the following information, you need to calculate receivable turnover ratio, days required to collect receivables and length of operating cycle (assume 365 days in a year) (Marks 4).
3. Give logical interpretation of the inventory turnover ratio of the firm, if the inventory turnover in construction industry is “9.9”. Give reasons. (Marks 3).
(Note: proper formulas; step-wise complete working is required to secure good marks)
24 hours extra / grace period after the due date is usually available to overcome uploading difficulties. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience.
IMPORTANT INSTRUCTIONS/ SOLUTION GUIDELINES/ SPECIAL INSTRUCTIONS
BE NEAT IN YOUR PRESENTATION
OTHER IMPORTANT INSTRUCTIONS:
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Opening accounts receivable
Closing accounts receivable
Net credit sales
Days required to sell inventory
Use APA style for referencing and citation. For guidance search “APA reference style” in Google and read various websites containing information for better understanding or visit http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html
RULES FOR MARKING
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The file you uploaded does not open or is corrupt.
It is in any format other than MS-Word or Open Office; e.g. Excel, PowerPoint, PDF etc.
It is cheated or copied from other students, internet, books, journals etc.
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Current Ratio = Current Asset
Quick Ratio = Current Assets – (Inventory + Prepaid)
Inventory Turnover Ratio = Cost of Goods Sold
Average Account Receivable
Receivable Turnover Ratio = Sales___
Average Account Receivable = Opening accounts receivable + Closing accounts receivable / 2
Convert Inventory into Receivable = 365 / Inventory Turnover Ratio
Inventory Turnover Ratio = Cost of Goods Sold_______
Average Inventory During the year
These formulas will be used in the question
Please share idea for question # 1 how to solve it which formula will be use
How to solve question # 1 i mean Current ratio minus quick ratio and divided by current liabilities please tell me
Don't understand why you guys are not participate to solve assignment?
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plz any one upload solution plz kuch samj ni aa rahi