SERI NUR SENDIRIAN BERHAD STATEMENT OF FINANCIAL POSITION AS AT 31st DECEMBER 2019 30,000 Account payable 460,000 600,000 Accrued expenses 150,000 Cash Marketable Securities Account Receivable Inventories Net plants & equipment 830,000 400,000 Notes payable Other current liability 270,000 200,000 2,140,000 Long term debt Common shares Retained earnings 1,000,000 320,000 1,600,000 TOTAL ASSETS 4,000,000 TOTAL LIABILITY & EQUITY 4,000,000 SERI NUR SENDIRIAN BERHAD STATEMENT OF FINANCIAL PERFORMANCE FOR THE YEAR ENDING 31st DECEMBER 2019 Sales Cost of Goods Sold Gross Profit Less: Selling & Administrative expense Interest expense Earnings before taxes Less: Taxes Earnings before taxes RM 7,000,000 2,600,000 4,400,000 3,700,000 120,000 580,000 140,000 440,000 Industry Average Ratios 2.0 x 1.8 x Gross profit margin Return on equity 8% 19% Current Ratio Quick ratio Average collection period Inventory turnover 40 days 8.4 x Debt ratio Time interest earned 45% 7.8 x a) Calculate the relevant ratios for SERI NUR SENDIRIAN BERHAD. b) Analyse the overall performance of the company based on liquidity, profitability, efficiency and solvency ratios. (Note: Use the 360 days for calculation) c) Explain TWO (2) differences between fundamental analysis and technical analysis.
mk1725
