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    02 Task Performance 1

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    Khris Espinili Algara
    This document contains instructions for a financial analysis assignment. It asks the student to: 1) Complete a horizontal analysis of the comparative statement of financial position by showing changes in amounts and percentages from 201A to 201B for various asset, liability, and equity accounts. 2) Create a vertical analysis of the 201B income statement by calculating percentages for revenue, expense, and profit items. 3) Compute 10 different financial ratios using the information provided, including net working capital, current ratio, acid-test ratio, profit margin, return on equity, return on assets, accounts receivable turnover, inventory turnover, debt ratio, and debt-to-equity ratio. Points are awarded based on correctly computing final

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    02 Task Performance 1

    Uploaded by

    Khris Espinili Algara
    366 views3 pages
    This document contains instructions for a financial analysis assignment. It asks the student to: 1) Complete a horizontal analysis of the comparative statement of financial position by showing changes in amounts and percentages from 201A to 201B for various asset, liability, and equity accounts. 2) Create a vertical analysis of the 201B income statement by calculating percentages for revenue, expense, and profit items. 3) Compute 10 different financial ratios using the information provided, including net working capital, current ratio, acid-test ratio, profit margin, return on equity, return on assets, accounts receivable turnover, inventory turnover, debt ratio, and debt-to-equity ratio. Points are awarded based on correctly computing final

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    Analysis

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    02_Task_Performance_1(3)

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    This document contains instructions for a financial analysis assignment. It asks the student to: 1) Complete a horizontal analysis of the comparative statement of financial position by showing changes in amounts and percentages from 201A to 201B for various asset, liability, and equity accounts. 2) Create a vertical analysis of the 201B income statement by calculating percentages for revenue, expense, and profit items. 3) Compute 10 different financial ratios using the information provided, including net working capital, current ratio, acid-test ratio, profit margin, return on equity, return on assets, accounts receivable turnover, inventory turnover, debt ratio, and debt-to-equity ratio. Points are awarded based on correctly computing final

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    366 views3 pages

    02 Task Performance 1

    Uploaded by

    Khris Espinili Algara
    This document contains instructions for a financial analysis assignment. It asks the student to: 1) Complete a horizontal analysis of the comparative statement of financial position by showing changes in amounts and percentages from 201A to 201B for various asset, liability, and equity accounts. 2) Create a vertical analysis of the 201B income statement by calculating percentages for revenue, expense, and profit items. 3) Compute 10 different financial ratios using the information provided, including net working capital, current ratio, acid-test ratio, profit margin, return on equity, return on assets, accounts receivable turnover, inventory turnover, debt ratio, and debt-to-equity ratio. Points are awarded based on correctly computing final

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    Download as pdf or txt
    of 3

    BM1915

    Name: DATE: SCORE:

    TASK PERFORMANCE

    Instructions: Analyze the following financial statements. Write your answers on the space provided. (100 points)

    I. HORIZONTAL ANALYSIS

    Accomplish the comparative statement of financial position by showing the peso changes and percentage
    changes for 201B as compared with 201A. (38 items x 1 point)

    201B 201A Peso Change % Change


    Cash P 290,000 P 150,000
    Marketable Securities 1,000,000 850,000
    Accounts Receivable, net 1,000,000 500,000
    Inventories 500,000 750,000
    Prepaid expenses 90,000 100,000
    Total Current Assets 2,880,000 2,350,000

    Land 700,000 500,000


    Building, net 500,000 550,000
    Machinery and Equipment, net 1,500,000 1,700,000
    Total Noncurrent Assets 2,700,000 2,750,000
    Total Assets P 5,580,000 P 5,100,000

    Notes Payable, trade P 150,000 P 100,000


    Accounts Payable, net 635,000 610,000
    Expenses Payable 20,000 40,000
    Total Current liabilities 805,000 750,000
    Long-Term Notes 2,250,000 2,350,000
    Total Liabilities 3,055,000 3,100,000
    Owner’s Capital 2,525,000 2,000,000
    Total Liabilities and Equity P 5,580,000 P 5,100,000

    02 Task Performance 1 *Property of STI


    Page 1 of 3
    BM1915

    II. VERTICAL ANALYSIS

    Create a vertical analysis for the income statement for 201B given below. (12 items x 1 point)

    201B Percentage
    Gross Sales P 5,250,000
    Less: Sales Returns and Allowances 250,000
    Net Sales 5,000,000
    Less: Cost of Goods Sold
    Inventory, Dec. 31, 2018 P 750,000
    Purchases 2,750,000
    Inventory, Dec. 31, 2019 500,000 3,000,000
    Gross Profit 2,000,000
    Less: Selling Expenses 400,000
    Administrative expenses 600,000
    Income from operations 1,000,000
    Interest expense 250,000
    Income before taxes 750,000
    Income taxes 225,000
    Net Income 525,000

    02 Task Performance 1 *Property of STI


    Page 2 of 3
    BM1915

    III. RATIO ANALYSIS

    Compute for the following ratios using the financial statements above. (10 items x 5 points)

    1. Net working capital


    2. Current ratio
    3. Acid-test ratio
    4. Profit margin
    5. Return on equity
    6. Return on assets
    7. Accounts receivable turnover
    8. Inventory turnover
    9. Debt ratio
    10. Debt-to-equity Ratio

    Rubric for problem solving:


    Performance Indicators Points
    Correct accounts and amounts used 3
    Computed final amounts are correct/balanced 2
    Total 5

    02 Task Performance 1 *Property of STI


    Page 3 of 3

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