From the following information extracted from the Balance Sheet of XYZ Company, you are required to calculate:
a. Leverage ratios for 2018 and 2019. (4 marks)
b. Using your results from (a), comment on the solvency of the company. (1 mark)
Particulars
2018
OMR
2019
OMR
Cash and bank balances
10,500
12,900
Property, plant and equipment
760,000
700,000
Short – term bank borrowings
50,000
55,000
Trade and other receivables
31,950
30,088
8% Debentures
800,000
800,000
Inventories
28,900
28,400
Vehicles
150,000
130,000
Share capital
2,500,000
2,500,000
Trade and other payable
14,100
18,300
10 years bank loan
500,000
480,000
Answers: 1
Another question on Business
Business, 22.06.2019 10:10
Rats that received electric shocks were unlikely to develop ulcers if the
Answers: 1
Business, 22.06.2019 16:40
Match the situations that will develop one's personality and those that won't peter is surrounded by friends who are always encouraging him jonathan always watches television when he wants to take a break from his books libby sets small targets for herself and strives to achieve them. the smiths indulge in an animated discussion on varied topics every evening after dinner. brook loves junk food and exercises once in a while. develops your personality develops doesn't develop your personality
Answers: 2
Business, 22.06.2019 19:00
Gus needs to purée his soup while it's still in the pot. what is the best tool for him to use? a. potato masher b. immersion blender c. rotary mixer d. whisk
Answers: 2
Business, 23.06.2019 00:50
Hubert manages a grocery store in a country experiencing a high rate of inflation. to keep up with inflation, he spends a lot of time every day updating the prices, printing new price tags, and sending out newspaper inserts advertising the new prices. his employees regularly deal with customer annoyance over the frequent price changes. this is an example of the of inflation.
Answers: 2
You know the right answer?
From the following information extracted from the Balance Sheet of XYZ Company, you are required to...
Questions
Mathematics, 04.10.2020 05:01
German, 04.10.2020 05:01
Computers and Technology, 04.10.2020 05:01
Mathematics, 04.10.2020 05:01
English, 04.10.2020 05:01
Chemistry, 04.10.2020 05:01
Mathematics, 04.10.2020 05:01
Mathematics, 04.10.2020 05:01
Biology, 04.10.2020 05:01
