Calculate the firm's : 1) Current ratio 2) Quick Ratio 3) Days sales outstanding. Assume a 365 day per year for this calculation. 4) Total Assets turnover

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Calculate the firm's : 1) Current ratio 2) Quick Ratio 3) Days sales outstanding. Assume a 365 day per year for this calculation. 4) Total Assets turnover
STATEMENTS OF
FINANCIAL POSITION
AS AT 31 DECEMBER 2015
Group
Company
2015
2014
2015
2014
Note
RM'000
RM'000
RM'000
RM'000
Assets
Non-current assets
Property, plant and equipment
11
234,067
218,173
Investment properties
12
640,975
570,143
Land held for property development
13
3,269,275
2,631,999
Investment in subsidiaries
14
4,530,910
3,738,094
Interests in associates
15
487,835
149,251
1,170
Interests in joint ventures
16la
1,143,774
928,327
419,517
444,645
Amount due from a joint venture
16|b)
72,697
62,536
Other investments
17
Goodwill
18
621,409
621,409
Non-current deposits
19
3
De ferred tax a sset
20
221,044
170,009
169
Long term receivables
23
54,849
59,105
6,745,925
5,410,955
4,951,766
4,182,739
Current assets
Property development co sts
21
2,281,634
1,578,583
Inventories
22
403,099
176,622
Receivables
23
1,219,500
2,761,535
387,694
421,134
Amount due from subsidiaries
24
1,940,833
1,564,035
Amount due from joint ventures
16|b)
239,635
240,284
130,348
154,662
Short terminvestments
25
202,635
Short term deposits
19
30,373
70,942
2,000
Cash and bank balances
19
975,227
668,329
6,570
2,120
5,149,475
5,698,930
2,465,445
2,143,951
Total assets
11,895,400
11,109,885
7,417,211
6,326,690
Transcribed Image Text:STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2015 Group Company 2015 2014 2015 2014 Note RM'000 RM'000 RM'000 RM'000 Assets Non-current assets Property, plant and equipment 11 234,067 218,173 Investment properties 12 640,975 570,143 Land held for property development 13 3,269,275 2,631,999 Investment in subsidiaries 14 4,530,910 3,738,094 Interests in associates 15 487,835 149,251 1,170 Interests in joint ventures 16la 1,143,774 928,327 419,517 444,645 Amount due from a joint venture 16|b) 72,697 62,536 Other investments 17 Goodwill 18 621,409 621,409 Non-current deposits 19 3 De ferred tax a sset 20 221,044 170,009 169 Long term receivables 23 54,849 59,105 6,745,925 5,410,955 4,951,766 4,182,739 Current assets Property development co sts 21 2,281,634 1,578,583 Inventories 22 403,099 176,622 Receivables 23 1,219,500 2,761,535 387,694 421,134 Amount due from subsidiaries 24 1,940,833 1,564,035 Amount due from joint ventures 16|b) 239,635 240,284 130,348 154,662 Short terminvestments 25 202,635 Short term deposits 19 30,373 70,942 2,000 Cash and bank balances 19 975,227 668,329 6,570 2,120 5,149,475 5,698,930 2,465,445 2,143,951 Total assets 11,895,400 11,109,885 7,417,211 6,326,690
Group
Company
2014
RM'000
2015
2014
2015
RM'000
Note
RM'0
RM'000
Equity and liabilities
Equity attributable to owners of the parent
Share capital
26
2,276,643
2,268,718
2,276,643
2,268,718
Share premium
26
2,829,546
2,044,955
2,829,546
2,044,955
Merger relief reserves
26
34,330
34,330
34,330
34,330
Other reserves
27
115,439
88 130
55,406
74,391
Retained profits
27
1,552,602
1,896,699
114,225
203,170
6,808,560
6,332,832
5,310,180
4,625,564
Non-controlling interests
31
360,345
485,753
Total equity
7,168,905
6,818,585
5,310,180
4,625,564
Non-current liabilities
Borrowings
32
2,227,594
2,119,666
2,003,611
1,700,575
Payables
34
66,143
71,047
Deferred income
35
111,874
113,955
Provision
33
411,436
436,432
Deferred tax lia bilities
20
204,058
204,041
3,021,105
2,945, 141
2,003,611
1,700,575
Current liabilities
Provisions
33
456,506
373,072
Payables
34
706,062
584,748
980
551
Amount due to subsidiaries
24
1,464
Amount due to a joint venture
16|b)
111
Borrowings
32
522,976
238,423
100,976
Tax payable
19,846
149,805
1,705,390
1,346, 159
103,420
551
Total liabilities
4,726,495
4,291,300
2,107,031
1,701,126
Total equity and liabilities
11,895,400
11,109,885
7417,211
6,326,690
Transcribed Image Text:Group Company 2014 RM'000 2015 2014 2015 RM'000 Note RM'0 RM'000 Equity and liabilities Equity attributable to owners of the parent Share capital 26 2,276,643 2,268,718 2,276,643 2,268,718 Share premium 26 2,829,546 2,044,955 2,829,546 2,044,955 Merger relief reserves 26 34,330 34,330 34,330 34,330 Other reserves 27 115,439 88 130 55,406 74,391 Retained profits 27 1,552,602 1,896,699 114,225 203,170 6,808,560 6,332,832 5,310,180 4,625,564 Non-controlling interests 31 360,345 485,753 Total equity 7,168,905 6,818,585 5,310,180 4,625,564 Non-current liabilities Borrowings 32 2,227,594 2,119,666 2,003,611 1,700,575 Payables 34 66,143 71,047 Deferred income 35 111,874 113,955 Provision 33 411,436 436,432 Deferred tax lia bilities 20 204,058 204,041 3,021,105 2,945, 141 2,003,611 1,700,575 Current liabilities Provisions 33 456,506 373,072 Payables 34 706,062 584,748 980 551 Amount due to subsidiaries 24 1,464 Amount due to a joint venture 16|b) 111 Borrowings 32 522,976 238,423 100,976 Tax payable 19,846 149,805 1,705,390 1,346, 159 103,420 551 Total liabilities 4,726,495 4,291,300 2,107,031 1,701,126 Total equity and liabilities 11,895,400 11,109,885 7417,211 6,326,690
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