UNIMAS HOLDING BERHAD BALANCE SHEET 31-Dec-20 (RM000) ASSETS Current Assets Cash and cash equivalents 100,000 Accounts receivable 20,000 Inventory 15,000 Prepaid expense 4,000 Investment 10,000 Total current assets 149,000 Property and Equipment Land 24,300 Building and improvement 250,000 Equipment 50,000 Less: Accumulated depreciation - 5,000 Tot. Property and Equipment 319,300 Other Assets Intangible assets 4,000 Less: accumulated depreciation - 200 Total other assets 3,800 Total Assets 472,100 Liabilities and Shareholders' Equity Current Liabilities Accounts payable 30,000 Notes payable 10,000 Accrued expenses 5,000 Deferreed revenue 2,000 Total current liabilities 47,000 Long-term liabilities 200,000 Total Liabilities 247,000 Shareholders' Equity Common stock 10,000 Additional paid-in capital 20,000 Retianed earnings 197,100 Treasury stock - 2,000 Total shaeholers' equity 225,100 Total Liabilities and Shareholders' Equity 472,100 Task: a. Prepare the balance sheet common size statement for the above company. b. Comment on what youcould observe from the common size statement. c. To make a more meaningful analysis, what should be done with the statement?
UNIMAS HOLDING BERHAD BALANCE SHEET 31-Dec-20 (RM000) ASSETS Current Assets Cash and cash equivalents 100,000 Accounts receivable 20,000 Inventory 15,000 Prepaid expense 4,000 Investment 10,000 Total current assets 149,000 Property and Equipment Land 24,300 Building and improvement 250,000 Equipment 50,000 Less: Accumulated depreciation - 5,000 Tot. Property and Equipment 319,300 Other Assets Intangible assets 4,000 Less: accumulated depreciation - 200 Total other assets 3,800 Total Assets 472,100 Liabilities and Shareholders' Equity Current Liabilities Accounts payable 30,000 Notes payable 10,000 Accrued expenses 5,000 Deferreed revenue 2,000 Total current liabilities 47,000 Long-term liabilities 200,000 Total Liabilities 247,000 Shareholders' Equity Common stock 10,000 Additional paid-in capital 20,000 Retianed earnings 197,100 Treasury stock - 2,000 Total shaeholers' equity 225,100 Total Liabilities and Shareholders' Equity 472,100 Task: a. Prepare the balance sheet common size statement for the above company. b. Comment on what youcould observe from the common size statement. c. To make a more meaningful analysis, what should be done with the statement?
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter8: Investing Activities
Section: Chapter Questions
Problem 1.3AIC: Estimate the average total estimated useful life of depreciable property, plant, and equipment....
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UNIMAS HOLDING BERHAD | |
31-Dec-20 | |
(RM000) | |
ASSETS | |
Current Assets | |
Cash and cash equivalents | 100,000 |
|
20,000 |
Inventory | 15,000 |
Prepaid expense | 4,000 |
Investment | 10,000 |
Total current assets | 149,000 |
Property and Equipment | |
Land | 24,300 |
Building and improvement | 250,000 |
Equipment | 50,000 |
Less: Accumulated depreciation | - 5,000 |
Tot. Property and Equipment | 319,300 |
Other Assets | |
Intangible assets | 4,000 |
Less: accumulated depreciation | - 200 |
Total other assets | 3,800 |
Total Assets | 472,100 |
Liabilities and Shareholders' Equity | |
Current Liabilities | |
Accounts payable | 30,000 |
Notes payable | 10,000 |
Accrued expenses | 5,000 |
Deferreed revenue | 2,000 |
Total current liabilities | 47,000 |
Long-term liabilities | 200,000 |
Total Liabilities | 247,000 |
Shareholders' Equity | |
Common stock | 10,000 |
Additional paid-in capital | 20,000 |
Retianed earnings | 197,100 |
|
- 2,000 |
Total shaeholers' equity | 225,100 |
Total Liabilities and Shareholders' Equity | 472,100 |
Task: | |
a. Prepare the balance sheet common size statement for the above company. | |
b. Comment on what youcould observe from the common size statement. | |
c. To make a more meaningful analysis, what should be done with the statement? |
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