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    Financial Analysis Exercise PDF

    Uploaded by

    Kharen Bermudez
    The document contains the income statement and statement of financial position for MBA A. Co. for the years ending December 31, 2018 and 2017. It shows that in 2018, the company had net income of ₱6,660 and retained earnings of ₱11,910. Total assets for 2018 were ₱73,410 compared to ₱70,000 in 2017.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Financial Analysis Exercise PDF

    Uploaded by

    Kharen Bermudez
    99 views2 pages
    The document contains the income statement and statement of financial position for MBA A. Co. for the years ending December 31, 2018 and 2017. It shows that in 2018, the company had net income of ₱6,660 and retained earnings of ₱11,910. Total assets for 2018 were ₱73,410 compared to ₱70,000 in 2017.

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    Financial-Analysis-Exercise.pdf

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    The document contains the income statement and statement of financial position for MBA A. Co. for the years ending December 31, 2018 and 2017. It shows that in 2018, the company had net income of ₱6,660 and retained earnings of ₱11,910. Total assets for 2018 were ₱73,410 compared to ₱70,000 in 2017.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    99 views2 pages

    Financial Analysis Exercise PDF

    Uploaded by

    Kharen Bermudez
    The document contains the income statement and statement of financial position for MBA A. Co. for the years ending December 31, 2018 and 2017. It shows that in 2018, the company had net income of ₱6,660 and retained earnings of ₱11,910. Total assets for 2018 were ₱73,410 compared to ₱70,000 in 2017.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 2

    MBA A. CO.

    STATEMENT OF INCOME AND RETAINED EARNINGS


    FOR THE YEAR ENDING DECEMBER 31

    2018 2017

    SALES ₱ 100,000.00 ₱ 97,500.00


    LESS: COST OF GOOD SOLD 61,250.00 55,000.00
    GROSS MARGIN ₱ 38,750.00 ₱ 42,500.00
    OPERATING EXPENSE (26,000.00) (26,250.00)
    INTEREST EXPENSE (2,500.00) (2,250.00)
    INCOME BEFOR TAX ₱ 10,250.00 ₱ 14,000.00
    INCOME TAXES 3,590.00 4,900.00
    NET INCOME AFTER TAX ₱ 6,660.00 9,100.00
    ADD BEGINNING RETAINED EARNINGS 10,000.00 4,750.00
    ₱ 16,660.00 ₱ 13,850.00
    LESS: DIVIDENDS 4,750.00 3,850.00
    RETAINED EARNINGS ENDING BALANCE ₱ 11,910.00 ₱ 10,000.00

    MBA A. CO.
    STATEMENT OF FINANCIAL POSITION
    DECEMBER 31

    2018 2017

    CASH ₱ 7,500.00 ₱ 5,250.00


    ACCOUNTS RECEIVABLE (NET ) 11,000.00 8,250.00
    INVENTORIES 20,500.00 19,000.00
    FIXED ASSETS (NET ) 34,410.00 37,500.00
    TOTAL ASSETS 73,410.00 70,000.00

    CURRENT LIABILITIES ₱ 11,500.00 ₱ 12,500.00


    BONDS PAYABLE, 10 PERCENT 25,000.00 22,500.00
    COMMON STOCK PHP 2.50 PAR 25,000.00 25,000.00
    RETAINED EARNINGS 11,910.00 10,000.00
    TOTAL EQUITIES 73,410.00 70,000.00

    YEAR END PRICE OF STOCK ₱ 6.25 ₱ 8.75


    REQUIRMENTS:
    1. Perfom horizontal analysis on MBA A. Co.'s financial statements.
    2. Perfom verticall analysis on MBA A. Co.'s financial statements.
    3. Perfom ratio analysis on MBA A. Co.'s financial statements by calculating the following:
    a. Current ratio
    b. Quick Ratio
    c. Receivables Turn over ratio
    d. Age of account receivable (use 365 days)
    e. Inventory Turn over Ratio
    f. Age of Inventory (use 365 days)
    g. Times interest Earned
    h. Debt Equity Ratio
    i. Debt Ratio
    j. Equity Ratio
    k. Return on sales
    l. Return on Total assets
    m. Return on Owners Equity
    n. Earnings per share (EPS)
    o. Price earningbRatio
    p. Dividend Yield
    q. Dividend pay out

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