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Seminar Ratio Analysis 2

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Muhammad Sajid Saeed
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162 views2 pages

Seminar Ratio Analysis 2

For Assignment writing or Dissertation Help, Please Contact: Dr. Sajid Saeed +447762198474 (WhatsApp/Viber/imo) Email: [email protected]

Uploaded by

Muhammad Sajid Saeed
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

BU7753 Finance for managers

The following are the summarised financial statements for Cordoba Ltd for the
past 2 years.
Income statement for year ended 30 November

2011 2011 2012 2012


£000 £000 £000 £000

Revenue 4940 6850

less Cost of
sales
Opening 630 930
inventories
+purchases 3320 4770
-closing 930 1150
inventories
3020 4550
Gross profit 1920 2300
less expenses 1460 1850
Net profit 460 450

Balance Sheet as at 30 November


2011 2011 2012 2012
£000 £000 £000 £000

Non current assets 2600 3210

Current assets
Inventories 930 1150
Receivables 820 1230
Bank 20 10
1770 2390
Less current 560 1210 840 1550
liabilities
3810 4760

Equity
£1 ordinary shares 1000 1800
Share premium 0 400
Reserves 2810 2560
3810 4760
You are to calculate relevant ratios and comment upon the performance of the
company

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