ABKI189: Identify and discuss the benefits and limitations of Ratio Analysis: Financial Statement Analysis, Assignment, CA, Ireland
University | Career Academy |
Subject | ABKI189: Financial Statement Analysis |
Read through the requirements below, and then complete all parts of the assessment and then save your work as either a Word document or a PDF file. Once you have saved your work click on the Assessment submission link within this topic and upload your completed assessment to your tutor for marking.
Required
Question 1
A. Identify and discuss the benefits and limitations of Ratio Analysis
B. In your own words explain the difference between Horizontal Analysis and Vertical
Analysis.
Are You Searching Answer of this Question? Request Ireland Writers to Write a plagiarism Free Copy for You.
Question 2
You have been provided with a summary of the Profit & Loss data and Balance Sheet data
for the past three years for Cooks & Cleans Limited (CCL).
CCL are a home handy service that are called into people’s homes to cook and clean for
them. CCL uses their own ingredients and cleaning equipment which is managed under a
Periodic Inventory System.
In the past three years CCL have invested significant funds into marketing both in print and
online to increase their customer base and therefore boost income. They are wanting to
employ more staff to ensure they are able to meet the demand when the expected demand
for their services increase.
Cooks & Cleans Limited: Profit and Loss Statement
Cooks & Cleans Limited: Balance Sheet
Get Solution of this Assessment. Hire Experts to solve this assignment for you Before Deadline.
Part A
Using the Horizontal analysis approach, you are required to analyse the data and then
highlight three areas that the owners need to look into in more detail. You must also
provide a brief explanation to support each of the three areas you highlight that need to
be investigated.
Part B
Using the financial information provided for Cooks & Cleans Limited, you are now required
to use ratios to analyse the financial statements.
You may find it useful to know the following 20X4 balance sheet figures:
- Total Assets – 44,880
- Accounts Receivable – 2,745
Get Solution of this Assessment. Hire Experts to solve this assignment for you Before Deadline.
Task:
Using the following table, you MUST state the formula and provide the ratio calculations for
20X5, 20X6 and 20X7. Your final answer should be stated in the green box. In the grey box
you MUST provide an evaluation and recommendation based on your findings:
Stuck in Completing this Assignment and feeling stressed ? Take our Private Writing Services
Having difficulty with your ABKI189: Financial Statement Analysis assignment? Our assignment writers in Ireland are ready to help! If you need to pay someone to do your assignment or require report writing experts, we’ve got you covered. Irish students can conveniently get expert assistance to excel in their coursework. Contact us now for fast and reliable support!