Provide a financial analysis of the business

Assignment Help Financial Accounting
Reference no: EM13492698

Question

The following is the Statement of financial Position and Profit and Loss statement for Luke Incorporated Pty Ltd. You have been retained by your client to review the business and provide a financial analysis of the business for your client.

Undertake an analysis of the company and prepare a short report on your findings to a prospective purchaser.

Your analysis should cover the liquidity and performance of the company. Your report should clearly indicate the ratios and other methods used to evaluate the business for your client.

Your analysis must be in report format. With a suitable explanation of the specific ratios you have applied and why you used them.

Provide a recommendation to your client based on your analysis.

793_table 1.png

 

149_table 2.png

 

Reference no: EM13492698

Questions Cloud

Find the time it takes to reach this charge : A charged capacitor is connected to a resistor and a switch, Find the time it takes to reach this charge
Compute overall coefficient of performance for each heatpump : a family wishes to purchase a heat pump for their home. The get-it-cheap co. sells a heat pump that has an operating performance 38% of the coefficient of performance of an ideal Carnot heat pump. Compute the overall coefficient of performance for ..
Johnson corporation''s unadjusted trial balance at year-end : Johnson Corporation's Unadjusted Trial Balance at year-end
Evaluate the heat of formation of magnesium oxide : Calculate the heat of formation of Magnesium oxide (MgO). Data given are: Mg(s) +2HCl (aq) ......> MgCl2 (aq) + H2 (g) ?H = 462 kJ/mol MgO(s) + 2HCl (aq) .......> MgCl2 (aq) + H2O (l) ?H = -146.0kJ/mol H2 (g) + 1/2O2 (g) .........> MgO (aq) ?H = -..
Provide a financial analysis of the business : Your analysis should cover the liquidity and performance of the company. Your report should clearly indicate the ratios and other methods used to evaluate the business for your client.
What is the voltage across the fan : A lamp (R = 146 ), an electric heater (R = 24 ), and a fan (R = 49 ) are connected in parallel across a 122 V line. What is the voltage across the fan
Summarize the events of a recent accounting scandal : Summarize the events of a recent accounting scandal
Define ideal gas at room temperature occupies a volume : A sample of ideal gas at room temperature occupies a volume of 34.0 L at a pressure of 722 torr. If the pressure changes to 3610 torr, with no change in the temperature or moles of gas, what is the new volume, V2
Conclude that the reaction times are slower for drivers : Can we conclude that the reaction times are slower for drivers using mobile phones? Test using ? = 0.05.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Question yuan xi has just opened a company that imports

question yuan xi has just opened a company that imports fine ceramic gifts from china and trades them over the

  Prepare a statement of cash flows in accordance with aasb

Using the direct method of presenting cash flows from operating activities, prepare a Statement of Cash Flows in accordance with AASB 107 for the year ended 30 June 2012, including a reconciliation of cash flows arising from operating activities a..

  Elucidate the applicable theories and appropriate accounting

elucidate the applicable theories and appropriate accounting for items that arise from less than 100% ownership, including the reporting of assets, liabilities, revenues and expenses.

  What amount will be used as the benchmark for determining

Upstream Inter-segment Sales: $180,000 Downstream Inter-segment Sales: $60,000 For purposes of the Revenue Test, what amount will be used as the benchmark for determining whether a segment is reportable?

  What factors should turner manager and her supervisor

The expansion will cost two million dollars, and is expected to increase operating earnings to $2,100,000. What factors should Turner’s manager and her supervisor, the VP of operations, consider in deciding whether to go forward with the expansio..

  Cash collections from customers during the period

Corporation uses the indirect method to depict cash flows. Indicate where, if at all, interest paid on note would be classified on the statement of cash flows - what were the cash collections from customers during the period?

  How might fundamentally changing accounting standards

How might fundamentally changing accounting standards from "bright-line" rules to principle-based standards help prevent another Enron-like fiasco in the future? Are there dangers in removing "bright-line" rules? What difficulties might be associa..

  What are the rights of the stakeholders of an entity

Provide an example of a director that has not fully complied with these legal duties. What were the penalties involved? (Ensure you provide evidence via appropriate references you have obtained to support your answer).

  Preparing an income statement calculates gross margin

Which costs will change with an increase in activity within the relevant range and Which of the following approaches to preparing an income statement calculates gross margin?

  Purpose the bank reconciliation for september

Purpose the bank reconciliation for September 2009 in good form. Purpose the necessary journal entries in the books of Frank Industries as at Septembet 30, 2009 as necessitated by the bank reconciliation.

  Discuss how legitimacy is managed through reporting

Discuss how legitimacy is managed through reporting by the two companies (in Item 3 above) from the perspectives of Stakeholder Theory and Legitimacy Theory.

  Compute each of the three methods listed

Compute depreciation for 2011 and 2012 using each of the three methods listed. Quality calculates partial year depreciation based on the number of months the asset is in service.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd