A Report On The Sports Station

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The Sports station is a retail business entity and it uses MOYB to generate its business and financial reports. This report is based on the data obtained through ration analysis of financial statements which are used to assess the profitability, financial stability and liquidity of the company. This financial reports covers the period from 1st November 2012 to 9th November 2012, which is further divided into four periods as follows: 1. Period One: 1st November 2012 to 10th November 2012 2. Period One: 10st November 2012 to 17th November 2012 3. Period One: 18st November 2012 to 23th November 2012 4. Period One: 24st November 2012 to 30th November 2012 The overall purpose of this report to give information to the owners of the sports station about the financial position of the company through analysed the various factors such as current Ratio, Liquid Ratio, Receivable Ratio, Gross profit margin, Profit Margin, Cost of sales, expenses Ratio Debt & Equity Ratio. 2.0 Balance Sheet: Balance sheet reveals the summary of financial status or position at a point on a particular time. It provides assistance to viewer in determining the different aspects of entity, for instance, Future cash flows, Risk or financial position (Friedlan, 2010, p. 37). There are certain segments of balance sheet and those segments are assets, liabilities and owners’ equity. The relation among them is given below: Assets= Liabilities + Owners’ Equity As of November 2012, for the
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