The Accountant of All is Well Enterprise who is an HND Graduate prepared a trend report for his CEO who is a non accountant and required your assistance to provide a seasoned analysis with explanatory comments on the Statement of Financial Position from 2009 to 2013 as shown below. TREND ANALYSIS 2009-10 2010-11 2011-12 2012-13 2009-10 2010-11 2011-12 2012-13 GHC GHC GHC GHC % % CURRENT ASSETS CASH 200 240 400 220 100 120 200 110 BANK 260 300 200 240 100 115 76.9 92 DEBTORS 400 600 1000 1600 100 150 250 400 STOCK 800 1200 1800 2000 100 150 225 250 NON CURENT ASSETS Building 1000 1200 1200 1200 100 120 120 120 Plant and Machinery 2000 2400 2400 2800 100 120 120 140 4660 5940 7000 8060 100.00 127 150 173 Required; As a financial analyst you are required to produce a detailed commentary on the TREND shown in the statement of financial position above.

The Accountant of All is Well Enterprise who is an HND Graduate prepared a trend report for his CEO who is a non accountant and required your assistance to provide a seasoned analysis with explanatory comments on the Statement of Financial Position from 2009 to 2013 as shown below. TREND ANALYSIS 2009-10 2010-11 2011-12 2012-13 2009-10 2010-11 2011-12 2012-13 GHC GHC GHC GHC % % CURRENT ASSETS CASH 200 240 400 220 100 120 200 110 BANK 260 300 200 240 100 115 76.9 92 DEBTORS 400 600 1000 1600 100 150 250 400 STOCK 800 1200 1800 2000 100 150 225 250 NON CURENT ASSETS Building 1000 1200 1200 1200 100 120 120 120 Plant and Machinery 2000 2400 2400 2800 100 120 120 140 4660 5940 7000 8060 100.00 127 150 173 Required; As a financial analyst you are required to produce a detailed commentary on the TREND shown in the statement of financial position above.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 12PA: You are the accountant for Kamal Fabricating, Inc. and you oversee the preparation of financial...

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