a.

Garcia SLU
Condensed Statement of Financial Position
Horizontal Analysis of Statement of Financial Position
Assets 2020 2019

Intangibles 24,000 40,000

Property,plant,equipment (net) 100,000 92,000
Current Assets 76,000 82,000
Total Assets 200,000 214,000
Equity and Liabilities
Equity 20,000 16,000
Non Current-Liabilities 140,000 150,000
Current Liabilities 40,000 48,000
Total Equity and Liabilities 200,000 214,000

b. Garcia SLU
Condensed Statement of Financial Position
Verttical Analysis of Statement of Financial Position
2020
Assets
Ammount Percent
Intangibles 24,000 12%
Property,plant,equipment (net) 100,000 50%
Current Assets 76,000 38%
Total Assets 200,000 100%
Equity and Liabilities
Equity 20,000 10%
Non Current-Liabilities 140,000 70%
Current Liabilities 40,000 20%
Total Equity and Liabilities 200,000 100%
ncial Position
f Financial Position
Increase/Decrease (2020)
Ammount Percent
- 16,000 -40%
8,000 8.70%
- 6,000 -7%
- 14,000 -7%

4,000 25%
- 10,000 -6.67%
- 8,000 -16.67%
- 14,000 -7%

ncial Position
Financial Position
2019
Ammount Percent
40,000 18.69%
92,000 42.99%
82,000 38.32%
214,000 100%

16,000 7.48%
150,000 70.09%
48,000 22.43%
214,000 100%
a.Earning Per Share = Net Income
Weight-avg ordinary shares

= 192,000
60,000
EPS = 3.2

b. ROE = Net income-Preference dividens

Avg Ordinary Shareholder Equity
= 192,000
(465.400 + 542.600)
2
= 192,000
504,000
ROE = 38.1%

c. ROA = Net Income

Avg Total Assets
= 192,000
(852.800 + 946.100)
2
= 192,000
899,450
ROA = 21.3%

d. Current Ratio = Current Assets

Current Liabilities
= 345,800
203,500
= 1.70
Current Ratio = 1,70:1

e. Acid-test Ratio = Cash+Short term Invesment+Acc Receivable (net)

Current Liabilities
= 60.100 + 69.000 + 105.750
203,500
= 1.15
Acid-test Ratio = 1,15:1
 f. Account Receivable Net Sales
Turnover
Avg Net Accounts Recevable

= 1,818,500
(102.800 + 105.750)
2
= 1,818,500
104,275
ART = 17.4

g. Inventory Turnover = Cost of Goods Sold

Average Inventory
= 1,011,500
(115.500 + 110.950)
2
= 1,011,500
113,225
Inventory Turnover = 8.9

h. Times Interest Earned= Net Income + Interest Expense + Income Tax

Expense
Interest Expense
= (192.000 + 15.000 + 84.000)
15,000
= 291,000
15,000
Times Interest Earned = 19.4

i. Assets Turnover = Net Sales

Average Total Assets
= 1,818,500
(852.800 946.100 )
2
= 1,818,500
899,450
Assets Turnover = 2.02
j. Debt to Assets Ratio = Total Liabilities
Total Assets
= 403,500
946,100
= -42.65%