question archive QUESTION 3 a) What is the main difference between credit analysis and equity analysis? How do these impact the financial statement information that is important for each type of analysis? (5 marks) b) The following information is extracted from MANIS Corporation statement of financial performance for the years ended December 31: 2021 (RM) 2020 (RM) 2019 (RM) Revenues 2,200,000 2,100,000 1,800,000 Cost of Sales 1,180
QUESTION 3 a) What is the main difference between credit analysis and equity analysis? How do these impact the financial statement information that is important for each type of analysis? (5 marks) b) The following information is extracted from MANIS Corporation statement of financial performance for the years ended December 31: 2021 (RM) 2020 (RM) 2019 (RM) Revenues 2,200,000 2,100,000 1,800,000 Cost of Sales 1,180
Subject:BusinessPrice: Bought3
QUESTION 3 a) What is the main difference between credit analysis and equity analysis? How do these impact the financial statement information that is important for each type of analysis? (5 marks) b) The following information is extracted from MANIS Corporation statement of financial performance for the years ended December 31: 2021 (RM) 2020 (RM) 2019 (RM) Revenues 2,200,000 2,100,000 1,800,000 Cost of Sales 1,180.000 1,408.000 1.320.000 Gross Income 1,020,000 692,000 480,000 Selling and Administrative 355,000 320,000 210,000 Other operating expenses 260,000 220,000 100,000 Income before interest and taxes 405,000 152,000 170,000 Interest expense 42,600 20,000 18.000 Income before income taxes 362,400 132,000 152,000 Income tax 107,220 32,600 45,000 Net income 255, 180 99,400 107,000 Prepare a year-to-year change statement of financial performance for MANIS for the financial year 2021 and 2020. (5 marks)
