Assignment Task :

MR Ltd. has decided to introduce management accounting as a tool for decision making. The cost of appointing a management accountant and adopting accounting tools for decision making seems to be high. The company is contemplating to adopt tools which will be cost effective. You are selected as the management accountant of the company, and expected to evaluate the financial statements of the company by applying appropriate techniques suggested by the company to assist in effective decision making. From the below exhibit given, you are expected to submit a Report to the Management : 

1. By analyzing the performance of Current, Profitability and Long-term position of the company with the help of Ratios and explain the significance of these Ratios.  

 2. To evaluate the closing balance of cash statement by providing details of the inflow and outflow of cash through different activities. 

3. To give your suggestions and opinion of the overall performance of the company through common size statement.  

 

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  • Uploaded By : Grace
  • Posted on : July 17th, 2019

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