: Financial Statement Analysis
The following are BAC Bhd.’s year end statement of financial
position and statement of profit and loss for 2016 and 2017:
2017 ($) 2016 ($)
Non Current Assets:
Gross Non Current assets 317,503 232,179
Less accumulated depreciation 54,045 34,187
Net Non Current assets 263,458 197,992
Current Assets:
ICLBAT/JANUARY2019
7
Cash and equivalents 208,323 102,024
Accounts receivable 690,294 824,979
Inventories 942,374 715,414
Total Current Aassets 1,840,991 1,642,417
Total Assets 2,104,449 1,840,409
Non Current Liabilities
Long...