Download the financial statements of any (((company during the year 2016 ))) listed in the Muscat...

Download the financial statements of any (((company during the year 2016 ))) listed in the Muscat Securities Market. Find the following from the financial statements.. It is not writing about a bank, just about a company

a. Net income

b. Comprehensive income

c. Cash flow from operations

d. Cash flow for investing

e. Cash flow for financing

f. Common shareholders’ equity

g. Common shares outstanding

h. Total assets

Solutions

Expert Solution

I have downloaded financial statement of Al Jazeera Services for year ended December 31, 2016 from Muscat Securities Market.

Following is the information:

a. Net income:

During 2016, net income generated by the company was Rial 9.18 million.

b. Comprehensive income

Total comprehensive income during 2016 were Rial 0.40 million.

c. Cash flow from operations

Cash flow from operating activities during 2016 was Rial 1.29 million.

d. Cash flow for investing

Cash flow from investment activities during 2016 was Rial 2.19 million.

e. Cash flow for financing

Cash flow from financing activities during 2016 was (-ve) Rial 3.79 million.

f. Common shareholders’ equity

Common shareholders’ equity at December 31, 2016 stood at Rial 23.79 million.

g. Common shares outstanding

Common shares outstanding at December 31, 2016 stood at 500.0 million shares

h. Total assets

Value of total assets at December 31, 2016 stood at Rial 26.26 million.

jeff jeffy answered 1 year ago

Next > < Previous

Related Solutions

Download the financial statements of any company during the year 2016 listed in the Muscat Securities...

Download the financial statements of any company during the year 2016 listed in the Muscat Securities Market. Find the following from the financial statements. a. Net income b. Comprehensive income c. Cash flow from operations d. Cash flow for investing e. Cash flow for financing f. Common shareholders’ equity g. Common shares outstanding h. Total assets

Company A released financial statements for year end 2021. The financial statements were consolidated financial statements,...

Company A released financial statements for year end 2021. The financial statements were consolidated financial statements, which combined results of their own business, with the results of Company B. Based on this information, what type of business combination occurred on the date these two companies combined ? A) Statuatory Acquisition B) Statuatory Consolidation C) Statuatory Merger D) Hostile Takeover

Refer to Muscat Thread Mills financial statements then compute the following: 1. ROCE = ...................... please...

Refer to Muscat Thread Mills financial statements then compute the following: 1. ROCE = ...................... please write formula only 1.1. Altman’s Z-Score ............... please write formula only 2. Operating Cash Flow To Current Liabilities Ratio: write formula only 3. A\R Turnover: write formula only 4 Inventory Turnover: ..............write formula only 5. Accounts Payable Turnover:..............write formula only 6. Interest Coverage Ratio: ...........write formula only 7. Long- Term Debt Ratio.............write formula only 8 Debt/ Equity Ratio: ...........write formula only 9. Long- Term...

The condensed financial statements of Sunland Company for the years 2016 and 2017 are presented as...

The condensed financial statements of Sunland Company for the years 2016 and 2017 are presented as follows. (Amounts in thousands.) SUNLAND COMPANY Balance Sheets December 31 2017 2016 Current assets Cash and cash equivalents $330 $360 Accounts receivable (net) 490 420 Inventory 660 590 Prepaid expenses 120 160 Total current assets 1,600 1,530 Investments 30 30 Property, plant, and equipment (net) 420 380 Intangibles and other assets 530 510 Total assets $2,580 $2,450 Current liabilities $920 $810 Long-term liabilities 610...

Search on the internet for pro-forma financial statements of any large public company from last year....

Search on the internet for pro-forma financial statements of any large public company from last year. Compare these to the results by looking at the actual financial statements. Many times, the companies will list how they performed compared to their estimates. Write a paragraph about the expectations the company had along with how they actually did. Do you think they met expectations did or did not meet their expectations.

The condensed financial statements of Ness Company for the years 2016 and 2017 are presented below....

The condensed financial statements of Ness Company for the years 2016 and 2017 are presented below. NESS COMPANY Balance Sheets December 31 (in thousands) 2017 2016 Current assets Cash and cash equivalents $330 $360 Accounts receivable (net) 470 400 Inventory 460 390 Prepaid expenses 130 160 Total current assets 1,390 1,310 Property, plant, and equipment (net) 410 380 Investments 10 10 Intangibles and other assets 530 510 Total assets $2,340 $2,210 Current liabilities $820 $790 Long-term liabilities 480 380 Stockholders’...

Problems: The Diamond Glitter Company is in the process of preparing its financial statements for 2016....

Problems: The Diamond Glitter Company is in the process of preparing its financial statements for 2016. Assume that no entries for depreciation have been recorded in 2016. The following information related to depreciation of fixed assets is provided to you. 1. The company purchased equipment on January 2, 2013, for $165000. At that time, the equipment had an estimated useful life of 7 years with a $25000 salvage value. The equipment is depreciated on a straight-line basis. On January 2,...

Current Attempt in Progress The condensed financial statements of Oriole Company for the years 2016 and...

Current Attempt in Progress The condensed financial statements of Oriole Company for the years 2016 and 2017 are presented as follows. (Amounts in thousands.) ORIOLE COMPANY Balance Sheets December 31 2017 2016 Current assets Cash and cash equivalents $330 $360 Accounts receivable (net) 640 570 Inventory 540 470 Prepaid expenses 120 160 Total current assets 1,630 1,560 Investments 180 180 Property, plant, and equipment (net) 420 380 Intangibles and other assets 530 510 Total assets $2,760 $2,630 Current liabilities $1,070...

The transactions listed below occurred at Murphy Company during 2016: Mar. 25 Exchanged a printer (Office...

The transactions listed below occurred at Murphy Company during 2016: Mar. 25 Exchanged a printer (Office Equipment) that had an original cost of $5,050 when purchased on January 4, 2014. The useful life of the old asset was originally estimated at four years and the salvage value at $250. The new printer had a price and market value of $10,400. Murphy gave up the old machine and paid $5,200 cash. The new printer is estimated to have a useful life...

(Audit ) PalEx a Palestinian listed company issued its financial statements on the 31st of December...

(Audit ) PalEx a Palestinian listed company issued its financial statements on the 31st of December 2019. The company does not issue comparative statements. The company Audit report in 2018 was qualified due to material departure from IFRS in accounting for inventory. The company now Accounts for their inventory using FIFO. You are an auditor PalEx asked to review the financial statements. Required: - Can you conduct a review Explain your answer? - Based on your answer what would you...

Subjects