- 20 Marks
PSAF – L2 – Q13.5 – Financial Statements Analysis
Prepare and analyze a common size statement of financial position for the Consolidated Fund of Ashanti for 2021 and 2022.
Question
Consolidated Fund of Ashanti
Statement of financial position as at 31 December
| 2021 GH¢’ | 2020 GH¢’ | |
|---|---|---|
| ASSETS | ||
| Non-current asset | ||
| Property, plant and equipment | ||
| Financial assets | ||
| Total non-current assets | ||
| Current asset | ||
| Inventory | ||
| Cash and cash equivalents | ||
| Current liabilities | ||
| Payables | ||
| Deposits and trust monies | ||
| Total current liabilities | ||
| NET ASSETS | ||
| FINANCED BY: | ||
| Accumulated fund | ||
| Non-current liabilities | ||
| Domestic debt | ||
| External debt |
Required:
(a) Prepare a common size statement of financial position for the Consolidated Fund of Ashanti for 2021 and 2022. (10 marks)
(b) Write a report analyzing the common size statement of financial position, discussing the financial position of the Consolidated Fund for 2021 and 2022.
Find Related Questions by Tags, levels, etc.
Report an error
