The statement of financial position as at 31st December, 2013 of Anop Limited (Ltd) and Ban Limited are given below: Equ

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answerhappygod
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The statement of financial position as at 31st December, 2013 of Anop Limited (Ltd) and Ban Limited are given below: Equ

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The statement of financial position as at 31st December, 2013 ofAnop Limited (Ltd) and Ban
Limited are given below:
Equity Anop Ltd Ban Ltd
Share capital 140000 410000
Revenue reserves 24000 28000
Non-current liabilities
Redeemable preference shares 120000 150000
Current liabilities
Bills payables 7000 1000
Sundry creditors 12000 3000
Accrued expenses 25000 96000
438000 808000
Non-current assets
Land and buildings 80000 123000
Plant and machinery 334000 600000
Current assets
Inventories 5000 40000
Accounts receivables 6000 20000
Financial assets – held for
trading
4000 13000
Prepaid expenses 1000 2000
Cash and bank 8000 10000
438000 808000
Required:
Compare the financial position of two companies with the help ofcommon size statement offina
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