Financial Analysis Exercises and Concepts
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ScribdTranslationsTECHNICAL UNIVERSITY OF MANABÍ
FACULTY OF ADMINISTRATIVE AND ECONOMIC SCIENCES
FINANCIAL ANALYSIS
PARALLEL
MEMBERS:
CEVALLOS VELEZ GEORGETTH
MACIAS MACIAS JOSSELYN
MUÑOZ SANCHEZ NATHALY
QUEVEDO PONCE STEFANIA
ZAMBRANO ZAMBRANO ADRIANA
LEVEL:
EIGHT
TEACHER:
FELIX ALBERTO MOGRO RADA
Exercise 1
Write inside the parentheses the letter F if the statement is false or the letter V if it is true.
true.
1. The balance sheet is a statement V
basic financial that shows the
assets, liabilities and equity
of a company for a period.
2. The income statement shows the V
revenues, costs, and expenses of a
period.
3. The basic financial statements are V
five.
4. The characteristics of the accounts Vof
active are the ones that are going to provide
a future economic benefit to the
company.
5. The presentation of the accounts ofF
current assets in the balance sheet
depends on their availability.
6. The presentation of the accounts ofV
liabilities on the balance sheet depend
of his enforceability
Exercise 2
Indicate the financial statement to which the following accounts belong:
1. Suppliers. Balance Genera
2. Social capital Balance Generates
3. Deposits in guarantee Balance Generates
4. Financial expenses Income Statement
5. Sales Income Statement
6. Administrative expenses Income Statement
7. Equity capital Generates Balance
8. Legal reserve Balance Generates
9. Cost of sales Income Statement
10. Provisions. Balance Genera
Balance Sheet
Exercise 3
Mark with an X the accounts shown in the table, depending on whether they correspond to:
Active Equity capital
Passive Results
For the accounts of assets and liabilities, indicate which group
belong.
Active Passive
Circulating Short term
(circulating)
Non-current Long term
(fixed)
Fixed
Intangible
Count Active Passive Equity capital Results
Customers CIRCULATING X
2. Raw material inventory CIRCULATING X
3. Social capital X
4. Rents collected SHORT TERM
5. Prepaid insurance CIRCULATING X X
6. Financial products (interests X
cattle)
7. Bank loans (short term) X SHORT TERM
8. Cash on hand CIRCULATING X
Accumulated earnings X
10. Administrative expenses X
11. Sales X
12. Estimation for billing accounts CIRCULATING X
doubtful
[Link] X FIXED
14. PTU payable SHORT TERM
15. Computing equipment FIXED X
16. Profit (loss) of the fiscal year X
17. officials and employees Circulating X
18. Advance payments CIRCULATING X
19. Mortgage loan LONG TERM
20. Returns on sales X
21. Suppliers SHORT TERM
22. Finished goods inventory CIRCULATING X
23. Accumulated depreciation X NO
FIXED CIRCULATING
24. Patent X NO
CIRCULATING
INTANGIBLE
25. Banks CIRCULATING X
58
Exercise 4
Use the following information to identify and integrate the amount that
correspond to the different items of the balance sheet.
Count Quantity Cuenta Quantity
Providers $35,000.00 Documents payable $22,500.00
Documents receivable $40,000.00 Inventories $150,000.00
Social capital $850,000.00 Lands $125,000.00
Long-term bank loans $50,000.00 Benefits of exercise $75,000.00
Mortgage loans $88,000.00 Machinery and equipment $250,000.00
Rents collected in advance $15,000.00 Delivery team $185,000.00
Cash $80,000.00 Prepaid insurance $35,000.00
Temporary investments $95,000.00 Rents paid in advance $25,000.00
Based on the above information, answer the following questions:
a)What is the total amount of current assets?
COUNT QUANTITY
Effect $ 80,000.00
Temporary investments $ 95,000.00
Documents receivable $ 40,000.00
Rents paid in advance $ 25,000.00
Insurance paid in advance $ 35,000.00
Inventory $ 150,000.00
TOTAL CURRENT ASSETS $ 425,000.00
Your total amount is $425,000.00
b)What is the total amount that represents the equity capital?
ACCOUNT QUANTITY
Share capital $ 850,000.00
Usefulness of the exercise $ 75,000.00
TOTAL $ 925,000.00
Your total amount is $925,000.00
Exercise 5
Industrias Informáticas, S.A. de C.V. provides the following data,
corresponding to the month of August 2007, and asks you to present your
income statement.
Financial products $7,500.00
Cost of sales $120,000.00
Administrative expenses $30,000.00
Financial expenses $5,000.00
Returns on sales $8,000.00
Sales discounts $2,000.00
Other expenses $1,000.00
Sales expenses $25,000.00
Other products $1,500.00
Sales $350,000.00
Income tax $47,040.00
Information Industries, S.A. de C.V.
Income statement from August 1 to August 31, 2007
Sales $350,000.00
Returns on sales $8,000.00
Sales discounts $2,000.00 10,000.00
Net sales $340,000.00
Cost of goods sold $120,000.00
Gross profit $220,000.00
(–) Operating expenses:
Sales expenses $25,000.00
Administrative expenses $30,000.00 $55,000.00
Operating income $165,000.00
Financial expenses $5,000.00
Financial products $7,500.00
(+) Other products $1,500.00
(–) Other expenses $1,000.00 $3,000.00
Profit before taxes $168,000.00
(-) ISR (29%) $47,040.00
Net profit $120,960.00
59
Self-assessment
I. The financial statements currently represent:
a) The finished product of the accounting process and the documents for
by means of which financial information is presented.
b) The intermediate product of the accounting process and are the documents by
through which the financial information is presented.
c) The initial product of the accounting process and are the documents for
through which the financial information is presented.
d)The finished product of the administrative process is the documents.
through which the accounting information is presented.
II. What is the general objective of
the financial statements?
a) Provide qualitative information expressed in monetary units of
an entity regarding its financial position, the financial operation,
result of its operations and changes in its equity and in
its resources or sources, which are useful to the general user in the process of
the economic decision making.
b)Provide quantitative information expressed in monetary units of
an entity regarding its financial position, the financial operation, of
result of its operations and changes in its equity capital and in
its resources or sources, which are useful to the general user in the process of
economic decision making.
c)Provide qualitative information expressed in non-monetary units of
an entity regarding its financial position, the financial operation, of the
result of its operations and changes in its equity and in
their resources or sources, which are useful to the general user in the process of
la toma de decisiones administratvas.
d) Provide quantitative information expressed in non-monetary units
about its accounting position, the financial operation,
the result of their operations and changes in their equity capital and
in their resources or sources, which are useful to the general user in the process
from the making of administrative decisions.
[Link] statements must provide information regarding the
evolution of:
a) Assets, Liabilities and Resources humans.
b) Assets, Liabilities, and Equity.
c) Assets, Equity and Resources humans.
d) Liabilities, Assets, and Acquisition Costs.
[Link] are elements of judgment provided by the financial statements:
a) Inventory and Solvency.
b) Solvency and Variability.
c) Liquidity and Profitability.
d) Liquidity and Rotation.