BASIS OF THE ANALYSIS OF ACCOUNTING REPORTS OF THE RFET

EXAMINATION for the academic discipline BASIS OF ANALYSIS OF ACCOUNTING REPORTING

EXAM
Imagine that you are an employee of one solid audit firm. The other day, your good acquaintance businessman came to you and asked you as a professional to assess the financial condition of his organization as soon as possible. For the analysis, he provided a balance sheet and a profit and loss account for the year 2013. The businessman did not bring any more documents. You are required to characterize the financial health of the company on these two documents.
According to your friend, you learned that his firm is an open joint-stock company called "Chocolate Girl". It was opened at the end of 2011 and has been successfully operating since then. The main activity of the organization is the production of confectionery.
Using your knowledge and skills, as well as the provided balance sheet and income statement, you will need to fill out the following tables:

1. Table 1. Aggregated balance of OAO "Chocolate Factory" (the principle of aggregate balance sheet we told you in the course "Basics of Accounting Analysis").

2. Table 2. Financial performance indicators of JSC "Chocolate Factory". All calculations to complete this table should be carried out to hundredths (up to 2 digits after the decimal point).