财务分析答案（Financial analysis answer）.docVIP

财务分析答案（Financial analysis answer） Financial statement analysis, after-school exercises, reference answers The second chapter (P82) 1. (1) A company claims (accounts receivable, bills receivable, other receivables, prepayments) more than 75% of the total assets, the scale is too large, indicating that the companys currency, stock, investment, fixed assets, intangible assets in the total assets of less than 25%. (2) more than the parent company accounts receivable amounting to 80% of the companys debt, accounting for 80% of the total assets of the company 75% x = 60%. Such a huge amount of related transaction claims is doubtful. There may be transfer of funds, illegal occupation, manipulation of profits and so on. (3) the parent company has been seriously insolvent facing bankruptcy, which means that the corresponding claims can not be recovered or not fully recovered, will make the A company suffered a serious loss of assets, and will further lead to serious losses, the companys cash flow problems, stock prices plummeted, severely damaged the image of company. 2. inventory may be due to excessive purchases, or it may be due to excessive production and poor sales. No matter what the reason is, in the short term, companies do not have what loss; even the poor sales, but the companys current assets increased to enhance a short-term solvency illusion; and can make a lot of costs to be assets, reduce the cost of the current period, so that when the profit has a good performance. In the long run, the overstock of inventories will lead to the increase of capital occupation and storage costs; if the overstock of stocks is the poor sales of finished goods, the consequences will be more serious, and the loss and loss of inventory assets will happen in the future. 3.2005 years long quality of Kelon Electric assets (1) fixed assets. Some of the equipment is seriously aging, indicating that the company in the long break time development stagnation, but also lack of technical prog