حل واجبات الجامعة العربية المفتوحة :
00966597837185 - 0597837185
رقم المهندس أحمد : 00966597837185
O.O.9.6.6.5.9.7.8.3.7.1.8.5
او بالواتس 00966597837185
الايميل : a_al_shora@hotmail.com
BE210 (BE210/4)
The TMA Questions
Jazeera Airways
Jazeera Airways K.S.C.P. (the “Ultimate Parent Company”) was incorporated by Amiri Decree on 3 March 2004 as a Kuwaiti Public Shareholding Company under the laws of Kuwait and is engaged in the business of air transportation and commercial passenger services under a license from the Directorate General of Civil Aviation.
You can download the 2016 annual report for Jazeera Airways directly from the following web page:
Instructions:
Use the annual report to answer the following questions:
1- What are the consolidated financial statements of Jazeera Airways K.S.C.P. (“the Ultimate Parent Company”) and its subsidiaries (collectively “the Group”)?
[10 marks]
2- What is the basis of preparation of the consolidated financial statements 2016?
[5 marks]
3- List five objects of the Ultimate Parent Company?
[5 marks]
4- What are the subsidiaries of the Ultimate Parent Company?
[5 marks]
5- Go through the “INDEPENDENT AUDITORS’ REPORT TO THE SHAREHOLDERS” and answer the following questions:
a. Who is responsible for the preparation and fair presentation of these consolidated financial statements?
b. What is the name of the independent auditors?
c. What is the basis for opinion of the independent auditor, and determine the auditor’s responsibilities for the audit of the consolidated financial statements?
[15 marks]
6- What are the total assets of Jazeera Airways at December 31, 2016 and at December 31, 2015? Write Jazeera airways’ accounting equation at December 31, 2016 & December 31, 2015, by filling “Assets=Liabilities + Stockholders’ Equity”.
[10 marks]
7- Identify Revenue for the years 2016 and 2015. Did Revenue increase or decrease in 2016 compared with 2015? Comment.
[15 marks]
8- Identify Net Profit (Net Income) for the years 2016 and 2015. Did Net Profit increase or decrease in 2016 compared with 2015. Based on this, was the year 2016 better or worse than the year 2015? Comment.
[15 marks]
9- Compute Jazeera airways’ current ratio at December 31, 2016 and December 31, 2015. Did the company’s ability to pay current debts improve or deteriorate or did it remain the same. Comment briefly on your findings.
[10 marks]
10- Compute the debt ratio for Jazeera airways as of December 31 2016 and December 31, 2015. Comment on your answer.
[10 marks]
End of TMA Questions
حل واجبات الجامعة العربية المفتوحة :
00966597837185 - 0597837185
رقم المهندس أحمد : 00966597837185
O.O.9.6.6.5.9.7.8.3.7.1.8.5
او بالواتس 00966597837185
الايميل : a_al_shora@hotmail.com