Quickserve pic is a food wholesale company. Its financial statements for the years ended 3 I December 20X8 and 20X9 are as follows:

Required:

(a) Describe the concerns of the following users and how reading an annual report might help satisfy these concerns:
(i) Employees (ii) Bankers (iii) Shareholders.

(b) Calculate relevant ratios for Quickserve and suggest how each of the above user groups might react to these.
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Sales revenue Gross profit Distribution costs Administrative expenses Operating profit Interest receivable Interest payable Profit before taxation Income taxation Profit after taxation Dividends in SOCE Statements of income 20X9 20X8 000 000 12,000 15,000 3,000 3,900 500 600 1,500 1,000 1,000 2,300 80 100 (400) (350) 2,050 720 1,330 600