The financial statements of R Ltd for the year to 30 April 2024 are as follows:

Dividends of £1,000 (preference) and £20,000 (ordinary) were paid in the year.

Required:Insofar as the information given permits, calculate the following ratios for R Ltd for the year to 30 April 2024, stating any assumptions made:(a) Return on capital employed 

(b) Return on equity(c) Gross profit margin 

(d) Operating profit margin(e) Current ratio 

(f) Quick ratio(g) Inventory holding period 

(h) Receivables collection period(i) Payables payment period 

(j) Capital gearing ratio(k) Interest cover 

(l) Dividend cover(m) Earnings per share.

Transcribed Image Text:

R Ltd Statement of comprehensive income for the year to 30 April 2024 Sales revenue Cost of sales Gross profit Operating expenses Profit from operations Interest expense Profit before taxation Taxation expense Profit for the year £000 410 235 Taleelsele 115 45 10