Anteater plc has produced the following summary accounts: Note that preference dividends of 10,000 and ordinary dividends
Question:
Anteater plc has produced the following summary accounts:
Note that preference dividends of £10,000 and ordinary dividends of £40,000 have been charged to retained earnings.
Required:
From the above accounts prepare the following ratios:
(a) Profitability ratios
(b) Efficiency ratios
(c) Liquidity ratios
(d) Gearing ratio
(e) Investment ratios.
Transcribed Image Text:
Income Statement for the Year Ended 31 December 2012 Revenue Cost of sales Gross Profit Administrative expenses Distribution expenses Operating profit Debenture interest Profit before Taxation Taxation Profit for Year 000 1,000 (750) 250 (117) (30) 103 (3) 100 (20) 80
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