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:

image text in transcribed

image text in transcribed

image text in transcribed

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.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Accounting

ISBN: 9781119977186

3rd Edition

Authors: Michael J. Jones

Question Posted: