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1. Calculate 8 financial ratios for Drench Plc (full accounts listed in the appendix) 2. Comment on the performance of Drench using the ratios you
1. Calculate 8 financial ratios for Drench Plc (full accounts listed in the appendix) 2. Comment on the performance of Drench using the ratios you have calculated 3. What problems might Drench have if they operate the business with very little cash? 4. Despite its drawbacks why do so many analysts rely on ratio analysis 5. Explain the following key accounting concepts Matching Concept Business Entity Concept
Drench Plc Income statements and statements of financial position of Drench Plc are given below. Income statements (Statement of Profit and Loss): Statements of financial position: - ROCE - Net profit margin - Current ratio - Quick ratio - Inventory turnover - Capital gearing - Interest cover - Dividend coverStep by Step Solution
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