Question
1.Download the latest FAL annual report (2017) from Moodle and calculate the following ratios for 2017 and 2016 ( show all workings ): a.Return on
1.Download the latest FAL annual report (2017) from Moodle and calculate the following ratios for 2017 and 2016 (show all workings):
a.Return on Sales
b.Investment turnover
c.Return on Investment
Comment on the financial performance of FAL over the two-year period.
[Note: When calculating these ratios, the investment centre manager of FAL is responsible for decisions about all of the assets of FAL, including non-productive asset and profit is defined as after tax.]
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College Accounting Chapters 1-9
Authors: James Heintz
22nd Edition
1305888537, 978-1305666184
