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4. The finance manager of Roscani Corporation provided the following financial information to you to prepare the company's financial analysis. RM Roscani Corporation Statement of
4. The finance manager of Roscani Corporation provided the following financial information to you to prepare the company's financial analysis. RM Roscani Corporation Statement of Financial Position as at 31/12/2021 RM Current asset Cash 1,000 Accounts receivable 8,900 Inventory 4,350 Total current assets 14,250 Non current assets Equipment 35,000 (-) accumulated depreciation 13,250 Net non-current asset 21,750 Total assets 36,000 9,000 6,675 Current liability Payable account Accrual account Total current liability Long term loans Total liabilities Owner equity ordinary shares Retained earnings Total equity Total liability and owner equity 15,675 4,125 19,800 1,000 15,200 16,200 36,000 Roscani Corporation Statement of Profit or Loss for the year ended 31/12/2021 RM Sales 100,000 Cost of Goods Sold (87,000) Gross profit 13,000 Operating expenditure (11,000) Earnings before interest and tax 2,000 Interest (500) Earning before tax 1,500 (420) Net profit 1,080 Tax Required: Based on the financial information above, calculate the following financial ratios: i. Current ratio (4) ii. Quick ratio (4) iii. Days sales outstanding (4) iv. Net profit margin (4) v. Total asset turnover (4)
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