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a. Below are selected ratios for GoldTrue Sdn. Bhd. and Silver Black Sdn. Bhd.. Use this information to answer the following questions. GoldTrue Sdn. Bhd.
a. Below are selected ratios for GoldTrue Sdn. Bhd. and Silver Black Sdn. Bhd.. Use this information to answer the following questions. GoldTrue Sdn. Bhd. SilverBlack Sdn. Bhd. 1 Net Operating Asset Turnover 4.0 4.0 2 Receivable Turnover 12.0 12.0 3 Inventory Turnover 4.6 4.0 14 Non-Current Asset Turnover 2.0 5 Gross Profit Margin 21.1% 19.8% 6 Net Operating Profit Margin 4.5% 2.9% 7 Asset to Equity 1.8 2.8 Earnings before interest and 8 taxes/Revenues 9.9% 8.6% 1.8 Assume a corporate tax rate of 38%. Compute the return of net operating asset (RNOA) and return on common equity (ROCE). (8 marks) a. Below are selected ratios for GoldTrue Sdn. Bhd. and Silver Black Sdn. Bhd.. Use this information to answer the following questions. GoldTrue Sdn. Bhd. SilverBlack Sdn. Bhd. 1 Net Operating Asset Turnover 4.0 4.0 2 Receivable Turnover 12.0 12.0 3 Inventory Turnover 4.6 4.0 14 Non-Current Asset Turnover 2.0 5 Gross Profit Margin 21.1% 19.8% 6 Net Operating Profit Margin 4.5% 2.9% 7 Asset to Equity 1.8 2.8 Earnings before interest and 8 taxes/Revenues 9.9% 8.6% 1.8 Assume a corporate tax rate of 38%. Compute the return of net operating asset (RNOA) and return on common equity (ROCE). (8 marks)
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