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Any help will be appreciated The following information has been extracted from the financial statements of Dandy & Grandee Superstores Ltd. Extracts from the Income

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The following information has been extracted from the financial statements of Dandy & Grandee Superstores Ltd. Extracts from the Income Statements for year ended 30 April ..... 2019 2018 S'000 S'000 Sales 11,200 9,750 Cost of sales 8,460 6,825 Net profit before tax 465 320 This is after charging: Depreciation 360 280 Loan note interest 80 60 Interest on bank overdraft 15 9 Audit fees 12 10 *** 2018 $'000 S'000 $'000 1850 1430 490 1080 120 1950 3800 1690 3120 Statement of financial position as at 30 April 2019 $'000 Assets Non-current assets Current assets Inventory 640 Receivables 1230 Cash 80 TOTAL ASSETS EQUITY & LIABILITIES Equity Ordinary share capital 800 Retained earnings 1310 Non-current liabilities 10% loan stock Current liabilities Bank overdraft 110 Payables 750 Taxation 30 800 930 2110 1730 800 600 80 690 20 890 3800 790 3120 The following figures have been extracted from the records of D & G Superstores Ltd for the previous year as well as the relative industry averages: D&G Industry Average 30 April 2018 30 April 2018 ROCE (capital employed = equity + debentures) 16.70% 18.50% Profit/sales 3.90% 4.73% Asset turnover 4.29 3.91 Current ratio 2.0 1.9 Quick ratio 1.42 1.27 Gross profit margin 30.00% 35.23% Accounts receivable collection period 40 days 52 days Accounts payable payment period 37 days 49 days Inventory turnover (times) 13.90 18.30 Gearing 26.37% 32.71% WRITTEN ASSIGNMENT You are required to: A. With the use of FIVE (5) advantages and FIVE (5) disadvantages, discuss the use of ratios in analyzing financial performance. (10 marks) B. Calculate comparable ratios (to 2 decimal places) for Dandy & Grandee Superstores Ltd for the year ended 30 April 2019. Show all calculations (18 marks) C. Write a report to the board of directors of Dandy & Grandee Superstores Ltd. analyzing the performance of the company when 2019 is compared with the previous year 2018 and against industry average. (27 marks) ORAL PRESENTATION (to be included in the written report as well) Advise the directors of Dandy & Grandee Superstores Ltd of strategies that can be implemented to improve the performance of the company. (15 marks) WRITTEN RUBRIC (additional marks) APA presentation Analysis and interpretation of the case (to be applied 5 marks cach to questions 3 & 4 above) Turnitin (maximum 15% similarity) Class ID: Enrolment key: References (at least 2 textbooks and academic journals) Assignment & Rubric 5 marks 10 marks 5 marks 6 marks 4 marks

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