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are then sold to local gun stores. The abridged accounts for 2 0 2 1 and 2 0 2 2 are given below ( all
are then sold to local gun stores. The abridged accounts for and are given below all sales are on credit: Statement of Financial Position as at February: Equity and Liabilities Equity Capital Net Profit for the Year Liabilities Current Liabilities Trade Payables Bank overdraft Required: As a financial analyst calculate the following ratios for John Wick Pty Ltd for both the and financial years: Round your answers to decimal points and round the trade receivable collection period to a full day. Note: NonCurrent Assets as at March was R Trade Receivables as at March was R Inventories as at March was R Write a report to the shareholders of John Wick Pty Ltd giving constructive feedback on the ratios calculated above for the and years. Clearly articulate your opinion on all matters and provide feedback on the performance of the company over the years based on the information provided.
are then sold to local gun stores. The abridged accounts for and are given below
all sales are on credit:
Statement of Financial Position as at February:
Equity and Liabilities
Equity
Capital
Net Profit for the Year
Liabilities
Current Liabilities
Trade Payables
Bank overdraft
Required:
As a financial analyst calculate the following ratios for John Wick Pty Ltd for both the
and financial years:
Round your answers to decimal points and round the trade receivable collection period to
a full day.
Note:
NonCurrent Assets as at March was R
Trade Receivables as at March was R
Inventories as at March was R
Write a report to the shareholders of John Wick Pty Ltd giving constructive feedback on the ratios calculated above for the and years. Clearly articulate your opinion on all matters and provide feedback on the performance of the company over the years based on the information provided.
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