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b. The following are the average ratios of competitors in the same industry for year 2021: Compare and evaluate the performance of EStar Enterprise compared
b. The following are the average ratios of competitors in the same industry for year 2021: Compare and evaluate the performance of EStar Enterprise compared to its competitors in the same industry. The following are the financial statements of EStar Enterprise. Required: a. Calculate the following ratios of EStar Enterprise: 1 i. Gross profit ratio ii. Net profit ratio iii. Current ratio iv. Acid test ratio v. Returned on capital employed (15 marks) b. The following are the average ratios of competitors in the same industry for year 2021 : Compare and evaluate the performance of EStar Enterprise compared to its competitors in the same industry
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