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calculate liquidity and profitability ratios Q.1 The following are the summarized financial statements of your competitors. Note: 1. Credit sales have been 89.13% and 90.9%
calculate liquidity and profitability ratios Q.1 The following are the summarized financial statements of your competitors. Note: 1. Credit sales have been 89.13% and 90.9% of the total sales in the years 2020-21 and 2021-22 respectively. 2. Total number of shares outstanding (company's shares currently held by all its shareholders) is 1.25 lakhs. 3. The company follows a policy of paying 40% profit after tax as dividend as there are tremendous expansion opportunities. Statement of Sources and Application of Funds of Zoom Ltd as on
calculate liquidity and profitability ratios
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