Question
Calculate the following ratios for MicroSystems for July 2021 based on your [corrected] / the above financial statements. Convert your figures to a percentage (%)
Calculate the following ratios for MicroSystems for July 2021 based on your [corrected] / the above financial statements. Convert your figures to a percentage (%) where specified. Round your answers to one decimal place. You will need to record your numerator and denominator for each ratio in addition to your answer. Gross profit margin (%) Operating profit margin (%) Return on shareholders' funds (%) Current ratio Acid test ratio Interest cover ratio Gearing ratio (%) . You have sourced the following ratios for JB Ltd, July 2021: Gross profit margin = 21.4% Operating profit margin = 5.1% Return on shareholders' funds = 25.9% Current ratio = 1.1 times Acid test ratio = 0.3 times Interest cover ratio = 21.2 times Gearing ratio (%) = 38.8 % NOTE: Competitor, JB Ltd's financial ratio for July 2021
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