data? $(5$p$)$

fotal Sales is $100000$

soles an Credit i $75$ N of total sales.

Acrounts Recelvables at the end of vear I $$30\mathrm{.}000$

$12.$ It a firm has $$100\mathrm{.}000$ in inventories, a current ratio equat to $1\mathrm{.}2,$ and an acid$-$test ratio equal to $1\mathrm{.}1,$ what is the firm's Nint Workins Capital? $($$p$)$

$13.$ Cost of goods sold $4,00,000$

Administration $8$ office expenses $35,000$

Selling & distribution expenses $45,000$

Net credit sales $4,75,000$

Cash sales $1,25,000$

Operating profit ratio will be $?(8$p$)$

$14-$ McQueen Corp's Income Statement dated $31/12/2022$ is as follows. Perform the vertical analysis of the company's income statement. $(12$p$)$

$\backslash$table$[[$Mcqueen Corp$-$ Income Statement$-2022,2022,\%],[$Sales$,1,910,000,],[$Cost of Goods Sold,$1,250,000,],[$Gross profit,$660,000,],[(-)$ Operating Expenses,$185,000,],[$Earnings Before Interest and Taxes $($EBIT$),475,000,],[(-)$ Interest Expense,$50,000,],[$Earnings Before Tax,$425,000,],[(-)$ Taxes,$160,000,],[$Net Profit After Tax,$265,000,]]$

From the following information, calculate;

a$)$ Average collection period

b$)$ Payable deferral period

c$)$ Inventory holding period

d$)$ Cash conversion cycle

$(16$p$)$

$\backslash$table$[[$Revenue from Operations,$875,000],[$Creditors$,90,000],[$Bills receivable,$68,000],[$Bills payable,$73,000],[$Purchases $($CGS$),520,000],[$Trade debtors,$89,000],[$Inventories$,127,000]]$

Current Rotio $=$ Current Asset $\frac{?}{?}$ Current Liobility

Cosh Rotio Marketoble securities