For Naturalistic plc, calculate the following ratios for 2020 and 2021. Workings and formulae used must...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
For Naturalistic plc, calculate the following ratios for 2020 and 2021. Workings and formulae used must be clearly stated. (1) (ii) (iii) (iv) (v) (vi) Current ratio Quick (also called Acid-Test) ratio Gearing ratio Interest cover Earnings per share Dividend Cover Naturalistic plc-Profit and Loss Account Extracts Year ended 31 December 2020 £m 584 Sales revenue Cost of sale Gross profit Administration costs Selling and distribution costs Operating profit Loan interest Profit after interest Taxation Profit after taxation Proposed dividend Retained profit for the year Non-current assets Properties, plant and equipment Current assets Inventories Trade receivables Cash and bank Total assets Naturalistic plc - Statement of Financial Position Extracts Equity Share capital (£10 per share) Total Retained Profits Non-current liabilities Bank loan (repayable 2026) (389) 195 Current liabilities Trade payables Proposed dividends Tax payable Total Equity and Liabilities (70) (78) 47 (0) 47 (16) 31 16 15 Year ended 31 December 2020 £m 280 47 70 39 436 272 93 0 39 16 16 Year ended 31 December 2021 £m 972 (685) 287 (93) (101) 436 93 (8) 85 (39) 46 23 23 Year ended 31 December 2021 £m 428 62 156 16 662 295 116 80 109 23 39 662 For Naturalistic plc, calculate the following ratios for 2020 and 2021. Workings and formulae used must be clearly stated. (1) (ii) (iii) (iv) (v) (vi) Current ratio Quick (also called Acid-Test) ratio Gearing ratio Interest cover Earnings per share Dividend Cover Naturalistic plc-Profit and Loss Account Extracts Year ended 31 December 2020 £m 584 Sales revenue Cost of sale Gross profit Administration costs Selling and distribution costs Operating profit Loan interest Profit after interest Taxation Profit after taxation Proposed dividend Retained profit for the year Non-current assets Properties, plant and equipment Current assets Inventories Trade receivables Cash and bank Total assets Naturalistic plc - Statement of Financial Position Extracts Equity Share capital (£10 per share) Total Retained Profits Non-current liabilities Bank loan (repayable 2026) (389) 195 Current liabilities Trade payables Proposed dividends Tax payable Total Equity and Liabilities (70) (78) 47 (0) 47 (16) 31 16 15 Year ended 31 December 2020 £m 280 47 70 39 436 272 93 0 39 16 16 Year ended 31 December 2021 £m 972 (685) 287 (93) (101) 436 93 (8) 85 (39) 46 23 23 Year ended 31 December 2021 £m 428 62 156 16 662 295 116 80 109 23 39 662
Expert Answer:
Answer rating: 100% (QA)
1 2 A SNo 1 2 3 B 3 4 5 6 7 8 9 10 11 12 13 14 SNo 15 1 16 2 Quick Ratio 3 Gearing Ratio 17 18 4 19 ... View the full answer
Related Book For
Introductory Econometrics A Modern Approach
ISBN: 978-0324660548
4th edition
Authors: Jeffrey M. Wooldridge
Posted Date:
Students also viewed these general management questions
-
An interesting economic model that leads to an econometric model with a lagged dependent variable relates yt to the expected value of xt, say, x*i, where the expectation is based on all observed...
-
A tractor has a first cost of $40,000 and a salvage value of $15,000 in year 10. The MARR is 12% per year. An identical tractor can be rented for $32,000 per year. Annual operating cost is same for...
-
The project described in the table uses the same resource for activities A, B, C, and D. Which activity gets first use of this resource if we assign the resource based on the activity with the...
-
1. Debate whether or not online retailers should be required to collect state sales taxes. Suggest an equitable solution to this issue. 2. Research online tax rules. Look specifically at the 1992...
-
Through April 30 of the 2009 filing season, 15.8% of all individual U.S. tax returns were prepared by H&R Block. a. If two individuals are randomly selected from those filing tax returns during this...
-
Name some factors that could cause AD to shift, and say whether they would shift AD to the right or to the left.
-
Calculate \(|38|\).
-
The vice president of operations of I4 Computers Inc. is evaluating the performance of two divisions organized as investment centers. Invested assets and condensed income statement data for the past...
-
5. Richland Merchants is analyzing a proposed expansion project that is riskier than the firm's current operations. Due to the nature of the project, the firm has stated that the project will be...
-
Linda Stanyon has been the production manager for Plano Produce for over eight years. Plano Produce is a small company located near Plano, Illinois. One produce item, tomatoes, is sold in cases, with...
-
The Luminous Glass is engaged in cleaning glass walls and windows of high rise buildings in Makati. The company incurs service overhead of P200,000 per month. Luminous Glass has 50 workers who work...
-
1 . Make a list of the industry's key success factors and measures of competitive strength or weakness. 2 . Assign weights to each competitive strength measure based on its perceived importance.
-
Suppose you currently have $5,000 in your savings account. You will withdraw $2,000 for a vacation to Costa Rica in two years (t = 2), and you will add $5,000 to your account in five years (t = 5)....
-
Let M be the Turing machine defined by 8 90 91 92 B 91, B, R 91, B. R 91, a, R 92, b, L b 91, b, R 92, a, L 92, C, L a) Trace the computation for the input string abcab. b) Trace the first six...
-
The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory,...
-
The Braxton Machinery Company makes bottle-capping equipment. Each order is somewhat different from all others, so that the firm uses job order costing. There are two departments, Machining and...
-
Q4Alhaji Guru was an audit partner in the firm of Novels, &Associates. He is in the process of reviewing the audit files forthe audit of a new client, Musa Resources. Musa is in the businessof 2...
-
What mass of KBr (in grams) should you use to make 350.0 mL of a 1.30 M KBr solution?
-
Use the data in PNTSPRD.RAW for this exercise. (i) The variable sprdcvr is a binary variable equal to one if the Las Vegas point spread for a college basketball game was covered. The expected value...
-
(Requires calculus) Let patents be the number of patents applied for by a firm during a given year. Assume that the conditional expectation of patents given sales and RD is E(patents | sales, RD) =...
-
(i) Let and be the intercept and slope from the regression of yi on xi, using n observations. Let c1 and c2, with c2 ( 0, be constants. Let and be the intercept and slope from the regression of c1.yi...
-
10. YOU BE THE JUDGE WRITING PROBLEM Sara Kearns went to an auction at Christie's to bid on a tapestry for her employer, Nardin Fine Arts Gallery. The good news is that she purchased a Dufy tapestry...
-
9. Roy Watson bought vacuum cleaners from T & F Distributing Co. and then resold them door-to-door. He was an independent contractor. Before hiring Watson, the president of T & F checked with two...
-
11. Jack and Rita Powers purchased 312 head of cattle at an auction conducted by Coffeyville Livestock Sales Co. They did not know who owned the cattle they bought. The Powers, in turn, sold 159 of...
Study smarter with the SolutionInn App