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Extracts from a company 'accounts show the following Statement of profit or loss $000 statement of financial position $000 $000 Revenue 2,250 Non-current assets Cost

Extracts from a company 'accounts show the following

Statement of profit or loss $000 statement of financial position $000 $000

Revenue 2,250 Non-current assets

Cost of sales 1,000 Current assets

Gross profit 1,250 Inventory 150

Distribution costs 275 Trade receivables 240

Administrations 150 Cash 100

Operating profit 825 490

Finance cost 80 Long term loans 200

Profit before tax 745 Trade payables 275

Tax 90

Profit for the year 695

Required

1) What is the gross profit margin?

2) What is the return on sales?

3) What is the current ratio?

4) What are the receivable days?

5) What are the payable days?

6) What is the inventory turnover in days?

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