Question
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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