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Extracts from the draft budgets of a company are listed below: RM000 Operating profit 437 Sales revenue 9104 Share capital and reserves 1823 Long-term borrowing
Extracts from the draft budgets of a company are listed below:
RM000
Operating profit 437
Sales revenue 9104
Share capital and reserves 1823
Long-term borrowing 779
Inventory 462
Receivables 978
Payables 513
Calculate the following:
(i) Return on Capital Employed
(ii) Asset turnover
(iii) Current ratio
(iv) Acid test (quick) ratio
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