Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

financial accounting question The following figures were extracted from the most recent year and accounts of three separate companies Company BEE RM O Sales Gross

image text in transcribed

financial accounting question

The following figures were extracted from the most recent year and accounts of three separate companies Company BEE RM O Sales Gross Profit Net pruit AYE RM 000 00 120 30 CEE RM100 40 120 32 135 54 350 50 20 100 200 00 50 200 150 250 20 90 Ordinary Share Capital (RM per share) Reserve Non Current Arse-Net Book Value Sack Debtors Bank Credits Proposed Dividend Overdraft 40 10 065) 20 14 116 20 16 Required Calculate for each company to one decimal place, the following ratios: (1) Gross Profit is a percentage of cost of sales ACC 2209 Tutorial Questions on Ratio Analysis Net profitto sales (HD Remon Capital employed (iv) Current ratio (V Stock Turnover expressed in days) (V) Creditos day (espised in days (12 mark) Comment on the rates above and state TWO (2) aditional pieces of information you would consider before advising a potential investoren which of the three companies to invest in (Total: 20 mark)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Coffee Plus Math Equal To Audit

Authors: Marina Peters

1st Edition

B08BDSDFR6, 979-8654153418

More Books

Students also viewed these Accounting questions

Question

* What is the importance of soil testing in civil engineering?

Answered: 1 week ago

Question

Explain the concept of shear force and bending moment in beams.

Answered: 1 week ago

Question

Does it exceed two pages in length?

Answered: 1 week ago

Question

Does it avoid typos and grammatical errors?

Answered: 1 week ago