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Financial Ratio Analysis Sales: $24,000,000 COGS/COS: $18,960,000 Other cost: $491,000 Net profit: $4,549,000 Current Assets: $9,360,000 Non-current Assets: $10,320,000 $2,865,870 $2,547,440 Owner equity for the

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Financial Ratio Analysis Sales: $24,000,000 COGS/COS: $18,960,000 Other cost: $491,000 Net profit: $4,549,000 Current Assets: $9,360,000 Non-current Assets: $10,320,000 $2,865,870 $2,547,440 Owner equity for the year before previous financial year: Owner equity for the previous financial year: Average inventory: Average accounts receivable: $7,020,000 $2,340,000 Use the information provided above to calculate the six financial performance ratios for your company. (3 marks) Round answers to the nearest whole number. ROA: % ROE: % Profit margin: % Gross profit margin: % Inventory turnover: Debtors turnover

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