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Given below the Financial Statement of Rezeki Sdn Bhd for the year ended 31 December 2022 and 2021: Rezeki Sdn Bhd Statement of Financial Position
Given below the Financial Statement of Rezeki Sdn Bhd for the year ended 31 December 2022 and 2021: Rezeki Sdn Bhd Statement of Financial Position as at 31 December 2022 and 2021 Additional Information: i. Net Credit Sales is RM 240,000 ii. Cost of Goods Sold is RM110,000 Required: Calculate the following ratios for 2022 : a) Current ratio (5 marks) (CLO2:PLO5:C3) b) Inventory turnover (5 marks) (CLO2:PLO5:C3) c) Account receivables turnover (5 marks) (CLO2:PLO5:C3) d) Return on assets ratio (5 marks) (CLO2:PLO5:C3) e) Asset turnover ratio
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