Group Assignments Introduction to Accounting DAMAC Properties has been at the forefront of the Middle East's luxury real estate market since 2002, delivering luxury residential, commercial and leisure properties across the region, including the UAE, Saudi Arabia, Qatar, Jordan, Lebanon and the United Kingdom. Making its mark at the highest end of stylish living, DAMAC Properties has cemented its place as the leading huxury developer in the region having delivered over 19.855 homes, with a development portfolio of more than 44,000 units at various stages of progress. This includes 13,000 hotel rooms, serviced hotel apartments and hotel villas that will be managed by it's wholly owned DAMAC Hotels & Resorts. From the financial information available to you, calculate the following top access the annual picture of Damac 1. 2. 3. Horizontal Analysis Vertical analysis Calculate the following ratios (4 marks) (4 marks) (0.5 x 14-7) vi Times interest earned vii Free cash flovw viii Eamings per share ix. Price-eamings ratio x Profit margin xi. Return on assets xii Asset tumover xii. Payout ratio xiv. Times interest earned