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Help ASAP QUESTION FOUR [25] Nirli Corporation Ltd's Statement of Financial Position for the 2018 and 2019 nancial years are as follows: Assets 201 9(R)

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QUESTION FOUR [25] Nirli Corporation Ltd's Statement of Financial Position for the 2018 and 2019 nancial years are as follows: Assets 201 9(R) 201 B( R) Non-Current Assets 5 000 000 3 800 000 Inventory 500 000 700 000 Receivables 350 000 420 000 Cash 280 000 140 000 6 130 000 5 080 000 Equity and Liabilities Share Capital (R2 shares) 2 600 000 1 700 000 Retained Income 500 000 940 000 Long term Debt 2 000 000 1 800 000 Payables 1 030 000 620 000 6 130 000 5 080 000 The abbreviated Statement of Comprehensive Income for the year ended 2019 reects the following: R Sales (75% on credit) 2 400 000 Cost of sales 1 600 000 Depreciation 62 000 Interest expense 96 000 Tax (30%) 160 000 Net Income after tax 300 000 Dividends 240 000 Retained Income 60 000 NB: Their shares are currently trading at R3 per share. Required: 4.1 Calculate the gross prot margin and net prot margin. (4) 4.2 Calculate the Earnings Per Share (EPS) and Dividends Per Share (DPS) for the current year. Explain what occurs to the difference between the EPS and the DPS value. (6) 4.3 Calculate the return on equity. Will shareholders be happy with this return? Explain

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