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I need answer will step step workings. Pls help me . Its urgent Statement of Profit or Loss of Oldfield Limited for Year 2020 and
I need answer will step step workings. Pls help me . Its urgent
Statement of Profit or Loss of Oldfield Limited for Year 2020 and Year 2021 Market price per share Rl Opening inventory as at 1 January 2020 is RM20,000. Required: (Use 365 days in a year to calculate some of the ratios) Calculate and explain the following ratios for the year: i. Current ratio ii. Quick ratio iii. Inventory turnover iv. Accounts receivable collection period (days) v. Account payable payment period (days) vi. Return on capital employed vii. Gross profit margin viii. Net profit margin ix. Earnings per share x. Price earnings ratio (Each: 4 marks) Statement of Profit or Loss of Oldfield Limited for Year 2020 and Year 2021 Market price per share Rl Opening inventory as at 1 January 2020 is RM20,000. Required: (Use 365 days in a year to calculate some of the ratios) Calculate and explain the following ratios for the year: i. Current ratio ii. Quick ratio iii. Inventory turnover iv. Accounts receivable collection period (days) v. Account payable payment period (days) vi. Return on capital employed vii. Gross profit margin viii. Net profit margin ix. Earnings per share x. Price earnings ratio (Each: 4 marks)Step by Step Solution
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