l

QUESTION THREE The Summarized financial statements of God First Ltd art shown below. 2014 2013 GHS GHS Non-Carte Assen 32,025 12,595 Current Ant Javessory 127,130 101,155 Todkrceivables 101,320 109,260 Scanned by TapScanner 14,585 30,470 Balance at bank 283,000 245,540 25,000 25,000 Ordinary Shares (issued@GHS0.01) 73,815 61,315 Income Surplus Deferred taxation 27,165 16,335 10% Debenture 50,000 50,000 Trade Payables 91,810 82.155 Taxation 1,210 6,235 Dividend 5,000 4,500 283,000 245,540 Results for the year ended 31 December. 2014 2013 GHS GHS Sales 1,323,130 1,101.97 Trading profi 46,900 1,810 Interest payable 5,000 5,000 Taxation 21,900 18,210 Dividend 7,500 7,000 283,000 245,540 Required: Calculate twa (2) specific ratios of importance to: L Trade payables (.e. Ad Test and Current Ratio) Smarks M V. Management (e. Return on Capital Employed and Assets turnover) Smarks Shareholders (La Earinger share and Dividend Cover) Smarks Con the ratios Computed marks