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Make use of the financial statements and calculate the following ratios: 1.Return on investments 2.Earnings per Share 3.debt ratio 4. Inventory turnover 5. Current ratio
Make use of the financial statements and calculate the following ratios: 1.Return on investments 2.Earnings per Share 3.debt ratio 4. Inventory turnover 5. Current ratio
Statement of inanclal performance for the wearended 29/02/2020 Sales turnover COS Gross Profit Fixed expenses (including interest) Net Profit before tax 250 000 115 000 135 000 201000 65 OTTO Additional Information: interest paid = N$ 5000 ) tax rate = 33% opening stock inventory = N$ 18000 SOSof sales are on credit all purchases are on credit vil number of ordinary shares = 34 ono vil market price of shares = N$ 3.20 vii) the amount declared for dividends is N$15000 ix) one year 360 days Statement of the financial position as at 29 February 2020 150 Ordinary Share Capital Betained earnings 8.55 on term loan Current liabilities: trade creators 250 000 0 Fixed assets Current : Stockinventory 4 etitors bonaStep by Step Solution
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