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Management Accounting & Finance 3A Question 2 The excerpts of the financial statements of Octopus Limited for the year ended 31 December 2022 are shown
Management Accounting & Finance 3A Question 2
The excerpts of the financial statements of Octopus Limited for the year ended 31 December 2022 are shown below. Octopus Limited Statement of comprehensive income for the year ended 31 December 2022 Octoous Limited Statement of financial position Using the financial statements provided above, calculate the following ratios for the 2022 financial year (show all calculations, including the analytical formula used to calculate each ratio): 2.1 Net operating profit margin (2 marks) 2.2 Return on total assets (2 marks) 2.3 Return on capital employed (2 marks) 2.4 Times interest earned (2 marks) 2.5 Capital gearing ratio (2 marks)
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