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. Mthembu Limited statement of profit or loss and other comprehensive income for the period ended 3 1 December 2 0 times 2 .

. Mthembu Limited statement of profit or loss and other comprehensive income for the period ended 31 December 20\times 2.20\times 2
R^'00020\times 1
R^'000
Revenue
Cost of sales 6633
(3655)5960
(3125)
Gross profit
Operating costs
Distribution costs
Administrative expenses
Other expenses 2978
(1506)
(650)
(205)
(156)2835
(1206)
(539)
(246)
(78)
Net operating profit/(loss)
Interest and other income 461
55
Earnings before interest and tax (EBIT)
Interest expense 516
(335)802
(265)
Profit before tax
Income tax expense 181
(54)537
(161)
Net profit ,127376
Mthembu Limited statement of financial position as at 31 December 20\times 2 Mthembu Limited has 5 million authorised shares. They have issued 1000000 shares. Required: Calculate the following ratios for year ended 31 December 20x2:3.1 Gross profit margin. (5)3.2 Return on equity (ROE).(5)3.3 Asset turnover. (5)3.4 Current ratio. (5)3.5 Inventory turnover ratio. (5)

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