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now GMAIL Notification QUESTION MARKS You have caulified sew Clused Financial Analyst (CEASA) ter certe ranko Standard Chandler of your friend who chical ning felett

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now GMAIL Notification QUESTION MARKS You have caulified sew Clused Financial Analyst (CEASA) ter certe ranko Standard Chandler of your friend who chical ning felett the decided w record hacked perfect and Alert nare mistreturinai lesaleeling are alienatatya irkely He applied you with the following inimic fackup de MAD-FAM Auto Parts (Pty) Ltd Statement of Financial Pesitit for the year ended 31 December 2020 ASSETS Totalcarrat Acco Call ural and animalesh Total FQUITY AND LIABILITIES Total quilty Neure les Legler Carreliable Accountable Bunkt Cum portion of long to del Total equity and is He also supplied the following additional financial statement analysis data: The current ratio was 1.60. The debt ratio was 60%. The average collection period was 40 days The gross profit margin was 25%. Inventory turnover was 6.0. There are 365 days in the year. Sales totalled R1 800 000 The total asset turnover was 1.20. YOU ARE REQUIRED TO: Assist your varsity friend by completing his business statement of financial position at 31 December 2020 by using the information supplied to you. Show all your calculation clearly for each ligure missing (I-IX). NB: You can start with any figure. 30 Marks

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