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Pharoah NV's comparative statements of financial position data are presented below. Pharoah NV Statements of Financial Position December 31 2020 2019 Land 22,400 29.120 78.400
Pharoah NV's comparative statements of financial position data are presented below. Pharoah NV Statements of Financial Position December 31 2020 2019 Land 22,400 29.120 78.400 78,400 (16,800) (11.200) Buildings Accumulated depreciation-buildings Inventory Accounts receivable 11.200 7,840 24,640 26.880 Cash 4,816 4,144 Total assets 124.656 135.184 80,640 77.280 27.216 23,072 Share capital-ordinary Retained earnings Accounts payable Total equity and liabilities 16,800 34.832 124.656 135.184 Pharoah's 2020 income statement included net sales of 108,000, cost of goods sold of 65,178, and net income of 15,120. Compute the following ratios for 2020. (Round profit margin to decimal places, eg. 16 or 16%. Round all other answers to 2 decimal places, eg. 1.67.) a. Current ratio .1 b. Acid-test ratio -1 Accounts receivable turnover times d. Inventory turnover times e. Profit margin 96 f. Asset turnover times Return on assets 96 h. Return on ordinary shareholders equity %6 i. Debt to assets ratio 96
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