Question
Please answer this question The following records of Schumacher (PTY) Ltd for the year ended 30 September 2020 were extracted and need analysis from you
Please answer this question
The following records of Schumacher (PTY) Ltd for the year ended 30 September 2020 were extracted and need analysis from you as Engineering students, who does parttime work. NonCurrent Assets R 2 250 000.00 Gross profit R6 950 000.00 Current Liabilities R 1 850 000.00 Net Sales R 15 000 000.00 NonCurrent Liabilities R 550 000.00 Current Assets R 3 250 000.00 Inventories R 1 250 000.00 Equity 1 200 000.00 Net profit after Tax R3 500 000.00
You are required to Calculate and discuss the following ratios:
Q.5.1 Debt Ratio. Q.5.2 Acid test Ratio. Q.5.3 Current ratio. Q.5.4 Debt equity ratio. Q.5.5 Gross Profit Margin
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