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Please help me answer Question 2 The following information of Aurelia Limited is given below: if i O a Limited ' ie Statements for the

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Question 2 The following information of Aurelia Limited is given below: "if "i O a Limited \"' ie Statements for the years ended: 2021 2020 $000 $000 Sales 280.000 160.000 Cost of goods sold {97.6001 (62.0001 Gross prot 182.400 98.000 Less: Operating expenses 165.000] {47.700} Net income 117.400 50.300 Aurelia Limited Statements of Financial Position 15% 2021 2020 $000 $000 Plant and Equipment at not book value 180.000 110.000 Closing Inventory 50.000 30.000 Trade receivables 45.500 23.000 Cash 21.100 13.650 Total assets 296.700 176.650 Eguity: Share Capital 80.000 80.000 Retained earnings 167.700 50,300 Total equity 247.700 130.300 Liabilities: Trade payables 48.000 45.810 Accruals 1.000 540 Total liabilities 49.000 46,350 Total liabilities and equity 296.700 176.650 Required: a. Calculate the following ratios for each of the 2 years: i. Gross Prot Margin. [4 marks] ii. Net Prot Margin. [4 marks] iii. Current Ratio [4 marks]

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