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Please help me please i will give good rating You have been given the task of assessing the financial performance of two separate companies operating

Please help me please i will give good rating

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You have been given the task of assessing the financial performance of two separate companies operating in the retail industry. The financial information for these two companies is presented as follows: Company Brady 000 325 Sales Gross profit Net profit Fixed assets (net book value) Simpson 000 380 170 96 125 60 135 200 Current assets Stock Debtors Bank 70 45 25 135 75 NIL Current liabilities Creditors Bank overdraft 55 NIL 45 40 Required (a) Calculate, for each company, the following ratios (to two decimal places). (i) Gross profit to sales (96) (i) Net profit to sales (%) (ii) Return on capital employed (%) (iv) Net asset turnover (v) Current ratio (vi) Acid test (quick) ratio (b) Compare the performance of both companies, in terms of profitability and liquidity. You must use the ratios calculated in part (a) and the financial information above to support your

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