Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

pleass help me . gearing efficiency Table 2 16 Jupiter Services financial ratios Ct Return on (shareholders') investment (ROI) net profit after tax shareholders' funds

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

pleass help me

. gearing efficiency Table 2 16 Jupiter Services financial ratios Ct Return on (shareholders') investment (ROI) net profit after tax shareholders' funds Return on capital employed (ROCE) net profit before interest and tax shareholders' funds + long-term debt 2 Net profit/sales net profit before interest and tax sales Working capital current assets current liabilities Gearing ratio shareholders' funds + long-term debt Interest cover profit before interest and tax long-term debt interest payable Days' sales outstanding Receivables average daily sales Asset turnover Sales total assets The tnancial statements of Cody Productions Ltd are shown below: 7 Income Statement for the year ended 31st December In EMill Turnover Cost of sales Gross profit Selling & administrative costs Operating profit 2008 141.1 -58.9 82.2 -55.0 27.2 -6.1 2007 138.4 -54.9 83.5 -54.0 29.5 7.5 Interest payable 22.0 -5.7 Profit before tax 21.1 Tax on profit Profit after tax Dividends 2.3 16.3 13.8 -8.0 5.8 -8.0 Retained profit 8.3 Balance Sheet as at 31t December In EMill 2008 2007 Non-current assets Tangible assets 266.7 265.3 Current assets Inventory Trade Receivables 5.8 20.9 5.3 15.7 2.4 4.9 28.3 295.0 2.0 6.3 35.0 300.3 Other Receivables& Prepayments Bank Total Assets Tangible assets 5.8 20.9 2.0 Curreat assets 5.3 15.7 2.4 4.9 28.3 295.02 Inventory Trade Receivables Other Receivables &Prepayments Bank 35.0 300.3 Total Assets Non-current liabilities Loans falling due after one year 96.7 146.1 Current liabilities Trade payables Total liabilities 7.6 173.7 163.5 Net assets 131.5 126.6 Equity Capital and reserves Share capital Retained profits 81.9 49.6 131.5 82.8 43.8 Shareholders' funds 126.6 Calculate the following ratios: o Return on investment (ROI) o Return on capital employed (ROCE) o Operating margin o Gross margin o Sales growth o Working capital to sales o Gearing o Asset turnover

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Monthly Bank Reconciliation Statement Log

Authors: Elizabeth S.R.M. Cole

1st Edition

1541036824, 978-1541036826

More Books

Students also viewed these Accounting questions

Question

How should Grace evaluate the team's performance?

Answered: 1 week ago

Question

=+c) What is/are the response(s)?

Answered: 1 week ago

Question

is particularly relevant to these issues.)

Answered: 1 week ago