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Question 1: From the list of account balances above separate those items that are revenue and expense items. Match these together and calculate the profit
Question 1: From the list of account balances above separate those items that are revenue and expense items. Match these together and calculate the profit Question 2: List the remaining items into asset, liability and equity categories. Add the profit as calculated in question 1, to equity and complete the accounting equation Question 3: Assuming that long-term loans are the only external debt arrangement, what is the gearing ratio for Meter Marshall at balance date? Question 4: What is the return on Shareholders Funds (equity) for Meter Marshall during the 12-month period, assuming a taxation rate of 39%? Question 5: What is the stock turn ratio for the accounting period, at balance date
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