Question
Question 2 [15 MARKS] The following is Ubuntu statement of financial position for the year ended 31 December 2021 2021 2020 Assets Non-Current assets 1
Question 2 [15 MARKS] The following is Ubuntu statement of financial position for the year ended 31 December 2021 2021 2020 Assets Non-Current assets 1 146 000,00 1 254 000,00 Property plant and equipment 996 000,00 1 134 000,00 Investments 150 000,00 120 000,00 Current assets 834 000,00 975 000,00 Cash and cash equivalents 48 000,00 Inventory 480 000,00 750 000,00 Trade receivable 306 000,00 225 000,00 Total Assets 1 980 000,00 2
Required Calculated the following ratios for the year ended 31 December 2021 Debt ratio (2) Current ratio (2) Quick ratio (4) Debtors collection period (3) Creditors payment period (2) Debt to equity ratio (2
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Financial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th Edition
9781118560952, 1118560957, 978-0470239803
