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QUESTION 4 120 Marks) JPT (PTY) LTD is a listed company which has produced the following financial statements for the year ended 30 June 2019

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QUESTION 4 120 Marks) JPT (PTY) LTD is a listed company which has produced the following financial statements for the year ended 30 June 2019 R000 30.000 -18,000 4.000 Statement of Comprehensive Income Sales Operating costs Depreciation Earnings before interest and tax (EBIT) Interest Earnings before tax Taxation 8,000 -3.000 5.000 -1,500 Net Income 3,500 Statement of Financial Position Networking capital Net fixed assets Invested capital R000 35,000 28,000 63,000 Equity Long term debt Equity and long term debt 35,000 28,000 63,000 4.1 Analyse the financial statements above and calculate the following ratlos: [Round off all final answers to two decimal places] a) Debt-Equity Ratio b) Interest-cover (times interest earned) ratio c) Net Profit Margin d) Return on Equity (3)

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