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Question 4 The following summary of the 2020 financial statements for Larrousse has been provided for you to calculate ratios. Items 29,500 18,500 199,400 95,000

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Question 4 The following summary of the 2020 financial statements for Larrousse has been provided for you to calculate ratios. Items 29,500 18,500 199,400 95,000 362,700 385,000 Closing Inventory Opening Inventory Net Profit Expenses Capital Employed Sales Cost of Goods Sold Accounts Receivable Fixed Assets Accounts Payable Drawings Current Liabilities Current Assets 90,600 21,000 320,000 15,400 6,050 15,400 58,100 Bank 7,600 Gross Profit 294,400 Purchases 101,600 You must give your answers rounded to 2 decimal places 4.1) What is the Return on Capital Employed? 4.2) What is the Gross Profit Margin? 4.3) What is the Net Profit Margin? 4.4) The current ratio is 2:1. What is ? 4.5) The Acid Test Ratio is y: 1. What is y? 4.6) What is the Stock Turnover Ratio? 4.7) What is the Accounts Receivable Days? 4.8) What is the Accounts Payable Days

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