Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question LLK is a manufacturer of plastic pipes for the construction industry based in T-Land, where the local currency is the T$. As finance manager,

image text in transcribed

Question LLK is a manufacturer of plastic pipes for the construction industry based in T-Land, where the local currency is the T$. As finance manager, you are reviewing LLK's cash position with a view to updating the senior leadership team's monthly briefing papers. You have compiled the following information: TS000 1.200 150 45 210 100 Financial extracts: Profit before tax Depreciation Gain on sale of property, plant and equipment Interest costs Increase in trade receivables Increase in inventories Increase in payables Current assets Non-current assets Current liabilities Non-current liabilities 240 300 1,000 3,000 750 1,000 Calculate LLK's return on capital to cash generated from operations. Give your answer to two decimal places. Do not include symbols, commas or letters in your response. Question LLK is a manufacturer of plastic pipes for the construction industry based in T-Land, where the local currency is the T$. As finance manager, you are reviewing LLK's cash position with a view to updating the senior leadership team's monthly briefing papers. You have compiled the following information: TS000 1.200 150 45 210 100 Financial extracts: Profit before tax Depreciation Gain on sale of property, plant and equipment Interest costs Increase in trade receivables Increase in inventories Increase in payables Current assets Non-current assets Current liabilities Non-current liabilities 240 300 1,000 3,000 750 1,000 Calculate LLK's return on capital to cash generated from operations. Give your answer to two decimal places. Do not include symbols, commas or letters in your response

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

Accounting An Introduction

Authors: Eddie McLaney, Peter Atrill

3rd Edition

0273688227, 978-0273688228

More Books

Students also viewed these Accounting questions

Question

What are some limitations of using the direct write-off method?

Answered: 1 week ago