RATIOS 8. You are a shareholder of Sherston Antiques and have just received the latest Annual Report and Accounts, and the papers for the rights issue. Examine the accounts, and then answer the following questions: Year 1 2 Sales Revenue 1,000 1,200 Cost Of Sales 500 600 Gross Profit 500 600 Other Costs 200 250 Depreciation 50 50 Profit Before Interest and Tax 250 300 Interest SO 50 Taxation 40 50 Profit 160 200 Dividends 80 80 Retained Profits 80 120 Fixed Assets Buildings Others Intangibles Currents Assets Stock Debtors Cash Current Liabilities Creditors Overdrafts 1000 4300 0 5300 200 250 100 550 100 100 200 350 5650 1000 4420 0 5420 250 250 110 610 80 120 200 410 5830 Net Current Assets Net Assets Financed By Share Capital Revaluation Reserve Retained Profits Long-Term Liabilities Loans Debentures Capital Employed Share Price 3000 500 1000 3000 500 1120 500 650 5650 1.00 1210 0 5830 1.05 RATIOS 8. You are a shareholder of Sherston Antiques and have just received the latest Annual Report and Accounts, and the papers for the rights issue. Examine the accounts, and then answer the following questions: Year 1 2 Sales Revenue 1,000 1,200 Cost Of Sales 500 600 Gross Profit 500 600 Other Costs 200 250 Depreciation 50 50 Profit Before Interest and Tax 250 300 Interest SO 50 Taxation 40 50 Profit 160 200 Dividends 80 80 Retained Profits 80 120 Fixed Assets Buildings Others Intangibles Currents Assets Stock Debtors Cash Current Liabilities Creditors Overdrafts 1000 4300 0 5300 200 250 100 550 100 100 200 350 5650 1000 4420 0 5420 250 250 110 610 80 120 200 410 5830 Net Current Assets Net Assets Financed By Share Capital Revaluation Reserve Retained Profits Long-Term Liabilities Loans Debentures Capital Employed Share Price 3000 500 1000 3000 500 1120 500 650 5650 1.00 1210 0 5830 1.05