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Rejected Ltd reports the following information: $000 Total assets Profit after tax Current liabilities Non-current liabilities 1 920 65 570 830 $000 Interest revenue Interest

Rejected Ltd reports the following information:

$000

Total assets

Profit after tax

Current liabilities

Non-current liabilities

1 920

65

570

830

$000

Interest revenue

Interest expense

Tax expense

110

160

45

Current assets = 50% of total assets

From this information, calculate and interpret the following ratios (year-end figures will have to be used because the comparative year figures are not available) and prepare a report on the financial position and performance of Rejected Ltd:

a. liquidity ratio

b. return on equity

c. return on assets using:

i. profit

ii. EBIT

d. debt ratio

e. Report on the financial position and performance of Rejected Ltd

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