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Required: (a) Calculate the following ratios for BOTH years. Round your answers to ONE decimal place with correct unit. Gross profit margin (4 marks) Net
Required:
(a) Calculate the following ratios for BOTH years. Round your answers to ONE decimal place with correct unit.
Gross profit margin (4 marks)
Net profit margin (4 marks)
Return on equity capital employed (Based on closing equity capital)
(4 marks)
(iv) Assets turnover (on closing equity capital employed) (4 marks)
(b) Based on calculations above, comment on the profitability for Forever City Bhd over the years. (9 marks)
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