Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

REQUIRED Study the information provided below and prepare the Cash Flow Statement for the year ended 31 December 2022. INFORMATION The following information was extracted

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

REQUIRED Study the information provided below and prepare the Cash Flow Statement for the year ended 31 December 2022. INFORMATION The following information was extracted from the records of Yuaan Limited: Additional information 320000 shares were in issue at the end of 2021. 60000 new shares were issued on the first day of the 2022 financial year. Interim and final dividends for the year ended 31 December 2022 amounted to R266 000 . Vehicles were sold at carrying (book) value during the year for R288 000. Equipment was purchased at the end of the financial year. All purchases of trading inventory are on credit. Trade and other payables comprise accounts payable only. ANSWER AS PER THE BELOW: REQUIRED Use the information provided in Question 4 to answer the following questions. 5.1 Calculate the following ratios for 2022 only. Express the answers to two decimal places. 5.1.1 Profit margin Answer as per below: 5.1.2 Inventory turnover ANSWER AS PER BELOW: 5.1.4 Earnings per share ANSWER AS PER BELOW: 5.1.5 Creditors payment period ANSWER AS PER BELOW: 5.1.6 Current ratio 5.1.4 Earnings per share ANSWER AS PER BELOW: 5.1.5 Creditors payment pe ANSWER AS PER BELOW: 5.1.7 Debt to equity Comment brieflv but meaninafullv on the followina ratios: Answer as per below

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Advanced Accounting

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

10th edition

0-07-794127-6, 978-0-07-79412, 978-0077431808

Students also viewed these Accounting questions

Question

c. What is the persons contact information?

Answered: 1 week ago