Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sales 5000000 Cost of sales 70% of sales Cash 225000 Accounts receivable 400000 Inventory 375000 Non-Current Assets 1500000 Accounts Payable 220000 Bank overdraft 200000 Long

Sales

5000000

Cost of sales

70% of sales

Cash

225000

Accounts receivable

400000

Inventory

375000

Non-Current Assets

1500000

Accounts Payable

220000

Bank overdraft

200000

Long term debt

800000

Total Operating Epenses

600000

Finance costs

200000

Ordinary shares issued 150 000 tax rate 30%

EPS for the year ended 30 May 2020

FLM at end of year was

Return on ordinary shareholders equity was

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

More Books

Students also viewed these Finance questions

Question

integrate experiential and scientific knowledge,

Answered: 1 week ago

Question

Develop successful mentoring programs. page 400

Answered: 1 week ago