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Section A: Compulsory question. 1. The following financial statements relate to Big Men's Togs Plc, which operates a retail clothing business: Statements of Profit &

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Section A: Compulsory question. 1. The following financial statements relate to Big Men's Togs Plc, which operates a retail clothing business: Statements of Profit \& loss for the year ended 31 March Notes: 1 The market value of the shares of the business at the end of the redortina deriods were as follows: 4 At 1 April 2020, the trade receivables and trade payables were: 5 In each of the two years the company had agreed to pay: Dividend Em 6 The business expanded its capacity during 2022 by setting up a new warehouse and distribution centre. 7 At 1 April 2020, the totals of equity and the non-current liabilities were: Required: 1. Calculate the following financial ratios for Big Men's Togs Plc for 2021 and 2022 : a. Profitability: Return on ordinary shareholders' funds Return on capital employed Gross profit margin Operating profit margin ( 8 marks) b. Liquidity and efficiency: Current Acid test Inventory turnover Debtors' collection period Creditors' payment period (10 marks)

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