Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

SOLVENCY comment on CAPITAL GEARING: LONG TERM DEBT/EQUITY+LONG TERM DEBT*100 2020: (501.0)/ 1680+(501.0)*100= 42.4% 2019: (497.7)/962.8+(497.7)*100= 107% DEBT / EQUITY: LONG TERM DEBT+SHORT TERM DEBT/EQUITY*100

SOLVENCY comment on

CAPITAL GEARING: LONG TERM DEBT/EQUITY+LONG TERM DEBT*100 2020: (501.0)/ 1680+(501.0)*100= 42.4% 2019: (497.7)/962.8+(497.7)*100= 107% DEBT / EQUITY: LONG TERM DEBT+SHORT TERM DEBT/EQUITY*100 2020: (501.0) +(85.0)/1680*100=35% 2019: (497.7)+0/962.8*100= 51.6% INTEREST COVER: PBIT/INT PAID 2020:95.3/(38.0)=2.5 times 2019:4.5/(32.0)=0.14 times LONG TERM ASSET TURNOVER: SALES/NON CURRENT ASSETS 2020:847.1/2693.9=0.31 times 2019:824.3/2036.2=0.40 times INVENTORIES TURNOVER: COS/INVENTORIES 2020: (549.6)/68.0= (8.08) 2019: (542.6)/77.8= (6.97)

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

Essential Mathematics For Economic Analysis

Authors: Knut Sydsaeter, Peter Hammond, Arne Strom

4th Edition

0273760688, 9780273760689

More Books

Students also viewed these Finance questions

Question

What are the values and risks of self-disclosing communication?

Answered: 1 week ago