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The following information has been extracted from the financial statements of Central ILtd 2022 2021 Nat yet answered Marked out of 10.00 Cash at bank

image text in transcribedThe following information has been extracted from the financial statements of Central ILtd 2022 2021 Nat yet answered Marked out of 10.00 Cash at bank Receivables $140.100 72,600 182.000 1136.200 73.900 166.800 P Flag reniones question 4,200 Prepaid expenses Property, plant and equipment 300.000 178.200 6.300 258.700 160,500 Current liabilities Revenue (sales on credit) 950.600 902,900 570.700 532.800 Cost of sales Required: A. Calculate the following ratios for 2022 to one decimal place: (1) current ratio (2) quick ratio (3) receivables turnover ratio (4) average collection period of accounts receivable (5) inventory turnover ratio (6) average days in inventory. (6 marks) B. Analyse Centrale's liquidity. (2 marks) C. Discuss the general limitations of financial statement analysis. (2 marks)

Required: A. Calculate the following ratios for 2022 to one decimal place: (1) current ratio (2) quick ratio (3) receivables tumover ratio (4) average collection period of accounts receivable (5) inventory turnover ratio (6) average days in inventory. (6 marks) B. Analyse Centrale's liquidity. (2 marks) C. Discuss the general limitations of financial statement analysis. (2 marks) (Please type your answer in the text box provided or attach your answer files below.)

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