Question
The following information shown in the table below relates to Maxi Pty Ltd for the years ending 30 June 20X7 and 30 June 20X8: Accounts
The following information shown in the table below relates to Maxi Pty Ltd for the years ending 30 June 20X7 and 30 June 20X8: Accounts Year 20X8 $ Year 20X7 $ Total current assets 2,820,000 2,570,000 Total Non-current assets 2,700,000 2,400,000 Total current liabilities 1,770,000 1,350,000 Total non-current liabilities 990,000 1,000,000 Owners equity 2,760,000 2,600,000 Annual sales Net profit (after tax) 6,100,000 732,000 3,154,350 475,200 HC1010 Accounting for Business Tutorial Questions Assignment 5 Question 5 Required: a) Calculate the following financial ratios for Maxi Pty Ltd for the year ending 30 June 20X8 Net Profit Margin Asset Turnover Debt to Asset Ratio Current Ratio b) In your own words, discuss three (3) limitations of ratio analysis as an analytical too
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