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The following is a statement of Financial Position of a Stuart Company as at 3 1 December 2 0 2 3 : P ASSETS Non

The following is a statement of Financial Position of a Stuart Company as at

31

December

2023

ASSETS

Non

-

Current Assets

Land and Buildings

120, 000

Plant And Machinery

250, 000

Total No

-

Current Assets

370, 000

Current Assets

Stock

170, 000

Debtors

90, 000

Cash At Bank

30, 000

290, 000

Total Assets

660, 000

EQUITY & LIABILITIES

Equity

Share Capital

260, 000

Retained Earnings

20, 000

280, 000

Long Term Liabilities

20 %

Debentures

300, 000

Current Liabilities

Sundry Creditors

80, 000

Total Equity & Liabilities

660, 000

Additional Information:

Sales are P

400, 000

Cost of Sales is P

300, 000

Net Profit is P

20, 000

Each share is P

1

Calculate:

.

Gross profit margin

(3

marks

)

.

Net profit margin

(4

marks

)

.

Net working capital ratio

(3

marks

)

.

Earnings per share

(3

marks

)

It is

.

Debt to equity ratio

(3

marks

)

.

Total debt ratio

(3

marks

)

.

Accounts receivable turnover ratio

(3

marks

)

.

Accounts payable turnover ratio

(3

marks

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