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The following key figures (in sh. Million) have been ex Ltd for the financial yoar ended 31 December 2015. Ld and Key figure MN Ltd.

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The following key figures (in sh. Million) have been ex Ltd for the financial yoar ended 31 December 2015. Ld and Key figure MN Ltd. RS Ltd. 108.6 209.8 Cash and cash equivalent Accounts reccivable Retained Earnings 1,674.7 561.7 1,396.6 563.7 3,043.4 1,145.3 6,065.5 2,294.0 12.5 o Inventories y Cost of sales 8Income taxes - 253.4 9,553.1 Revenues Net Sales Total Assets- - 3,643.6 5,397.4 1,756.1 Required: (a) Compute the common size percentages for both companies using the data provided. (b) Which company incurs a higher percent of their revenues (net sales) in income taxes? Explain (c) Which company retains a higher portion of cumulative net income in the company? Explain. (d) Which company has a higher gross margin ratio on sales? Explain. (e) Which company holds a higher percent of is total assets in inventories? Explain. [16 marks] [2 marks] 12 marks) [3 marks] 12 marks] Total: 25 marks)

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