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this is one question, the second picture has the table you need to use to solve the question As at 31 December 2021, McMahon Limited's

this is one question, the second picture has the table you need to use to solve the question image text in transcribed
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As at 31 December 2021, McMahon Limited's company records show the information in the table on the next page. You are required to calculate (to 2 decimal places where appropriate) the following: (i) The value of purchases (ii) The percentage mark-up on cost (iii) Net profit margin/percentage (iv) The period of credit given to debtors. Explain the following terms and state how they apply to the balance sheet: (v) Depreciation (vi) Tangible assets (vii) Shareholders' funds (viii) Authorised share capital. Q3(d)

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