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(Total 16 marks) Question 6 The following information has been extracted from the financial statements of Dowsett Ltd: 2018 2019 1480 720 584 Revenue Cost
(Total 16 marks) Question 6 The following information has been extracted from the financial statements of Dowsett Ltd: 2018 2019 1480 720 584 Revenue Cost of Sales Expenses Interest Tax Inventory Accounts Receivable Accounts Payable Long Term Debt Long Term Assets Equity 1270 626 512 12 60 90 130 26 120 280 430 12 80 164 188 102 120 470 544 Required: (a) For both years (2018 and 2019), calculate 6 ratios for Dowsett Ltd based purely on the information given above and identify the category into which each of those 6 ratios normally resides. (11 marks) (b) Identify 5 recognised users of financial statement information and the type of information they require. (5 marks) (Total 16 marks)
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