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Use the information provided to answer the following questions: Calculate the following ratios for 2022 only. Express the answers to two decimal places Profit margin
Use the information provided to answer the following questions:
Calculate the following ratios for 2022 only. Express the answers to two decimal places
- Profit margin
- Inventory turnover
- Dividends per share
- Earnings per share
- Creditors payment period
- Current ratio
- Debt to equity
Comment briefly but meaningfully on the following ratios:
Acid test ratio
2022
1.29:1
2021
0.43:1
Debtors collection period
2022
36 days
2021
30 days
Return on assets
2022
10.10%
2021
8.56%
The following information was extracted from the records of Zenith Limited
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