Your parents are considering investing in David Jones Ltd (DJS) shares. They ask you, an accounting expert, to make an analysis of the entity for them. An extract from the five-year summary included in David Jones Ltd 2013 annual report is presented below. All figures are in thousands. DAVID JONES LTD Flve-year summary 2009-2013 2009 S1 985 490 786 146 84 377 41 274 225 651 56 522 124 674 439 832 684 842 31.5 28 2010 2012 $1 867 81)7 699 830 04 995 49 418 54 413 101 103 1 240 897 465 193 775 704 2011 2013 S1 845 012 706 144 99 532 49 466 148 998 101 554 1 237 785 436 689 801 096 19.2 17 $1 961 744 767 269 99 003 47 707 246 710 168 139 1 214 550 429 070 785 480 $2 053 087 815 729 204 798 44 379 249 177 170 766 194 921 450 683 744 238 34 30 Gross profit Financial services- EBIT Total EBIT Profit after tax Total assets Total liabilities Total equity earnings per share (cents) Dividends per share (cents 17.5 Required a. Prepare a 5-year trend (horizontal) analysis of sales, gross proft, department store EBIT, financial scrvices EBIT and profit after tax using 2009 as the base year Comment on the significance of the trend results. b. Calculate the following for 2013 and 2012 1. Debt to total assets ratio 2. Profit margin 3. Asset turnover 4. Return on shareholders' equity 5. Dividend payout. How would you evaluate David Jones Ltd's profitability, solvency and investment potential? What other information may be useful in making a decision about investing in David Jones Ltd (DJS) shares? c. d