Please Calculate and interpret the following ratiosActivity: Inventory Turnover , Receivables Turnover, Payables Turnover Profitability: ROCE, Gross Profit Margin, E/P Statement of financial positionNote20152014ROROASSETSNon-current assetsProperty, plant and equipment57,641,5899,992,765Current assets3,351,9611,990,4402,90843,5405,388,8493,971,0781,858,7233,48669,1045,902,391InventoriesAccounts and other receivables7Bank balances and cash8Asset held for saleTotal current assetsTotal assets13,030,43815,895,156EQUITY AND LIABILITIESEquityShare capitalLegal reserveRetained earningsTotal equity4,202,3301,273,3054,665,35910,140,994144,202,3301,273,3056,287,97011,763,60515LIABILITIESNon-current liabilitiesEmployees' end of service benefitsDeferred taxationTotal non-current liabilities19 b)22258,511132,792391,303229,065408,583637,648Current liabilitiesTerm loansBank borrowingsAccounts and other payablesТахationTotal current liabilities750,0001,249,2651,457,76236,8763,493,9031112775,0701,665,85457,2172,498,1411022Total liabilities2,889,4444,131,551Total equity and liabilities13,030,43815,895,156Net assets per share23 b)0.2410.280 Statement of comprehensive incomeNote20152014ROROINCOME4 k)16Sales9,827,431(7,213,108)2,614,3239,427,290(7,015,280)2,412,010Cost of sales – excluding depreciationDirect depreciation- Normal5 a)5 a)(1,360,191)(1,746,530)(3,106,721)(1,020,823)(660,640)(1,681,463)- AcceleratedGross (loss) / profit(492,398)730,547Other income17168,758(323,640)518,6441,249,191EXPENSESDepreciation5 а)(44,792)(655,096)(758,655)(36,423)(628,983)(589,712)(12,427)(1,267,545)General and administration18Selling and distributionLoss due to fire20(1,458,543)Loss from operations(1,782,183)(18,354)Finance costs21(71,460)(92,766)Loss for the year before taxation(1,853,643)(111,120)Taxation22231,03246,099Loss and total comprehensive income for the year(1,622,611)(65,021)Loss per share23 а)(0.039)(0.002)

Ratio analysis refer to the evaluation of financial ration in order to get idea about profitability,…

Answered: Please Calculate and interpret the…

Please Calculate and interpret the following ratios Activity: Inventory Turnover , Receivables Turnover, Payables Turnover Profitability: ROCE, Gross Profit Margin, E/P

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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