Turnover Gross Profit Extracts from Julie's accounts are shown below Ye-Dec-24 Ye-Dec-23 18,500 16,000 Expenses 4,500 4,000 Less Interest Operating Profit 2,400 1,500 3,000 1,600 Less Taxation 500 700 200 Profit for Year 400 1,900 900 Non-current assets Inventory 19,600 16,400 Trade Receivables Cash at Bank 840 2,790 640 1,890 Total Assets Trade Payables Taxation Net assets Shareholder funds Debentures (2030) Notes Annual depreciation charges were £3,000. No asset disposals arose during the year. No dividends were paid during the year. Required: a) Prepare Julie's indirect cashflow statement for Ye-Dec-24. b) Calculate for Ye-Dec-24:- 1) Gross Profit Margin 2) Operating Profit Margin 3) Return to shareholders 4) Return to debtholders 450 350 23,680 19,280 830 570 340 460 22,510 18,250 15,510 13,250 7,000 5,000 22,510 18,250

Accounts Receivable Analysis The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2/10, n/45. 20Y3 20Υ2 20Υ1 Accounts receivable, end of year $175,000 $190,000 $204,200 Sales on account 1,003,750 985,500 a. For 20Y2 and 20Y3, determine (1) the accounts receivable turnover and (2) the number of days' sales in receivables. Round answers to one decimal place. Assume a 365-day year. 20Υ3 20Υ2 1. Accounts receivable turnover 2. Number of days' sales in receivables days days b. The collection of accounts receivable has improved v This can be seen in both the increase v in accounts receivable turnover and the decrease in the collection period. Feedback Check My Work a.1. Divide net sales by average accounts receivable. Average Accounts receivable = (Beginning Accounts Receivable + Ending Accounts Receivable) ÷ 2. a.2. Divide average accounts receivable by average daily sales on account. Average Accounts receivable = (Beginning Accounts Receivable +…

Based on this financial data, calculate the Savings Ratio. $7470 Net Worth Liquid Assets $ 4610 Monthly Credit Payments $720 Monthly Savings $ 640 Gross Income Make sure to include zeros and round your answer to 2 decimal places. i.e. 3.55, 1.89, 1.02, 0.09, etc. Do not include a comma or"$" sign in your response. Liabilities Current Liabilities Take-home Pay $ 77300 $2000 $ 3150 $ 4890

Accounts Receivable Analysis The following data are taken from the financial statements of Basinger Inc. Terms of all sales are 2/10, n/45. 20Υ3 20Υ2 20Y1 Accounts receivable, end of year $106,000 $113,000 $120,600 Sales on account 689,850 665,760 a. For 20Y2 and 20Y3, determine (1) the accounts receivable turnover and (2) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year. 20Y3 20Y2 1. Accounts receivable turnover 2. Number of days' sales in receivables days days b. The collection of accounts receivable has This can be seen in both the in accounts receivable turnover and the in the collection period.