The following information relates to Style Limited for the two years to 30 June 2016 and 2017,

Question:

The following information relates to Style Limited for the two years to 30 June 2016 and 2017, respectively: 


Required:

(a) Calculate the following accounting ratios for the two years 2016 and 2017:

● Gross profit

● Capital turn

● Return on capital employed

● Operating cash flow to operating profit ratio

● Current ratio

● Debt to equity ratio

● Earning per share.

(b) Comment on the company’s performance for the year to 30 June 2016 and its health.

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Related Book For  book-img-for-question

Accounting For Non-Accounting Students

ISBN: 9781292128979

9th Edition

Authors: John R. Dyson, Ellie Franklin

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