Below is an extract from the annual financial statements of Bontsha Ltd (all figures in R000): You
Question:
Below is an extract from the annual financial statements of Bontsha Ltd (all figures in R’000):
You are required to:
Calculate the following ratios:
1. Gross profit %.
2. Net profit %.
3. Return on assets before interest and tax (ROABIT).
4. Current ratio.
5. Total asset turnover.
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Related Book For
Fundamental Accounting
ISBN: 9781485112112
7th Edition
Authors: David Flynn, Carolina Koornhof, Ronald Arendse, Anna C. E. Coetzee, Edwardo Muriro, Louise Christel Posthumus, Louise Mancy Smit
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