Calculate the following ratios for 2021 and in each case state whether there has been an...
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Calculate the following ratios for 2021 and in each case state whether there has been an improvement or deterioration in the ratio. Express the answers to the ratios to two decimal places. The ratios for 2020 are provided in brackets. Operating profit margin (2020: 12.49%) Trade receivables average number of days (2020: 89.65 days) Return on capital employed (2020: 13.97%) Current ratio (2020: 1.48:1) Acid test ratio (2020: 0.98:1) Interest cover ratio (2020: 4.31 times) Inventory average number of days (2020: 75.32 days) 13 (3 marks) (3 marks) (3 marks) (3 marks) (3 marks) (2 marks) (3 marks) Calculate the following ratios for 2021 and in each case state whether there has been an improvement or deterioration in the ratio. Express the answers to the ratios to two decimal places. The ratios for 2020 are provided in brackets. Operating profit margin (2020: 12.49%) Trade receivables average number of days (2020: 89.65 days) Return on capital employed (2020: 13.97%) Current ratio (2020: 1.48:1) Acid test ratio (2020: 0.98:1) Interest cover ratio (2020: 4.31 times) Inventory average number of days (2020: 75.32 days) 13 (3 marks) (3 marks) (3 marks) (3 marks) (3 marks) (2 marks) (3 marks)
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Related Book For
Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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