11. Based on the financial statements given in Table 1 and 2 above, calculate the efficiency ratios,
Fantastic news! We've Found the answer you've been seeking!
Question:
11. Based on the financial statements given in Table 1 and 2 above, calculate the efficiency ratios, liquidity ratios, leverage ratios, and profitability ratios for CDE Sdn. Bhd. in 2019. Where data is available, also the calculate ratios for 2018. Use a 360-day year. All sales are on credit to business customers. Assume an income tax rate of 30 percent.
12. Analyse the financial health of CDE Sdn. Bhd. using the ratios calculated in 11.
Related Book For
Financial Accounting an introduction to concepts, methods and uses
ISBN: 978-0324789003
13th Edition
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
Posted Date: