Calculate the ratios for 2022 only that reflect the following. Express the answers to two decimal places.
Question:
Calculate the ratios for 2022 only that reflect the following.
Express the answers to two decimal places.
2.1.1 The amount of the net income generated as a percentage of the revenue. (2 marks)
2.1.2 A measure the company's ability to pay its short-term obligations using all the assets that can be converted into cash within a year. (2 marks)
2.1.3 The amount of time taken by the company to collect the trade debts. (2 marks)
2.1.4 The time during which trade payables remain outstanding. (2 marks)
2.1.5 A measure of the efficiency of the company's net assets in generating revenue. (2 marks)
2.2
REQUIRED
Answer the following questions based on the ratios provided by Creole Limited below:
2.2.1
Comment on the following ratios:
? Debt to assets
? Interest coverage
? Gross margin (Gross profit margin)
? Earnings per share
Accounting What the Numbers Mean
ISBN: 978-0073527062
9th Edition
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,