JB Hi-Fi Ltds 2018 statement of financial position provides the following data. In 2018, JB Hi Fi
Question:
JB Hi-Fi Ltd’s 2018 statement of financial position provides the following data.
In 2018, JB Hi Fi Ltd earned record revenue (increased by 35.3 per cent) and the EPS (earnings per share) increased by 31.5 per cent. JB Hi-Fi Ltd’s profit after tax was $233.2 million in 2018 and $172.4 million in 2017.
Required
(a) Comment on JB Hi-Fi Ltd’s profitability and liquidity situation.
(b) Analyse and comment on JB Hi-Fi Ltd’s financing structure in the 2017–18 period.
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a During 2018 JB HiFi Ltd continued to be profitable Its revenue had increased by 353 per cent and t...View the full answer
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Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver, David Bond
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