Below is an extract from the annual financial statements of Bontsha Ltd (all figures in R000): You

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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  book-img-for-question

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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