Assignment 2: Ratio analysis Question The following information has been extracted from the recently published accounts of DG EXTRACTS FROM THE INCOME STATEMENTS TO 30 APRIL Ratios 20X9 $'000 11,200 8,460 465 $000 9,750 6,825 320 Cost of sales Net profit before tax 20x9 $000 360 15 20x8 $000 This is after charging 280 60 Depreciation Loan note interest Interest on bank overdraft Audit fees 12 STATEMENTS OF FINANCIAL POSITION AS AT 30 APRIL $ 000 $'000 000 $000 Assets Non-current assets Current assets Inventory Receivables Cash 1,850 1,430 640 1,230 80 490 1,080 120 1,950 3,800 1,690 3,120 Total assets Equity and liabilities Equity Ordinary share capital Retained earnings 800 1,310 800 930 2,110 1,730 Non-current liabilities 10% loan stock 800 Current liabilities Bank overdraft Payables Taxation 110 750 30 80 690 20 890 3,800 790 3,120 Total equity and liabilities