Calculate the following ratios to two decimal places using the information below. On 1st March 2014$ Inventory
Fantastic news! We've Found the answer you've been seeking!
Question:
Calculate the following ratios to two decimal places using the information below.
On 1st March 2014$
Inventory 9 800
For the year ended 28th February 2015
Revenue (Sales)250 000
Purchases190 300
Expenses 27 500
On 28th February 2015
Inventory 10 100
Total current assets33 200
Total current liabilities 19 200
Total non-current assets202 000
i need answer for the below:
1- Gross profit to sales
2-Net profit to sales
3- Rate of inventory turnover
4- Current ratio
5- Quick Ratio
Posted Date: