developments.

Question $3$

$(10)$

Use the following data to calculate the requested ratios for Tristar Transport and Logistic Services. Briefly analyse each answer.

$\backslash$table$[[$Assets$,$R$^(\text{'})000,$Liabilities and equity,R $^(\text{'})000],[$Cash$,320,$Accounts payable,$580],[$Accounts receivable,$910,$Accrues expenses,$190],[$Inventory$,690,$Notes payable $-$ bank,$480],[$Current assets,$1920,$Current maturing long$-$term debt,$95],[$Fixed assets,$1325,$Current liabilities,$1345],[,,$Long$-$term debt,$690],[,,$Equity,$1210],[$Total assets,$3245,$Total liabilities and equity,$3245]]$

$*$Prior$-$period inventory was $180$

$\begin{array}{cc}\text{I}\text{n}\text{c}\text{o}\text{m}\text{e}\text{s}\text{t}\text{a}\text{t}\text{e}\text{m}\text{e}\text{n}\text{t}& R^{\text{'}}000\\ \text{N}\text{e}\text{t}\text{s}\text{a}\text{l}\text{e}\text{s}& 9725\\ \text{C}\text{o}\text{s}\text{t}of\text{g}\text{o}\text{o}\text{d}\text{s}\text{s}\text{o}\text{l}\text{d}& 6200\\ \text{O}\text{p}\text{e}\text{r}\text{a}\text{t}\text{i}\text{n}\text{g}\text{e}\text{x}\text{p}\text{e}\text{n}\text{s}\text{e}\text{s}& 2550\\ \text{I}\text{n}\text{t}\text{e}\text{r}\text{e}\text{s}\text{t}\text{e}\text{x}\text{p}\text{e}\text{n}\text{s}\text{e}& 105\\ \text{O}\text{t}\text{h}\text{e}\text{r}\text{i}\text{n}\text{c}\text{o}\text{m}\text{e}& 5\\ \text{O}\text{t}\text{h}\text{e}\text{r}\text{e}\text{x}\text{p}\text{e}\text{n}\text{s}\text{e}\text{s}& 50\\ \text{T}\text{a}\text{x}\text{e}\text{s}& 118\\ \text{N}\text{e}\text{t}\text{i}\text{n}\text{c}\text{o}\text{m}\text{e}& 707\end{array}$

Days accounts receivable.

Inventory tumover.

Debt$/$equity$.$

Total asset turnover $($asset utilisation$).$

Finance cost$-$to$-$sales ratio.

Total $[25]$