Extracts from the draft budgets of a company are listed below: RM000 Operating profit 437 Sales revenue
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Question:
Extracts from the draft budgets of a company are listed below:
RM’000
- Operating profit 43·7
- Sales revenue 910·4
- Share capital and reserves 182·3
- Long-term borrowing 77·9
- Inventory 46·2
- Receivables 97·8
- Payables 51·3
Calculate the following:
(i) Return on Capital Employed
(ii) Asset turnover
(iii) Current ratio
(iv) Acid test (quick) ratio
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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