information:

Q4 (a) answer which context in the question

question:

Appendix 1: BSJ's Financial information Summary of statement of financial position for BSJ Ltd as at 30 April 2019 Sm 50 Non-current assets Current assets 100 Total assets 150 40 60 100 Current liabilities Non-current liabilities (bank loans) Total liabilities Net assets Share capital (10m shares issued) Reserves 50 10 40 Summary of income statement for BSJ Ltd for year ended 30 April 2019 Sm 800 500 Revenue Cost of sales Gross profit Expenses Operating profit 300 290 10 846):) Gearing Ratio Non-current liabilities 100 capital Employed box 100/70 2 85.7%. 2 Marks 12 Refer to your answer to Q4(a) and any other information. Recommend whether BSJ's shareholders should accept the takeover offer from Gonfo. Justify your recommendation