Mthembu Limited statement of profit or loss and other comprehensive income for the period ended 31 December
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Question:
Mthembu Limited statement of profit or loss and other comprehensive income for the period ended 31 December 20x2.
Mthembu Limited statement of financial position as at 31 December 20x2
Mthembu Limited has 5 million authorized shares. They have issued 1 000 000 shares.
Required:
Calculate the following ratios for year ended 31 December 20x2:
3.1 Gross profit margin. (5)
3.2 Return on equity (ROE). (5)
3.3 Asset turnover. (5)
3.4 Current ratio. (5)
3.5 Inventory turnover ratio. (5)
Related Book For
International Financial Reporting And Analysis
ISBN: 9781473766853
8th Edition
Authors: David Alexander, Ann Jorissen, Martin Hoogendoorn
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