Question: Noom Moon Plc All values in AED Millions Income statement for the year ended 31st Dec 2022 2020 2021 2022 Turnover 786 841 900 Cost
Noom Moon Plc All values in AED Millions Income statement for the year ended 31st Dec 2022
| 2020 | 2021 | 2022 | |
| Turnover | 786 | 841 | 900 |
| Cost of Sales | 503 | 563 | 630 |
| Gross Profit | 283 | 278 | 270 |
| Admin Costs | 109 | 122 | 137 |
| Net Profit | 174 | 156 | 133 |
| Dividends | 50 | 80 | 80 |
| Retained Earnings | 124 | 76 | 53 |
Statement of Financial Position as at 31st Dec 2022
| 2020 | 2021 | 2022 | |
| Non-Current Assets | 477 | 832 | 890 |
| Current Assets | 262 | 281 | 300 |
| Total Assets | 739 | 1,113 | 1,190 |
| Current Liabilities | 154 | 192 | 93 |
| Non-Current Liabilities | 100 | 412 | 412 |
| Ordinary Shares | 350 | 350 | 350 |
| Retained Profits | 135 | 259 | 335 |
| 739 | 1,113 | 1,190 |
Sector average ratios: Return on capital employed 18%
Net profit margin 22%
Current ratio 1.3 Times
Debt/equity ratio (book value basis) 45%
Return on equity 18%
1.1 Calculate the following ratios for Madeira Plc: CLO 3 Receivable Days
Payable Days
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