Question 1 - DSS PTY LTD

You are working as management accountant in DSS PTY LTD and have been asked to prepare report on financial position of the company for which you need to calculate the following ratios and briefly describe the financial position of the company in your report. There current financial statements have been provided in appendix under the document 'Financial Statements - DSS Pty Ltd'.

1.Current ratio

2.Quick ratio

3.Inventory turnover ratio

4.Fixed assets turnover ratio

5.Debt equity ratio

6.Return on assets ratio

7.Return on equity ratio

8.Price earnings ratio