Question: Question 14 You will need to use excel to answer this question and then upload your file. Please ensure that you leave yourself enough time

Question 14 You will need to use excel to answer this question and then upload your file. Please ensure that you leave yourself enough time to upload your file responses. It is recommended that you upload your file as you complete the response to the question. Off Road Camping owns and controls two camping supplies businesses, 0z Camping Supplies and Glamping Australia. Both businesses are independently operated. The following information has been collected for each business: 0z Camping Supplies Glamping Australia Sales revenue 1,780,000 1,690,000 Costof sales 962,000 775,000 Gross profit 818,000 915,000 Less other expenses 230,000 225,000 Profit 588,000 690,000 Cash at Bank 400,000 550,000 Other Current assets 345,000 650,000 Total Assets 2,160,000 2,075,000 Current liabilities 495,000 545,000 Total Liabilities 1,010,000 1,175,000 1. Calculate the gross profit ratio, profit ratio, current ratio and debt to equity ratio for both companies. (2 marks) 2. Comment an the performance of each business. Your comments ars tainclude 2 comparison between sach businesses' performance. (4 marks) b. 0z Camping Supplies and Blamping Australia both need to upgrade computer software programs for handling online orders at a cost of $350,000. Should this be financed by borrowing from 2 bank or using internal funds? Analyse the effect of the ferent options and make = recommendation for each business. {4 marks)
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