Question: QUESTION 2 ( 2 0 MARKS ) REQUIRED Calculate the appropriate ratio and provide an interpretation of your answer regarding each of the following. Note:
QUESTION MARKS REQUIRED Calculate the appropriate ratio and provide an interpretation of your answer regarding each of the following. Note: Use the formulas provided in the formula sheet only that appear after QUESTION Answers to the ratios must be expressed to two decimal places and be fully stated eg: The effectiveness of the company regarding the management of its accounts payable. marks The ability of the company to settle its shortterm debts under distress conditions. marks The percentage of the profit that has been retained by the company. marks The profitability of the company from the point of view of the shareholders. marks A measure of the efficiency with which the total assets of the company were managed. marks The effectiveness of the credit administration of the company in respect of its customers who purchase on credit. marks INFORMATION Excerpts from the financial statements of Camper Limited for the financial year ended December are as follows:
Additional information
All the purchases of inventory are on credit whilst of the sales is on credit.
Inventory on December amounted to R
Credit terms to debtors are days whilst credit terms from suppliers are days.
Interim dividends paid on June amounted to R
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