Statement $of$ financial Position $asat31st$ December $2022$ Statement of Financial Position as at ${31}^{st}$ December

Statement of Profit or Loss for the year ended

Property, Plant and Equipment $(Book$ Value$)-850,000$

Software $-0$

Inventories $-350,000$

Trade Receivables $-192,500$

Cash and Cash Equivalents $-50,000$

Total $-1,442,500$

Ordinary Share Capital $(1$ nominal value$)-700,000$

Share Premium $-100,000$

Revaluation Reserve $-200,000$

Retained Earnings $-186,000$

Loan $-0$

Trade Payables $-206,500$

Other Payables $-50,000$

Total $-1,442,500$

Statement $of$ financial Position $asat31st$ December $(2023)$

Property, Plant and Equipment $(Book$ Value$)-1,080,000$

Software $-580,000$

Inventories $-283,385$

Trade Receivables $-26,250$

Cash and Cash Equivalents $-402,811$

Total $-2,372,446$

Ordinary Share Capital $(1$ nominal value$)-750,000$

Share Premium $-150,000$

Revaluation Reserve $-200,000$

Retained Earnings $-1,010,671$

Loan $-150,000$

Trade Payables $-107,275$

Other Payables $-4,500$

Total $-2,372,446$

Statement $of$ Profit $or$ Loss for the year ended $2022$

Sales $-2,700,000$

Cost $of$ Sales $-1,285,714$

Gross Profit $-1,414,286$

Expenses $-875,000$

Net Profit for the year $-539,286$

Statement $of$ Profit $or$ Loss for the year ended $2023$

Sales $-4,050,000$

Cost $of$ Sales $-2,131,579$

Gross Profit $-1,918,421$

Expenses $-1,093,750$

Net Profit for the year $-824,671$

Using this information prepare a report highlighting and analyzing the expected performance comparing the financial results $of$ Blue Oyster $Ltd$ for the years ended $31st$ December $2022$ and $2023$ using the following accounting ratios:

$a.$ Profitability $(ROCE,$ Gross Profit Margin and Net Profit Margin$)$

$b.$ Liquidity $(Current$ Ratio and Acid Test Ratio$)$

$c.$ Efficiency $(Debtors$ Collection Period and Creditors$$ Payment Period$)$

$d.$ Financial Structure $(Gearing$ Ratio$).$