The condense Statement of Comprehensive income, Statement of Financial Position and other financial information for Cappy Stores
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Question:
The condense Statement of Comprehensive income, Statement of Financial Position and other financial information for Cappy Stores appear below. REQUIRED Calculate the following ratios. Where applicable, round off answers to two decimal places.
2.1.1 Profit margin 2.1.2 Debtor collection period 2.1.3 Creditor payment period 2.1.4 Inventory turnover 2.1.5 Return on own capital 2.1.6 Acid test ratio
INFORMATION Cappy Stores Statement of comprehensive income for the year ended 31 December 2023
Related Book For
Intermediate Accounting
ISBN: 978-0470161012
9th Canadian Edition, Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
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