The following data applies to a company at their year-end. (figures are in 000s of Rand)...

 

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The following data applies to a company at their year-end. (figures are in 000s of Rand) Cash Cost of Sales Fixed Assets Sales Nett Profit Quick / Acid Ratio Current Ratio Debtors Collection ROE You must establish i. ii. iii. iv. V. R R 80 400 R 327 R1 800 (two thirds of which are on credit) R 400 Gross profit margin Amount of equity Value of debtors at year end Current liabilities at year end Return on sales 2:1 3:1 60 days (2 months) 20% The following data applies to a company at their year-end. (figures are in 000s of Rand) Cash Cost of Sales Fixed Assets Sales Nett Profit Quick / Acid Ratio Current Ratio Debtors Collection ROE You must establish i. ii. iii. iv. V. R R 80 400 R 327 R1 800 (two thirds of which are on credit) R 400 Gross profit margin Amount of equity Value of debtors at year end Current liabilities at year end Return on sales 2:1 3:1 60 days (2 months) 20%