The income statement and the balance sheet for Roarders Bookshop are presented below. a. Calculate the following:
Question:
a. Calculate the following:
(i) The current ratio
(ii) the return on assets (use year-end figures)
(iii) The return on shareholders' funds (owner's equity; use year-end figures)
(iv) The debt to equity ratio
b. Prepare a presentation on the financial analysis conducted, commenting on the performance and position of Roarders Bookshop.
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Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730302414
4th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
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