Based on the information below, calculate the following ratios for both year 2019 & year 2020: Quick ratio Total debt ratio Time interest earned Day’s sales in receivables Net profit margin Define efficiency ratios
Based on the information below, calculate the following ratios for both year 2019 & year 2020: Quick ratio Total debt ratio Time interest earned Day’s sales in receivables Net profit margin Define efficiency ratios
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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hi there tutors! im here to cure my doubts.
i hv ques to ask. please help solve. important.
fundamentals of finance
(state formula needed for each then calculate)
Required:
Based on the information below, calculate the following ratios for both year 2019 & year 2020:
- Quick ratio
- Total debt ratio
- Time interest earned
- Day’s sales in receivables
- Net profit margin
- Define efficiency ratios
dats all tutor. thank you so much!
Transcribed Image Text:Latte Sdn Bhd has the below financial statements for year 2019 and 2020:
Latte Sdn Bhd
Statement of Financial Position as at 31 December...
2020
2019
RM'000
RM'000
Assets
Property, Plant and Equipment
3,000
2,800
Inventories
Account Receivables
190
210
310
280
Cash
150
120
3,650
3,410
Equities and Liabilities
Share Capital
1,215
1,215
Long-Term Loan
1,800
1,750
Accounts Payables
635
445
3,650
3,410
Latte Sdn Bhd
Statement of Comprehensive Income for the Year Ended 31 December...
2019
2020
RM'000
RM'000
Sales (all credit)
Cost of Goods Sold
20,000
10,000
8,000
15,000
Gross Profit
5,000
3,000
2,000
1,500
Operating Expenses
Operating Income
Interest Expenses
2,000
1,000
500
300
Profit Before Tax
1,000
200
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