The following data relates to a Joven Berhad:    £000  £000  £000 Year ended 31 May  2016  2017  2018 Sales (all on credit)  130  155  180 Cost of sales  70  80  90 Expenses  45  55  60 Provision for tax  5  10  12 £1 ordinary shares in issue  100,000  100,000  100,000 Share price  £1.40  £1.50  £1.60 TASKS  a) For EACH of the three years calculate the following ratios:   i The gross profit percentage  ii The net profit after tax percentage   iii The expenses to sales percentage   iv The Earning Per Share  v The Price Earning ratio    b) Discuss briefly the trends revealed by the above ratios.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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The following data relates to a Joven Berhad: 

 

£000 

£000 

£000

Year ended 31 May 

2016 

2017 

2018

Sales (all on credit) 

130 

155 

180

Cost of sales 

70 

80 

90

Expenses 

45 

55 

60

Provision for tax 

10 

12

£1 ordinary shares in issue 

100,000 

100,000 

100,000

Share price 

£1.40 

£1.50 

£1.60



TASKS 

  1. a) For EACH of the three years calculate the following ratios:  

i The gross profit percentage 

ii The net profit after tax percentage  

iii The expenses to sales percentage  

iv The Earning Per Share 

v The Price Earning ratio 

 

  1. b) Discuss briefly the trends revealed by the above ratios. 
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ii The net profit after tax percentage  

iv The Earning Per Share 

v The Price Earning ratio 

 

  1. b) Discuss briefly the trends revealed by the above ratios. 
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