Alpha Geek

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  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

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    Polytechnic State University
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Category > Accounting Posted 01 Jun 2017 My Price 8.00

Compare your results in (a) with those given for CD Engineering Services

(a) Calculate:

(i) gross profit as a percentage of the sales;

(ii) rate of inventory turnover;

(iii) net profit as a percentage of sales;

(iv) net profit as a percentage of total capital employed (non-current assets plus current assets);

(v) current ratio;

(vi) quick asset (acid test) ratio.

(b) The following figures are for another firm in the same line of business, CD Engineering Services Ltd, for the year ending 31 December 2016.

Compare your results in (a) with those given for CD Engineering Services Ltd. As a result of your comparison, say which you think was the more successful business during 2013, giving your reasons.

 

 

Answers

Alpha Geek
(8)
Status NEW Posted 01 Jun 2017 07:06 AM My Price 8.00

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Attachments

file 1496304831-2112764_1_636318735514025933_ratios-comparison.xlsx preview (249 words )
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