Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. additional information: i. during 2021 a total div

Additional information: i. During 2021 a total dividend of 255m was paid (2020: 242m)...

90.2K

Verified Solution

Question

Accounting

image

Additional information: i. During 2021 a total dividend of 255m was paid (2020: 242m) ii. The average share price during 2021 was 5.12 (2020: 4.00). Required:

a. Calculate the following ratios for Sweets plc for 2021 and 2020, showing the formulas and workings: 1- ROCE 2- ROE 3- Earnings per share 4- Net profit margin 5- Asset turnover 6- Stock holding days 7- Debtors collection period 8- Current ratio 9- Gearing ratio 10- Interest cover b. Using the information in the financial statements and the ratios you have calculated, comment on the financial performance and position of Sweets plc.

QUESTION 2 Sweets pic is a long-established sweets and confectionery manufacturer. All products are manufactured in the UK, bu sales are made worldwide. It is a growing but competitive market. Given below are extracts from their financial statements, Profit and Loss statement for the year ended 31st December Statement of Financial Position as at 31st December

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

Calculate the ionization constant of acetic acid: pH of 0.01 M acetic acid: 3.50 pH of 1.00...

Physics
1.2K views

An object is placed in front of a lens with focal length f1, a second lens...

Finance
1.2K views

Draft a spreadsheet showing financial history and projected performance for Nordstrom. The rows should include revenue, expenses,...

Biology
1.2K views

1 Leading scientists called for a moratorium on research on human embryos using genome editing...

Biology
1.2K views

P wild type x sepia eye se If the F2 result of the cross above...

Biology
1.2K views

Journeys From Coast to Coast ESSENTIAL 2022 GUIDE

Physics
1.2K views

A cubical block of side L and mass m rests on a rough horizontal surface...

Algebra
1.2K views

els that are the same 6x 2 2 6x 1 a Show that when x...

Accounting
1.2K views

A subsequent event is an event that occurs after a reporting period, but before the...

Accounting
1.2K views

discuss the benefits of the district assembly common fund and explain the formula for its...

Accounting
1.2K views

Kenworth Company uses a job-order costing system. Only three jobs-Job 105, Job 106, and Job...

Finance
1.2K views

Tony Begay at Saguaro Funds. Tony Begay, a currency trader for Chicago-based Saguaro Funds, uses...