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EMAS PADU BERHAD Income Statement for the year ending 31st December 2021 Revenue Less Cost...

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Accounting

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EMAS PADU BERHAD Income Statement for the year ending 31st December 2021 Revenue Less Cost of Sales Inventory at 1 Jan Add Purchases 610,000 \begin{tabular}{c|c|} \hline 2021 \\ \hline YEAR 2 & \\ \hline \end{tabular} RM Less Closing inventory 649,000 1,290,000 Gross Profit 46,000 603,000 867,600 Less Expenses 347,000 927,400 Profit before Interest Less Interest on Long Term Loan 124,000 137,000 Profit before Taxation 790,400 Less Corporation Tax Profit after Tax (Net Income) 223,000 5,250 Add Retained Earnings b/d 785,150 EMAS PADU BERHAD Statement of Financial Position as at 31 December 2021 You are required to calculate the following ratios for each year (correct to 2 decimal places). a) Return on capital employed b) Net profit ratio. c) Gross profit ratio d) Current ratio e) Acid test ratio. f) Total assets turnover ratio g) Fixed assets turnover ratio h) Rate of stock turnover (in times) i) Stock turnover (in days). j) Average collection period; k) Accounts receivables turnover l) Creditor payment period. m) Debt ratio n) Interest cover o) Dividend per share p) Dividend yield q) Dividend cover r) Earnings per share s) Price/earnings ratio t) Capital gearing ratio

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