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Question E-H

. Compare the liquidity, PIX.6 (LO2) The comparative statements of Beulah Limited an mited are presented below 2019 500.000 E4200 Beulah Limited Income Statement For the Year's Ended December 31 2020 Net sales call on account) Expenses Cost of goods sold Selling and administrative Interest expense Income tax expense Total expenses Net income 254.00 315.000 120,800 7.500 20.000 463,300 36,700 15.00 390,300 29,700 2019 1383,000 Beulah Limited Statements of Financial Position December 31 Assets 2020 Plant assets (net) 423,000 Current assets Inventory 80,000 Accounts receivable (net) 85,000 Short-term investments 18,000 Cash 21.000 Total current assets 204.000 Total assets 627.000 60.000 75,000 15.000 18.000 168,000 551.000 Equity and Liabilities Equity Share capital ordinary (5 par) Retained earnings Total equity Non-current liabilities Bonds payable 150,000 223,000 373,000 150,000 200.000 350,000 120,000 80,000 Current liabilities Accounts payable Income taxes payable Total current liabilities Total liabilities Total equity and liabilities 122,000 12.000 134,000 254.000 627,000 110,000 11,000 121.000 201.000 551,000 Additional data: The ordinary shares recently sold at 19.50 per share. Instructions Compute the foll bute the following ratios for 2020. a. Current ratio. b. Acid-test ratio. Accounts receivable turnover. h. Return on ordinary shareholders' equity. i. Earnings per share. j. Price-earnings ratio. k. Payout ratio. 1. Debt to assets ratio. m. Times interest earned. d. Inventory turnover. e. Profit margin. f. Asset turnover. g. Return on assets. nt and incomplete comna

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