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Ratio Analysis Formula...

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Verified Solution

Question

Finance

Ratio Analysis

Formula

Calculation

Answer

2020

2019

2020

2019

Return on equity

=

Net Income

=

RM33,182,135

RM27,895,303

=

6.87%

6.13%

Total Assets

RM483,062,401

RM455,075,022

Profit Margin

=

Net Income

=

RM33,182,135

RM27,895,303

=

6.50%

5.88%

Sales

RM510,737,818

RM474,033,018

Total asset turnover

=

Sales

=

RM510,737,818

RM474,033,018

=

105.73%

104.17%

Total Assets

RM483,062,401

RM455,075,022

Equity Multiplier

=

Total Assets

=

RM483,062,401

RM455,075,022

=

155.48%

163.78%

Total Equity

RM310,693,781

RM277,855,884

Give recommendations to improve firm performance based on the conclusion from above ratios computed.

Answer & Explanation Solved by verified expert
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