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The income statement and balance sheet of Sheng Siong Group Ltd (Sheng Siong), one of...

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Accounting

The income statement and balance sheet of Sheng Siong Group Ltd (Sheng Siong), one of Singapores largest retailers with 67 stores located across the island. over the last three years are provided below.

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  1. Calculate Sheng Siongs cash flow from assets for 2021 and 2022 and discuss your observations.
  2. Compute the following ratios in the table below, then appraise Sheng Siongs profitability and long-term solvency ratios over the last three years.
image \begin{tabular}{|l|l|l|l|} \hline Profitability ratios & 2020 & 2021 & 2022 \\ \hline & & & \\ \hline Gross profit margin & & & \\ \hline EBIT margin & & & \\ \hline Net profit margin & & & \\ \hline ROE & & & \\ \hline ROA & & & \\ \hline & 2020 & & 2021 \\ \hline Long-term solvency ratios & & & \\ \hline & & & \\ \hline Debt-equity ratio & & & \\ \hline Total debt ratio & & & \\ \hline Equity multiplier & & & \\ \hline Times interest earned & & & \\ \hline Cash coverage ratio & & & \\ \hline \end{tabular}

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