The following information relates to Malindi Traders for the year ended 31st December 2015. ...

      

The following information relates to Malindi Traders for the year ended
31st December 2015.

Shs
Total current assets ......................587,500
Total Fixed assets ........................720,000
Total current liabilities ..................32,500
Total long term liabilities................. 357,500
Net Profit ..................................50,000
Capital...................................... 625,000
Sales....................................... 1,000,000
Opening stock................................. 50,000
Closing stock .................................25,000
Margin....................................... 20%
Calculate:
(i) Working capital
(ii) Current ratio
(iii) Mark-up percentage
(iv) Rate of stock turnover
(v) Return on capital

  

Answers


sharon
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sharon kalunda answered the question on September 4, 2019 at 11:45


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