The following information relates to Rokito traders for the year ended

      

The following information relates to Rokito traders for the year ended 31st December 2011.
Fixed Assets 5,000,000
Current assets 650,000
Net Profit 300,000
Current Liabilities 650,000
Sales 2,000,000
Closing stock 100,000
Opening Stock 200,000
Gross Profit Margin was 20%
Calculate
(a)Current ratio
(b)Gross profit mark-up
(c)Rate of stock turnover
(d)Capital employed

  

Answers


Kavungya
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Kavungya answered the question on September 25, 2019 at 07:24


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