1. The following information relates to YANET PLC for the year ended 31 December, 2021 The statement of profit or loss for the year ended 31 December, 2021 Birr (000) 55,000 35,100 19,900 Revenue (net sales) Less: Cost of sales Gross profit Total expense EBIT Less: Interest Profit before tax Less: tax Profit for the year Assets Non-current assets Current assets Inventory Receivables Statement of Financial Position as at 31 December, 2021 2000 (Birr 000) 15,330 Cash Total Current assets Total Asset Equity and liabilities Equity Share capital Retained earnings Total Equity Non-current liabilities Long term- Loan Current liabilities 1. Rate of return on total asset 2. Profit Margin ratio 3. Current ratio 4. Inventory turnover ratio 5. Account receivable turnover ratio 1,908 4,362 2021 (Birr 000) 17,190 7,000 4,100 12,070 7,830 1,560 6,270 1,645 12,745 29,935 7,700 6,515 14,215 9,940 5,780 Total liabilities 15,720 Total equity and liabilities 29,935 Required: A) Calculate the following ratios for 2021. 22% 4% 2.5:1 6,930 3,675 2,110 12,715 28,045 6 13 40% 6 7,700 4,905 12,605 Industry Average 9,450 5,990 15.440 28,045 6. Debt ratio 7. Times interest earned B) Based on the above industry average, suggest the company profitability, liquidity and use of financial gearing.​

Answers

Answer 1

A) The ratios for 2021 are as follows:

Rate of return on total asset = (Profit for the year / Total assets) * 100 = (12,605 / 29,935) * 100 = 42%

Profit margin ratio = (Profit for the year / Revenue) * 100 = (12,605 / 55,000) * 100 = 22.9%

Current ratio = (Current assets / Current liabilities) = (17,190 / 7,700) = 2.23:1

Inventory turnover ratio = (Cost of sales / Inventory) = (35,100 / 3,675) = 9.58

Accounts receivable turnover ratio = (Revenue / Receivables) = (55,000 / 4,905) = 11.22

Debt ratio = (Total liabilities / Total assets) = (15,720 / 29,935) = 52.6%

Times interest earned = (EBIT / Interest) = (12,715 / 1,560) = 8.14

B) Based on the above industry averages:

profitability: the company's profit margin ratio of 22.9% is lower than the industry average of 40%, which suggests that the company's profitability is lower than the industry average.

liquidity: the company's current ratio of 2.23:1 is lower than the industry average of 2.5:1, which suggests that the company's liquidity is lower than the industry average.

use of financial gearing: the company's debt ratio of 52.6% is higher than the industry average of 6%, which suggests that the company is more heavily leveraged than the industry average.

In summary, the company profitability is lower than the industry average, liquidity is lower than the industry average, and the company is more heavily leveraged than the industry average.

What is a company's profitability?

A company's profitability refers to its ability to generate a profit and return on investment. It is a measure of how well a company is able to generate revenue, control costs, and manage its assets and liabilities. Profitability ratios are used to evaluate a company's financial performance and to compare it to other companies in the same industry. Some of the most common profitability ratios include:

Gross profit margin: measures the percentage of revenue that remains after accounting for the cost of goods sold. It's calculated by dividing gross profit by revenue.

Operating profit margin: measures the percentage of revenue that remains after accounting for all operating expenses. It's calculated by dividing operating profit by revenue.

Net profit margin: measures the percentage of revenue that remains after accounting for all expenses, including taxes and interest. It's calculated by dividing net profit by revenue.

Return on assets (ROA): measures how efficiently a company is using its assets to generate a profit. It's calculated by dividing net income by total assets.

Return on equity (ROE): measures how efficiently a company is using shareholder's equity to generate a profit. It's calculated by dividing net income by shareholder's equity.

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Related Questions

1/4×1/12 ÷ 1 page = blank
1page​

Answers

Answer:

0.02083333333

Jose rode his bike for 18 miles in one hour.
Which graph best represents y, the number of
miles a Jose can travel in x hours?
Thors
Distance
Need H

Answers

The answer is B. The answer is B

with a 5% sale discount the price of an item is $38 what was the original price​

Answers

Answer:

[tex]38 \div5 \\ [/tex]

the original price is $40

Which ordered pair represents the solution to the system of linear equations?

Answers

Answer:

0,2

Step-by-step explanation:

because because it crosses the x-axis line only one time

Please helping faster if you know please?!!!!!!

Answers

Your answer is 72%
(71.99233716475094%)

Given the trapezoid PQRS …. Please i need help ASAP.

Answers

Q+P =180 so (Q is 137) p=s so (s is 43) and q = r so (r is 137)

Complex mathematical

Answers

A) [tex]$x+y=(1+2 \sqrt{3})+(1-\sqrt{3}) i$[/tex]

B) [tex]$y+z=(\sqrt{3}+1)-(2+\sqrt{3}) i$[/tex]

c) [tex]$y-z=(\sqrt{3}-1)-\sqrt{3} i$[/tex]

are the value of given algebraic expression.

What is Complex Number?

The numbers which can be expressed in the form of [tex]$x+iy[/tex] where, [tex]$x, y$[/tex] are real numbers and 'i' is an imaginary number called "iota".

here [tex]$\mathrm{i}$[/tex] is iota whose value is: [tex]$\mathrm{i}=\sqrt{-1}[/tex]

Given .

[tex]$$\begin{aligned}& x=1+\sqrt{3}+2 i \\& y=\sqrt{3}-(1+\sqrt{3}) i \\& z=1-i\end{aligned}$$[/tex]

upon solving two complex number we solve coefficient of iota together and real number together.

A) to find [tex]$(x+y)$[/tex]

[tex]$$\begin{aligned}& x+y=(1+\sqrt{3}+2 i)+(\sqrt{3}-i-\sqrt{3} i) \\& x+y=(1+2 \sqrt{3})+(2-1-\sqrt{3}) i \\& x+y=(1+2 \sqrt{3})+(1-\sqrt{3}) i\end{aligned}[/tex]

B) [tex]$\mathbf{y}+\mathbf{z}$[/tex]

[tex]$$\begin{aligned}& y+z=(\sqrt{3}-i-\sqrt{3} i)+(1-i) \\& y+z=(\sqrt{3}+1)-(2+\sqrt{3}) i\end{aligned}[/tex]

c) [tex]$\mathbf{y}-\mathbf{z}$[/tex]

[tex]$$\begin{aligned}& y-z=(\sqrt{3}-i-\sqrt{3} i)-(1-i) \\& y-z=(\sqrt{3}-1)-\sqrt{3} i\end{aligned}[/tex]

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I don’t understand this ssshh

Answers

After evaluating the given expressions the results could be 245 / 89 , 43/6, 33/4 .

What is expression ?

expression can be defined as with the minimum of two variables or numbers and at least one math operation.

Given that ,

7/ 8  * 14  / (3/8 * 6 ) + 2  1/5

= (7/8 * 14 )/ ((18 / 8) + 11/5)

= (98/ 8 ) / (90 + 88) / 40

= (98/ 8 ) /  (178/ 40)

= (98 * 40) / (8* 78)

= 245/89

Hence the final value could be 245/53.

7/ 8  + (6*7/8 - 4 * 3/16 ) / (3/4 )

(7/8 + (21/4 - 3/4 ) )  / (3/4)

(7/8 + 18/4)  / (3/4)

(43/8) / (3/4)

43/6

Hence the final value could be 43/6.

3  1/7  * (3 1/3 * (2/3 + 1/6 ) - 5/18 ) / 2 (3/7)

11/7 * (10/6 - 5/18) / (17/7)

(11/7 )* (27/ 18) /( 17/7)

(11* 27/18 )/ (17)

33/34.

Hence the final value could be 33/34.

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Which fraction is represented by the red portion of the picture?

A. 3/8
B. 2/3
C. 5/3
D. 3/5
E. 1/2
F. 3/2

NO LINKS PLEASE

Answers

B. 2/3

bcuz there are 3 slices and 2 of them are shaded

can anybody help me please :(​

Answers

Answer:

A, D, C, B

Step-by-step explanation:

A = 3/4 + 5/4 = 8/4 = 4

B = 7/4 + 5/2

= LCM of 4 and 2 = 8

= 14/8 + 20/8 = 34/8 =17/4

C = 4/3 + 5/3 = 9/3 = 3

D = 11/3 - 4/3 = 7/3

A=4, B=17/4, C=3, D=7/3

LCM of  4 and 3 is = 12

= 16/12, 51/12, 36/12, 28/12

Sorry if I am wrong :)

Answer:

A=4, B=17/4, C=3, D=7/3

Step-by-step explanation:

Please help me solve this
-show you work

Answers

Answer:

Download Photo math for help, it works really well and it shows the work.

s/4 +5=13




How do i solve thissssssss

Answers

[tex]\dfrac{s}{4} +5=13[/tex]

Simplify:

[tex]\dfrac{1}{4} s+5=13[/tex]

Subtract 5 from both sides:

[tex]\dfrac{1}{4} s+5-5=13-5[/tex]

[tex]\dfrac{1}{4} s=8[/tex]

Multiply both sides by 4:

[tex]4\times(\dfrac{1}{4} s)=4\times(8)[/tex]

[tex]\fbox{s = 32}[/tex]

Answer:

s = 32.

Step-by-step explanation:

1. Write the expression.

[tex]\frac{s}{4} +5=13[/tex]

2. Subtract 5 from both sides of the equation.

[tex]\frac{s}{4} +5-5=13-5\\ \\\frac{s}{4} =8[/tex]

3. Multiply by "4" on both sides of the equation.

[tex]\frac{s}{4}*4 =8*4\\ \\s=32[/tex]

4. Verify.

If the result is correct, then the equation should return the same value of both sides of the equal symbol (=) when we substitute the variable "s" by it's calculated value, 32.

[tex]\frac{(32)}{4} +5=13\\ \\8+5=13\\ \\13=13[/tex]

As you can tell, the same number appears on both sides of the equal symbol, this means that the result is correct!

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Use the rectangular prism to answer the question.
Choose all the expressions that can be used to find the volume of the rectangular prism.
A 12 +12
OD 6 + 8 + 12
B 16 +16
E 6 + 6 + 6 + 6
C. 8+8+8

Answers

Answer:

Step-by-step explanation:

E

standard equation for hyperbola with vertices (-2, 1), (2, 1) and foci (-3, 1) (3,1)

Will give brainliest

Answers

Answer:y=(x+3)2−17

Step-by-step explanation: 3,11 5,15

Find the length of c to the nearest tenth using the Pythagorean theorem

Answers

Answer:

c = 10.6

Step-by-step explanation:

c² = a² + b²

c² = 7² + 8²

c² = 49 + 64

c² = 113

Take the square root of both sides

c = 10.6301458127

Rounded

c = 10.6

Malia signed up for a gym membership 14 weeks after Jane.
Let a represent the number of weeks Malia has been a member and b represent
the number of weeks Jane has been a member.
Find the value of b when a = 9.

Answers

When Malia joined a gym 14 weeks after Jane did, the value of b was 5.

What does "proportional relationship" mean?

Relationships between two variables where their ratios are equal are known as proportional relationships. The fact that one variable is always a constant value multiplied by the other in a proportionate connection is another way to conceive of them.

What is a good illustration of an unproportional relationship?

A car's fuel capacity and efficiency, as well as how far it can go on a single charge of its electric battery, are important considerations. A nonproportional connection can be used to describe this.

a + b = 14

9 + b = 14

b = 14-9 = 5

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Please help me this is timed

Answers

Answer:

118

Step-by-step explanation:

Answer: 118

Step-by-step explanation:

4(5)^2+3(6)

4(25)+3(6)

100+3(6)

100+18

118

1010101010101010010101001010100101100101010+40

Answers

Answer:

1.010101e+42

Step-by-step explanation:

Answer:

1010101010101010010101001010100101100101050

Step-by-step explanation:

1010101010101010010101001010100101100101010+40=1010101010101010010101001010100101100101050

1. Can the following quadratic equation be solved by factoring?
x² - x-3=0
yes
no

Answers

Answer: No. This equation can't be solved by factoring

The graph of f(x) = |x| is transformed to g(x) = |x + 1| – 7. On which interval is the function decreasing?

Answers

Answer:

g is decreasing for all x less than or equal to -1

Step-by-step explanation:

The graph of the function y = |x| looks like a "vee."

g(x) = |x + 1| - 7 moves that graph 1 unit to the left (I know, it looks backwards!) and down 7 units. See attached image.

Function g(x) is decreasing for all [tex]x \le -1[/tex].

Answer:

on edg3

Step-by-step explanation:

I NEED THIS QUICK PLEASE!!!!!!!
20 POINTS!!!!

Answers

Answer:

option 4 (D)

Step-by-step explanation:

What’s (3 , 1)reflected over the x-axis

Answers

(3,-1) to reflect over the x axis is to make the y coordinate negative

Answer:

(3,-1)

Step-by-step explanation: because all you have to do is reflect it over the x-axis

Is there anyone who can help with this Statistic assignment?
Choose a topic for you survey.
Determine and write 5 relevant questions to include in your survey.
* Write 2 flawed survey questions and identify what makes each one flawed. Then rewrite each question so it is no longer flawed.
*Write 3 survey questions that are not flawed.
Choose and describe an appropriate sampling method and explain why this method was chosen and how it will ensure an unbiased sample.

Answers

Answer:

The difference between a flawed and non-flawed survey question is usually bias; you don't want the question to seem like it's leading the reader to any one answer, it should be worded neutrally. The best method to find non-biased samples is to select your samples randomly.

Which facts are true for the graph of the function below? Check all that apply.
F(x) = 3 • 4*
A. The range of F(x) is y> 4.
B. The y-intercept is (0,4).
c. It is decreasing.
D. The domain of F(x) is all real numbers.
E. It is increasing.
F. The y-intercept is (0,3).

Answers

The answer is a b and e

To be eligible for the swim team, the mean pace a student needs to achieve on 5 laps of the pool is 60 seconds (s). The student swims a lap in 63 s, 62 s, 65 s, and 58 s on her first four laps.

What is the maximum time (in seconds) that she can take on her last lap and still make the team?

Answers

52s is the maximum time that she can take on her last lap and still make the team.

What is Statistics?

Statistics is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data.

Given that he mean pace a student needs to achieve on 5 laps of the pool is 60 seconds (s).

The student swims a lap in 63 s, 62 s, 65 s, and 58 s on her first four laps.

We need to find the maximum time (in seconds) that she can take on her last lap and still make the team

Let x be the maximum time (in seconds) that she can take on her last lap

60=(63+62+65+58+x)/5

300=63+62+65+58+x

300=248+x

Subtract 248 on both sides

300-248=x

x=52s

Hence, 52s is the maximum time that she can take on her last lap and still make the team.

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) If x, x+10 makes a right angle, find them.​

Answers

Answer:

x+x+10=90 being Right angle triangle.

2x=90-10

2x=80

x =40

then x+10= 40 + 10

= 50

Please help me with this

Answers

Answer:

Heads has 3 branches - Blue, Yellow, Red

Tails has 3 branches - Blue, Yellow, Red

Step-by-step explanation:

Sample Space:

H/B

H/Y

H/R

T/B

T/Y

T/R

H/B

H/Y

H/R

6 possible outcomes

Which TRANSFORMATION is represented by
this rule? Circle one below:
(x, y) - (x+3, y - 7)
Translation, Rotation, Dilation, or Reflection
I’ll give you 20 points

Answers

9514 1404 393

Answer:

  Translation

Step-by-step explanation:

When constant values are added to x and/or y, the result is translation.

Three long-sleeve T-shirts sell for $14.97 What is
the unit price? Write and solve an equation using
a variable

Answers

Answer:3x=4.99

Step-by-step explanation: 14.97/3= 4.99

ZAOC measures 150°. OC is 20° clockwise from the negative x-axis, as shown. If ZAOC is rotated
60° counterclockwise, what angle does OC make with the x-axis?

Answers

Answer:

40 degrees clockwise.

Step-by-step explanation:

If we rotate 150 degrees counterclockwise by 60 degrees , we would end up at 210 so

210-170=40 degrees

It would be clockwise.

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