- Read The Information Below And Answer The Following Questions Information The Extracts Of The Financial Statements Of Di 1 (48.05 KiB) Viewed 10 times
- Read The Information Below And Answer The Following Questions Information The Extracts Of The Financial Statements Of Di 2 (56.16 KiB) Viewed 10 times
3.1.1 The rate at which inventory is sold
3.1.2 The ratio of the company's net profit to its revenue
3.1.3 A comparison of the company's long term debt to its equity
3.1.4 An indicator of how profitable a company is relative to its total assets
Read the information below and answer the following questions INFORMATION The extracts of the financial statements of Disney Limited for 2020 and 2021 are provided below. Disney Limited Statement of Comprehensive Income for the year ended 31 December 2021 Sales Cost of sales Operating profit Interest expense Profit before tax Profit after tax R 1 960 000 1 240 000 472 000 48 000 424 000 305 280
Inventories Accounts receivable Cash and cash equivalents assets Equity and liabilities Equity Non-current liabilities Accounts payable Additional information 1. 2. The profit after tax for the year ended 31 December 2020 was R240 000. All purchases and sales of inventories are on credit. Use the information provided above to answer the following questions: 2 320 000 720 000 360 000 440 000 3 840 000 2 960 000 480 000 400 000 3 840 000 1 960 00 440 00 500 00 340 00 3 240 00 2 040 000 820 000 380 00C 3 240 000