Answer Happy

Question 4. (a) You are required to calculate and state the missing figures represented by alphabets (10 Marks) ABC Ltd XYZ Ltd Ghs '000 Ghs '000 A B с D E F G H I Turnover Cost of sales Stocks Bank Trade creditors Accruals Gross profit Gross profit Margin% Distribution costs Admin expenses Debtors Net current assets Operating profit Interest Net Profit Net Profit Margin % Plant and machinery Ordinary shares of Ghs1 Retained profit 10% debenture Current assets Current liabilities Equity 8,030 4,818 J 1,800 40 100 1,606 600 1,006 K L 200 4,000 900 3,120 O 2,000 1,100 P M N 7,300 1,392 238 370 120 42% 1,320 480 800 1,266 200 3,960 900 2,000 2,430 3,500