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Answer probably please .... Calculate the following ratios for Avartar Sdn. Bhd. for years ended 31 March 2019 and 31 March 2018: 1) Gross profit percentage; 2) Net profit percentage (using profit before tax); 3) Return on capital employed;

Answer probably please .... Calculate the following ratios for Avartar Sdn. Bhd. for years ended 31 March 2019 and 31 March 2018: 1) Gross profit percentage; 2) Net profit percentage (using profit before tax); 3) Return on capital employed;

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter1: Accounting And The Financial Statements
Section: Chapter Questions
Problem 60APSA: Problem 1-60A Income Statement and Balance Sheet The following information for Rogers Enterprises is...
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Answer probably please .... Calculate the following ratios for Avartar Sdn. Bhd. for years ended 31 March 2019 and 31 March 2018: 1) Gross profit percentage; 2) Net profit percentage (using profit before tax); 3) Return on capital employed; 4) Return on owners' equity; 5) Assets turnover;
(21,818) (23,306) Distribution costs (52,629) (39,703) Administration expenses (11,187) (7,929) Finance costs 25,918 55,290 Profit before tax (4,188) (6,087) Тах еxpense 21,730 49,203 Profit for the year (5,500) (5,500) Dividend Transfer to general reserves (10,000) Retained earnings for the year 6,230 43,703 Retained earnings brought forward 49,807 6,104 Retained earnings carried forward 56,037 49,807 Avartar Sdn. Bhd Statement of financial position as at 31 March 2019 RM'000 2018 RM'000 Non-current assets Property, plant and equipment Total non-current assets 342,482 342,482 222,648 222,648 Current assets Inventories Trade receivables Cash and bank balances 133,833 206,075 34,111 374,019 716,501 98,620 199,012 33,475 331,107 553,755 Total current assets Total assets Equity and reserves Share capital (Ordinary shares of RM1 each) Retained earnings General reserve Total equity 300,000 56,037 10,000 366,037 170,000 49,807 219,807 Non-current liabilities Term loans Irredeemable convertible unsecured loan stocks 76,307 68,711 145,018 27,979 50,922 78,901 Total non-current liabilities Current liabilities Trade payables Dividend payable Tax liabilities 250,621 201,439 3,000 1,007 205,446 4,426 255,047 333,948 Total current liabilities 350,464 Total liabilities
Transcribed Image Text:(21,818) (23,306) Distribution costs (52,629) (39,703) Administration expenses (11,187) (7,929) Finance costs 25,918 55,290 Profit before tax (4,188) (6,087) Тах еxpense 21,730 49,203 Profit for the year (5,500) (5,500) Dividend Transfer to general reserves (10,000) Retained earnings for the year 6,230 43,703 Retained earnings brought forward 49,807 6,104 Retained earnings carried forward 56,037 49,807 Avartar Sdn. Bhd Statement of financial position as at 31 March 2019 RM'000 2018 RM'000 Non-current assets Property, plant and equipment Total non-current assets 342,482 342,482 222,648 222,648 Current assets Inventories Trade receivables Cash and bank balances 133,833 206,075 34,111 374,019 716,501 98,620 199,012 33,475 331,107 553,755 Total current assets Total assets Equity and reserves Share capital (Ordinary shares of RM1 each) Retained earnings General reserve Total equity 300,000 56,037 10,000 366,037 170,000 49,807 219,807 Non-current liabilities Term loans Irredeemable convertible unsecured loan stocks 76,307 68,711 145,018 27,979 50,922 78,901 Total non-current liabilities Current liabilities Trade payables Dividend payable Tax liabilities 250,621 201,439 3,000 1,007 205,446 4,426 255,047 333,948 Total current liabilities 350,464 Total liabilities
Question 2 The financial statements of Avartar Sdn. Bhd., a limited company, for the years ended 31 March 2019 and 2018 are summarised below. The Company is principally involved in the manufacturing and sales of latex gloves. Avatar Sdn. Bhd. Statement of profit or loss for the years ended 31 March 2019 2018 RM'000 RM'000 Revenue 757,773 691,034 Cost of sales (663,139) (589,012) Gross profit 94,634 102,022 Other income 16,918 24,206
Transcribed Image Text:Question 2 The financial statements of Avartar Sdn. Bhd., a limited company, for the years ended 31 March 2019 and 2018 are summarised below. The Company is principally involved in the manufacturing and sales of latex gloves. Avatar Sdn. Bhd. Statement of profit or loss for the years ended 31 March 2019 2018 RM'000 RM'000 Revenue 757,773 691,034 Cost of sales (663,139) (589,012) Gross profit 94,634 102,022 Other income 16,918 24,206
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