The company reported revenues of $31,616 in 2022, up from $24,996 in 2021. Gross profit was $12,365 in 2022 compared to $9,720 in 2021, while net income was $5,633 in 2022 and $6,195 in 2021. Total assets grew to $48,595 in 2022 from $39,329 in 2021, with current assets of $8,070 and debtors of $989 in 2022. Total liabilities also increased to $27,817 in 2022 from $21,835 in 2021.
The company reported revenues of $31,616 in 2022, up from $24,996 in 2021. Gross profit was $12,365 in 2022 compared to $9,720 in 2021, while net income was $5,633 in 2022 and $6,195 in 2021. Total assets grew to $48,595 in 2022 from $39,329 in 2021, with current assets of $8,070 and debtors of $989 in 2022. Total liabilities also increased to $27,817 in 2022 from $21,835 in 2021.
The company reported revenues of $31,616 in 2022, up from $24,996 in 2021. Gross profit was $12,365 in 2022 compared to $9,720 in 2021, while net income was $5,633 in 2022 and $6,195 in 2021. Total assets grew to $48,595 in 2022 from $39,329 in 2021, with current assets of $8,070 and debtors of $989 in 2022. Total liabilities also increased to $27,817 in 2022 from $21,835 in 2021.
A company has reported the following data on its Profit and Loss Statement and Balance Sheet
2022 2021 2020
Revenues 31616 24996 Cost of Goods Sold 19168 17333 Gross Profit 12365 9720 Profit before Interest and Tax 5633 6195 4585
Non-Current Assets 39329 29518
Current Assets 8070 Debtors 989 1718 1353 TOTAL ASSETS 48595
Non-Current Liabilities 19886 20409
Current Liabilities 8489 Creditors 672 837 656 TOTAL LIABILITIES 27817 28735 28215
EQUITY 15849 11065
Gross profit margin
Profit margin ROCE Current ratio Acid test (quick) ratio Stock turnover ratio (times) Stock turnover ratio (days) Creditor days ratio Debtor days ratio Gearing ratio
1. Complete the missing data
2. Calculate as many ratios as possible 3. Analyze the company’s financial status in recent years and perspectives