paque abuep Busco is the owner of a business supplying goods to other traders He has just received the financial accounts for his business for the year ended 31st December 2023 from his accountant These are reproduced below. Statement of profit or loss for the year ended 31st December 2023 TZS (000) Sales Cost of sales Gross Profit Expenses Net Profit Statement of Financial Position as at 31st December 2023 129 (000) Non-current Assets (net) Current Assets Inventory Receivables Cash Total Assets Current Liabilities Pavables 52.000 15.000 100 6.000 2,500 Capital Employed 400.000 (300.000) 100.000 (81,400 18.600 200.000 18.600 (20,000) TZS (000) 140.000 67.100 207.100 Bank Capital Balance b/d Net Profit Drawings Total Capital and Liabilities Note: Inventory on 31st December 2023 was valued at TZS 48,000,000 8.500 198.600 207.100 Required: Calculate for Bosco each of the following ratios for the year ended 31- December 2023. 1) Gross profit margin 2) Operating Profit Margin 3) Net Profit Margin 4) Return on 8) Asset Turnover 9 Inventory Turnover 10) Receivable days 11) payables days Debt ratio
