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What is the return on sales for the company

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Reference no: EM132605994

Extracts from a company's accounts show the following balances:

                           $000                                     $000

Inventories               150            Revenue        2,700

Receivables                300          Cost of sales  1,300

Cash                           25          Gross profit    1,400

Payables                  230             Admin costs     500

Overdraft                   90           Distribution costs  350

Operating profit          550

Finance cost              75

Required

Question 1) What is the company's current ratio (to the nearest 2 decimal places)?

Question 2) What is the company's quick ratio (to the nearest two decimal places)?

Question 3) What is receivable's payment period in days (to the nearest day)?

Question 4) What is the payable's payment period in days (to the nearest day)?

Question 5) What is the inventory holding period(to the nearest day)?

Question 6) What is the return on sales for the company?

Question 7) What is the interest cover of the company?

Reference no: EM132605994

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