Which financial statement indicates profit or loss

Assignment Help Financial Accounting

Reference no: EM132659708

Question 1: Which financial statement indicates profit or loss?

Question 2: What shows the company having profitability?

Question 3: Use below ratios to address the financial performance.

Profitability: gross profit margin and net profit margin gross profit margin

Solvency: debt ratio

Short term liquidity: current ratio and working capital

Activity: total asset turnover ratio

Question 4: Conduct a research to establish why those areas you have identified in part 1 have made a profit or loss. Your research should include a review of the financial data of 2017/18, and 2018/19 provided to you, economic conditions and business trends that may have resulted in the profit or loss.

Reference no: EM132659708

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