Calculate the profitability ratio, Corporate Finance

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You are a new member of the accounting team and have been asked to examine the accounts of Bellatrix and calculate appropriate ratios in order to evaluate the company's performance.  You have been provided with the Income statements and Balance sheets for the year ended 31st March 2010 as well as the previous three years. You have also been provided with the ratio analyses for 2007, 2008 and 2009 (both in appendix 1).

Required

1. Calculate the ratios for Bellatrix for 2010 under the following headings:

a) Profitability

b) Efficiency

c) Liquidity

d) Gearing

e) Investment

2. Using this information, analyse the company's financial performance over the four years and suggest any improvements that could be made.


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