Net Assets 845 756 Calculate the relevant profitability, liquidity and efficiency ratios for Threads Ltd Teddy bears picnic Ltd Profit and Loss Account 2013 2012 Sales 22000 24000 Cost of Sales 8400 8900 Gross Profit 13600 15100 Overheads 4400 5000 Net operating profit 9200 10100 Balance Sheet 2013 2012 Fixed Assets 10000 10000 Current assets Stock 4800 5200 Debtors 2900 3200 Cash 1200 1000 Total CA 8900 9400 Current Liabilities Trade Creditors 3200 3400 Total CL 3200 3400 Net Current Assets 5700 6000 Net Assets 15700 16000 Financed by Loan Capital 7000 6100 P & L account 8700 9900 Net Assets 15700 16000
Net Assets 845 756 Calculate the relevant profitability, liquidity and efficiency ratios for Threads Ltd Teddy bears picnic Ltd Profit and Loss Account 2013 2012 Sales 22000 24000 Cost of Sales 8400 8900 Gross Profit 13600 15100 Overheads 4400 5000 Net operating profit 9200 10100 Balance Sheet 2013 2012 Fixed Assets 10000 10000 Current assets Stock 4800 5200 Debtors 2900 3200 Cash 1200 1000 Total CA 8900 9400 Current Liabilities Trade Creditors 3200 3400 Total CL 3200 3400 Net Current Assets 5700 6000 Net Assets 15700 16000 Financed by Loan Capital 7000 6100 P & L account 8700 9900 Net Assets 15700 16000