Financial Accounting > QUESTIONS & ANSWERS > MAC2602 Assignment 1 Answers Solutions Semester 2 | 20 Q&A (All)
MAC2602 Assignment 1 Answers Solutions Semester 2 | 20 Q&A
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MAC2602 Assignment 1 2022 Answers Solutions Semester 2 1. Calculate the debt: equity ratio (based on book values). [Round your final answer to two decimal places.] (a) 68,32:31,68 (b) 74,53:25,4... 7 (c) 31,68:68,32 (d) 25,47:74,53 Debt:equity ratio is calculated as follows: Debt (R5mil + R20,5mil) / R80,5mil x 100/1 = 31,68% Equity (R40mil + R15mil) / R80,5mil x 100/1 = 68,32% 2. Calculate the number of days of the total cash conversion cycle. (a) 67 days (b) 122 days (c) 108 days (d) 175 days 2 3. Which ONE of the following ratios would be most appropriate to compare the profitability of two companies that operate in the same industry? (a) Interest Cover (b) Earnings per share (EPS) (c) Price/ Earnings (P/E) (d) Asset turnover ratio [Show More]
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