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QUESTION 3 REQUIRED Use the information provided below to prepare the Cash Flow Statement of Tempest Limited for the year end

2018 (R) 1080 000 2 000 000 (1 000 000) 80 000 830 000 410 000 350 000 70 000 1910 000 Statement of Financial Position as at

QUESTION 4 (20) REQUIRED 4.1 Use the information from Question 3 to calculate the following ratios for 2019 (answers expresse

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Answer #1

4.1.1 Inventory turnover = Cost of goods sold/ Average inventory 3.10 4.1.2 Interest Coverage = Earning before Interest and t

4.1.5 Earning per share = Net Income/Total share outstanding 160000/155000 1.03 4.1.6 Dividends per share = Dividend paid/Tot

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