SharpkopAccounting P1 · Analysis and interpretation
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Financial indicators of Thabong Stores Ltd:
Solvency ratio: 2024: 2,1 : 1; 2025: 2,9 : 1
Current ratio: 2024: 1,4 : 1; 2025: 2,2 : 1
Acid-test ratio: 2024: 0,9 : 1; 2025: 1,6 : 1
Mark-up percentage achieved: 2024: 60%; 2025: 60%
3.6.24 marks
The shareholders are pleased with the work of the CEO. Apart from the points already made about profit and dividends, identify and explain TWO other points from the indicators that show the company is well managed by the CEO. Quote figures.
NSCBased on Nov 2024 · Paper 1 · Q3.6.2
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