(a)[10]
Prepare the income statement for the year ended 30 September 2018.
(b)[6]
Prepare the statement of changes in equity for the year ended 30 September 2018.
(c)[5]
Advise the directors which option they should choose. Justify your answer.
(d)[3]
Using all the available information, Analyse the effect that the changes in each of these ratios had on the company’s liquidity.
(e)[3]
State three ways in which a business could reduce trade receivables turnover.
(f)[3]
State three disadvantages of increasing trade payables turnover.