(a)[3]
State three limitations of ratios when assessing the performance of a business.
(b(i))[4]
Calculate, to two decimal places, this ratio: dividend yield.
(b(ii))[3]
Calculate, to two decimal places, this ratio: price/earnings (PE).
(b(iii))[2]
Calculate, to two decimal places, this ratio: gearing.
(c)[4]
Calculate the working capital cycle (round each component up to the next whole day).
(d)[5]
Discuss the performance of B plc in managing its working capital cycle compared with X plc.
(e)[4]
Discuss the performance of B plc as measured by its PE ratio compared with X plc.