(a)[9]
Prepare the total assets section of the statement of financial position at 31 December 2020, with cash and cash equivalents shown as the balancing figure. Use the space provided for your workings.
(b)[3]
Calculate the working capital cycle in days.
(c)[3]
Compare D Limited’s performance across the two years by referring to non-current asset turnover and the working capital cycle.
(d)[6]
Explain two likely reasons for the change in the ratio from 2019 to 2020.
(e)[4]
State any four limitations of ratio analysis.