Dale is in business as a sole trader.You are presented with the following summarized information relating to his business for the year to 31 Octover 20X8.
a)Base on the avrove information ,calculate eieht recognized accounting ratios
b)list additional information you would need in order to undertake a detailed
ratio abalysis of Dale's business for the year to year to 31 October 20X8
the question provided Profit and loss account and balance sheet for the year enfef 31 Octover 20X8
In part a,i want to ask which eight ratios ,i need to calculate.
in part b, i want a help to answer part b answer. or answer what additional information the question request to list.