Use the information provided (first picture) to calculate the return on assets and return on equity ratios for 2021 and put your answer in the template provided (second picture)
Extracted text: Return on assets 1 1 Return on equity 1 1 II
Extracted text: Chelsea Limited Statement of Cash Flow For the Year Ended December 31, 2021 Cash Flow from Operating Activities: Profit before Interest and Tax $1,024,000 Use the information provided below to prepare the Cash Flow Statement of Chelsea Limited for the year ended 31 LIST OF BALANCES FROM THE STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER: December 2021. Adjustments for non cash Items: 2021 (R) 2020 (R) INFORMATION Depreciation on buildings 2$ 96,000 Depreciation on plant and machinery $ 160,000 $ 256,000 Land and buildings 1 760 000 1 504 000 PEPSICO LIMITED Changes in Working Capital: Plant and machinery 992 000 848 000 STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER: Decrease in Inventories 16,000 $ (152,000) $ (64,000) $ (200,000) Increase in Accounts Receivable 2021 (R) 2020 (R) Investments 240 000 Decrease in Accounts Payable Sales 3 312 000 2 800 000 Inventories 384 000 400 000 Cash Flow from Operations $1,080,000 $ (64,000) $ (192,000) Less: Interest Paid Cost sales (1616 000) (1 560 000) Accounts receivable 408 000 256 000 Less: Income Tax Paid Gross profit 1 696 000 1 240 000 Cash and cash equivalents 72 000 64 000 Net Cash Flow from Operating Activities $ 824,000 Cash Flow from Investing Activities: Purchase of Land and Building Selling and administrative expenses (672 000) (568 000) Ordinary share capital 1 600 000 1 600 000 $ (352,000) $ (304,000) $ (240,000) Operating profit Retained earnings 896 000 480 000 Purchase of Plant and Machinery 1 024 000 672 000 Purchase of Investments Interest expense (64 000) (32 000) Long-term loan 640 000 320 000 Net Cash Flow from Investing Activities $ (896,000) Profit before tax 960 000 640 000 Accounts payable 384 000 448 000 Cash Flow from Financing Activities: Income tax payable 128 000 64 000 Dividend Paid $ (240,000) Tax (256 000) (172 000) Issuance of Long term Loans $ 320,000 Profit after tax 704 000 468 000 Dividends payable 208 000 160 000 Net Cash Flow from Financing Activities 80,000 Additional information Net Change in Cash 8,000 Cash Balance, Beginning Cash Balance, Ending 64,000 2$ 72,000