Buying shares in Omega Ltd

    Your client is considering buying shares in Omega Ltd and is asking for your advice. Calculate the ratios (showing all your workings) that might be helpful to your client in appraising the company’s performance (only the ones covered in class), interpret the results and advise whether to invest in the company. (50 points) Your main source is the below financial information: 2022 2021 £m £m Turnover 1,110,678 697,720 Trade payables 257,365 154,710 Non current assets 364,748 102,225 Operating Profit 38,457 30,432 Trade Receivables 159,400 81,846 Gross Profit 280,552 191,982 Interest 150 130 Profit for the year 29,632 21,482 Inventory 62,537 55,845 Non current liabilities 15,155 23,339 Dividends Paid 9,877 5,370 Cash 67,637 35,300 Equity 381,802 97,167 No. of shares 855000000 700000000 Market price 100p 150p