A company's sales in 2010 were P300,000 and in 2011 were P351,000. Using 2010 as the base year, the sales trend percent for 2011 is: * Choose
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Q: what were JT’s annual sales and DSO?
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A: Financial statement Financial statements refer to those statements which contain all the financial…
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A: Trend percent = Current Years Sales/Previous Year Sales x 100
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Q: A company's sales in 2010 were P300,000 and in 2011 were P351,000. Using 2010 as the base year, the…
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
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A: PV Ratio = Change in ContributionChange in Salesx 100
Q: A company’s sales in the prior year were $300,000 and in the current year were $351,000. Using the…
A: Trend Analysis: Trend analysis is one form of horizontal analysis. It helps the user to calculate…
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A: Given, Net sale of 2010 = P 300,000 Net sales of 2011 = P 330,000 Net sales of 2012 = P 360,000 Base…
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A: Trend Analysis It is the practice of collecting information and then with the help of that data…
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Q: LMM Company’s total assets at the end of last year were P405,000 and its earnings before interest…
A: Total assets = P405,000 EBIT = P52,500
Q: A company's sales in 2010 were P300,000 and in 2011 were P351,000. Using 2010 as the base year, the…
A: Note: Since you have posted multiple questions, we will solve the first question. Please submit a…
Q: A company’s sales in 2010 were P300,000 and in 2011 were P351,000. Using 2010 as the base year, the…
A: Sales trend = 2011 sales/Base Year sales
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Q: Assume the following sales data for a company: Current year$832,402 Preceding year608,082 What is…
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Q: A company’s sales in the prior year were $300,000 and in the current year were $351,000. Using the…
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A: Formula, Quick Ratio = [ (Current assets - Inventory )/ current liabilities ]
Q: hat were JT's annual sales and DSO?
A: Information Provided: Quick ratio = 1.0 Current Ratio = 1.8 Inventory Turnover = 3.5 Total current…
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Q: Use the following information to determine the Prior Year and Current Year trend percents for net…
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- How do i create an NPV graph on excel using these data: Unit Sale NPV 1,000,000.00 - 2,952,452.00 1,500,000.00 - 2,001,492.00 2,000,000.00 - 1,050,533.00 2,500,000.00 - 384,861.00 2,789,077.17 - 3,000,000.00 280,811.00 3,500,000.00 946,482.00 4,000,000.00 1,612,154.00 4,500,000.00 2,277,826.00Net sales OR 207000 Cost of the goods sold OR 165000 Closing Stock OR 8700 Details Debit Credit Salary 6500 Rent 14200 Interest Payable 750 Stationery 870 Insurance 1850 Dividend 900 What will be the Net Profit? Select one: a. RO 10030 b. RO 10780 c. RO 19480 d. RO 20230Year Advertising Expenditure ($000) Membership Subscriptions 2013 51 62 2014 58 68 2015 62 66 2016 65 66 2017 68 67 2018 76 72 2019 77 73 2020 78 72 2021 78 78 2022 84 73 2023 85 76 Forecast 2024 membership using moving average method, clearly explaining the limitations of this method. (show all workings)
- Consider a firm with a 2010 revenue of S60 million and cost of goods sold of $25 million lf the balance shert amount show $4million of inventory and $1.5 million ofproperty, plant & equipment how many weeks of suppiy does the fim bolat(2 weeksinoneyear)(use 2 decimals)Select oneO a.8.33O b.6.25Oc 13.75O d. 400Oe 12.50GB SalesRevenue 16800 Purchases 12800 Gross Profit 4000 Selling Expenses 2000 Admin Cost 7200 Operating Loss 5200 b) Calculate mark-up (in percentage to 2 decimal places) c) Calculate the margin as a % to 1 decimal place d) What is the operating profit margin percentage if the admin cost is reduced by 60%? Show this to 1 decimal place e) Define the following and provide respective examples with numeric calculations where possible: Trade discountBulk discountEarly settlement discount f) If a company has a mark-up of 37% and sales revenue of £163,970, then what is the cost of sales in whole £’s? g) If a company has a net margin of 15%, gross margin of 35% and costs of sale of £25,000, then what is the sales revenue and overhead?Q3: Lovett Company provides this information for the month of November, 2022: sales on credit $140,000; cash sales $50,000; sales discount $2,000; and sales returns and allowances $8,000. Prepare the sales revenues section of the income statement based on this information.
- Read the below information and answer the following questionsINFORMATIONExtract of the Statement of Comprehensive Income for the month ended 31 May 2022Sales 100 000Cost of sales 50 000Rent income 2 500Advertising 5 000Salaries and wages 15 000Rates and taxes 900Other operating expenses 20 000 Additional information1. Sales are expected to increase by 20% each month.2. Thirty percent (30%) of the sales is for cash and the balance is on credit. Collections from credit sales are asfollows:* 30% in the month of the sale, and these customers are entitled to a discount of 5%;* 65% in the month after the sale.The balance is usually written off as bad debts.3. Inventories are kept at a constant level. The business uses a fixed mark-up of 100% on cost. All purchases arefor cash.4. In terms of the lease agreement, the rental…Q4. Here and Gone, Inc., has sales of $18,572,496, total assets of $12,105,055, and total debt of $2,083,129. If the profit margin is 14 percent, what is ROA? Enter the answer with 4 decimal places (e.g. 0.1234).QWC 2016 $000 2017 $000 2018 $000 2019 $000 2020 $000 2021 $000 Current ratio 0.66 0.58 0.96 0.92 1.06 0.83 Quick ratio 0.43 0.37 0.58 0.53 0.49 0.57 Operating cash flow ratio 0.10 0.01 0.01 0.00 0.02 0.07 MMC Current ratio 2.37 2.23 2.07 1.89 2.74 2.16 Quick ratio 0.93 0.95 0.81 0.80 1.36 1.01 Operating cash flow ratio 1.02 0.72 0.96 0.47 0.32 0.52 Please interpret the ratio for both the companies. Not required to explain the theory just interpret the values for the following: 1) Current Ratio 2) Quick Ratio 3) Operating cash flow ratio
- INCOME STATEMENT Year ended June 30 2022 2021 $'000 $'000Revenue 22450 18675Cost of sales 8475 8055Gross Profit 13975 10620Distribution costs 4245 3120Administrative expenses 1276 2134Selling expenses…The following relates to a single sale of goods made by Spurs in 2023: Selling price P500,000Freight costs 5,000Terms 3/15, n/30Shipping Date December 28, 2023Date goods received by the customer January 3, 2024Date payment is received by Spurs January 5, 2024 Question:9. If the term is FOB destination, how much sales should be recorded by Spurs for the year ended December 31, 2023? a. P0b. P490,000c. P495,000d. P500,000SCRUMPTIOUS CUPCAKESProfit and loss accountfor the year ended 30 April 20202020£SalesSales 220,000Cost of sales 120,000Gross Profit 100,000ExpensesSalaries 24,000Other Fixed cost 4,800Distribution 3,000Advertising 4,500Rent 13,200AHUtilities 3,600Other Cost 4,00057,100Operating Profit 42,900 SCRUMPTIOUS CUPCAKESBalance Sheetas at 30 April 20202020£Fixed assetsIntangible assets -Tangible assets 35,000Investments -35,000Current assetsStocks 3,000Debtors 10,000Cash at bank and in hand 6,30019,300Written ReportsCreditors: amounts falling duewithin one year (11,300)Net Current Assets 8,000Total assets less currentliabilities 43,000Net Assets 43,000Capital and reservesCalled up share capital 100Profit and loss account 42,900Shareholders' funds 43,000 please calculate the folliwing ratios: Profitability Ratios – Gross Profit Margin, Net Profit Margin and ROCE● Liquidity – Current Test and Acid Test● Gearing● Activity/Performance – Stock Turnover, Debtors’ Collection Period and AssetTurnover…