Calculate the Gaining Ratio.
Q: How are the ratios useful?
A: Answer: Ratio analysis is allowing a comparison two firm’s annual financial statement using certain…
Q: What is the carryover ratio? What parameters of the base does its value depend on?
A: Carryover Ratio The purpose of measuring the carryover ratio is to determine the ratio which are…
Q: advantages and disadvantages of using ratios
A: Accounting ratios are important metrics used to evaluate the financial position of a business…
Q: Begin by selecting the formula to compute the current ratio. Current ratio formula =…
A: Current ratio: The financial ratio which evaluates the ability of a company to pay off the debt…
Q: What is the difference between margin and markup?
A: Margin and Markup are two terms used for calculation of selling price of the product. Margin is also…
Q: What is Ratio Analysis? Briefly explain
A: Ratio Analysis: It is the procedure of analyzing and looking at money related data by determining…
Q: Define coefficient of variation (CV)
A: Coefficient of variation: The coefficient of variation is considered as a statistical measure that…
Q: Set out and explain the function of the p/e ratio
A: P/E ratio is a vital valuation ratio used in relative valuation methods. The function of pe ratio…
Q: Define comparative ratio analysis
A: Answer: Comparative analysis of the ratio is a method used by companies to judge the financial…
Q: What Is the Benefit-Cost Ratio Calculation?
A: Benefit-cost ratio: It can be defined as a financial ratio that shows a relationship between the…
Q: What ratio, profit, target, or margin is the most important?
A: Accounting Accounting refers to the keeping of a systematic record of business transactions…
Q: How do we calculate the quick ratio?
A: Quick ratio: Categorized under liquidity ratio Quick ratio which helps company to know the it's…
Q: Calculate Vertical and Horizontal Ratio Analysis?
A: Ratios refer to the measurement of the relation between two sums. In accounting, ratio analysis is…
Q: Calculate the Mean value
A: PERT technique refers to the techniques which are used to simplify the scheduling and planning of…
Q: Why is Quick Ratio deemed a better measure than the two other measures? Explain:
A: Quick ratio is used for measuring the short term liquidity position of the company and forms a part…
Q: Describe the measure based on an index, known as the benefit-cost ratio?
A: A benefit-cost ratio (BCR) is a proportion used to summarize the general connection between the…
Q: Explain gaining ratio
A: Introduction:- Gaining ratio may be defined as Gaining ratio is a type of financial tool, which…
Q: Explain the coefficient of variation?a
A: The coefficient of variation (CV) may be a statistical measure of the scattering of information that…
Q: Define efficiency ratios
A: Efficiency Ratios : These ratios are employed to evaluate the efficiency with which the firm manages…
Q: controllable margin
A: Controllable margin = Contribution margin - Controllable fixed costs
Q: Define the Sortino ratio and explain its advantage
A: Ratio analysis is referred to as the quantitative method for gaining an insight with relate to the…
Q: What is the P/D ratio? How can it be improved?
A: P/D ratio is more accurate way for anticipating what is really required. P/D ratio compares the…
Q: Explain quick ratio
A: The formula to compute quick ratio as follows:
Q: Calculate the current ratio
A: The current ratio is the ratio of current assets to the current liabilities. It shows the ability of…
Q: Write the equation for the Contribution margin?
A: Cost volume profit analysis: CVP analysis established the relation between cost, volume, and profit…
Q: what is quick ratio?
A: Ratio analysis: It refers to the quantitative technique of financial analysis that allows gaining an…
Q: explain the difference between margin and markup
A: Margin can be defined as the amount that is derived by deducting Cost of goods sold from sales. that…
Q: What is ratio analysis?
A: Ratio analysis: The analysis of a company using the financial ratios and comparing its trends and…
Q: What is the equation to find Contribution Margin?
A: Contribution margin: Contribution margin refers to the process or theory that is used to judge the…
Q: What is a cross rate?
A: Cross rate is an exchange rate of currency between two countries, but both countries are not using…
Q: WHAT IS THE TOTAL CURRENT RATIO?
A: Current ratio is a ratio used for measuring the liquidity of the business that how much current or…
Q: How is the Quick Ratio calculated?
A: Definition: Quick ratio: The financial ratio which evaluates the ability of a company to pay off…
Q: What is the geometric-gradient-series present-worth factor?
A: Present worth: It is the present value of future cash flows. The gradient is a change occurring in…
Q: Define gaining ratio and why is it calculated.
A: Gaining ratio: The gaining ratio is a ratio used to ascertain the amount of gain in profit…
Q: Write the equation for the Unit contribution margin?
A: Answer: Cost volume profit analysis estimates how cost changes in both fixed and variable, sales…
Q: Formula for quick ratio?
A: Quick ratio is an important financial ratio used to evaluate the liquidity of the company
Q: What is meant by the current ratio?
A: The current ratio is liquidity which measures the ability of the enterprise to pay its short-term…
Q: what is the quick ratio,
A: The quick ratio( also know as acid test ratio) is an state that a company’s short-term liquidity…
Q: What is the difference between the current ratio and the quick ratio?
A: Ratio analysis is a method of measuring the financial position of the organization with different…
Q: Describe the Define the term Benefit-Cost Ratio?
A: Cost benefit analysis is a quantitative approach used by top level management to evaluate the…
Q: How to calculate current ratio?
A: The current ratio is a financial ratio that measures whether or not a firm has enough resources to…
Q: solvency ratios
A: Solvency ratio indicates the company's ability to pay off its debt obligation.
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- The partnership of Michelle, Amal, and Maureen has done well. The three partners have shared profits and losses in a 1:3 ratio, with capital balances of $60,000 each. Maureen wants to retire and withdraw. Prepare a schedule showing how the cost should be divided if Amal and Michelle decide to pay Maureen $70,000 for retirement of her capital account and the new agreement will share profits and losses 50:50.P and Q are partners sharing profits in the ratio of 3:2. They admit R for 1/5th share of future profits which she acquires 3/20th from P and 1/20th from Q. Calculate New Profit sharing ratio and sacrificing ratio of old partners.Alka, Harpreet and Shreya are partners sharing profits in the ratio of 3:2:1. Alka retires and her share is taken up by Harpreet and Shreya in the ratio of 3:2. Calculate the new profit sharing ratio.
- Kumar, Lakshya, Manoj and Naresh are partners sharing profits in the ratio of3 : 2 : 1 : 4. Kumar retires and his share is acquired by Lakshya and Manoj inthe ratio of 3:2. Calculate new profit sharing ratio and gaining ratio of theremaining partners.Beth, Luz and Ana divide profit and loss in the ratio of 2:1:1 respectively, after giving a monthly salary of P10,000 to each partner and bonus of 20% to Beth. Determine the share of each partner and record the distribution on the following independent situations: a) Net income earned was P480,000 and bonus is based on the income before salaries and bonus. b) Net income earned was P480,000 and bonus is based on the income after salaries and bonus. c) Net loss for the year was P480,00 and bonus based on the net income before salaries and bonus.Show the solution in good accounting form John and Paul are partners who share profits and losses in the ratio of 3:2 respectively. John's salary is P180,000 and Paul's is P140,000. The partners are paid interest on their average capital balances where John received interest of P 30,000 and Paul, P 15,000. The profit and loss allocation is determined after deduction for the salary and interest payments. If John received P280,000 from partnership income, what was the total partnership income? *
- Mr. Azeem, Mr. Hashim and Mr. Shakeel are partners sharing profits in the ratio of 4:3:2. Mr. Azeem retires, and his share is taken up by Mr. Hashim and Mr. Shameel in the ratio of 3:2. Goodwill of the firm is valued on that date at OMR 30,000. 1.Calculate the new profit-sharing ratio of Mr. Hashim and Mr. Shakeel.Madhu, Neha and Tina are partners sharing profits in the ratio of 5:3:2. Calculate:new profit sharing ratio and gaining ratio if1. Madhu retires2. Neha retires3. Tina retires.P and Q are sharing profit and losses equally .With effects from current year they decided to share profits in the ratio of 4:3.Calculate individual partner’s gain and Sacrifice P gains 1/12th share and Q sacrifices 1/14th shareP gains 1/14th share and Q sacrifices 1/14th shareP gains 1/10th share and Q sacrifices 1/14th shareP gains 1/15th share and Q sacrifices 1/14th share
- Asha, Deepa and Lata are partners in a firm sharing profits in the ratio of 3 : 2 : 1. Deepa retires. After making all adjustments relating to revaluation, goodwill and accumulated profit etc., the capital accounts of Asha and Lata showed a credit balance of Rs. 1,60,000 and Rs. 80,000 respectively. It was decided to adjust the capitals of Asha and Lata in their new profit sharing ratio. You are requiredto calculate the new capitals of the partners and record necessary journal entries for bringing in or withdrawal of the necessary amounts involved.Partners Lim and Tan share profits in a 2:1 ratio, respectively. Each partner receives an annual salary allowance of P60,000. If the salaries are recorded in the accounts as a partnership expense rather that treated as a division of net income, the total amount allocated to each partner for salaries and net income would be: a. Less for both Lim and Tan. b. Unchanged for both Lim and Tan. c. More for Lim and less for Tan. d. More of Tan and less for LimPlease provide an explanation, thank you.17. Beth, Luz and Ana divide profit and loss in the ratio of 2:1:1 respectively, after giving a monthly salary of P10,000 to each partner and bonus of 20% to Beth. Determine the share of each partner and record the distribution on the following independent situations: a) Net income earned was P480,000 and bonus is based on net income before salaries and bonus. b) Net income earned was P480,000 and bonus is based on net income after salaries and bonus. c) Net loss for the year was P480,000 and bonus based on net income before salaries and bonus. (see attached image, kindly answer it based on your knowledge, thank you!)