Cash 300 450 750 Inventories 600 Account Receivable Advances, Deposits and Prepayments Investment in Marketable Securities Total current assets TOTAL ASSETS SHAREHOLDERS' EQUITY AND LIABILITIES: Shareholders' Equity: Preferred stock 500 400 40 50 250 350 1690 2000 3060 3450 100 100 Common stock: Tk. 10 par 100,000 shares Share Premium 1000 1000 400 500 Retained Earnings Long-term Liabilities: Long Term Loans Current Liabilities: 100 120 600 700 Short Term Bank Loans 200 275 Accounts payable Notes Payable Accruals 300 210 150 450 170 135 TOTAL SHAREHOLDERS' EQUITY AND LIABILITIES 3060 3 450 (BDT.) Question: 1 L a. Calculate and interpret the following ratio for 2017 &18: Current ratio, Fixed assets turnover, TIE ratio, ROA, DSO, OPM, ROI (any Four). Familytex (BD) Limited Income statement December 31, 2018 BDT. (Million) 1,700 1,000 700 Sales Revenue Less: COGS Gross Profit Less: Operating expenses Selling expenses General and administrative expenses Lease expenses Depreciation expense Total operating expense EBIT 70 120 40 100 330 370 Less: Interest expense 70 300 EBT Less: Tax rate (40%) Net profit after Tax Less: Preferred stock dividend Earnings available for common stockholders Earnings per share 120 180 10 170 Tk. 1.70 BALANCE SHEET December 17 December18 18(Million BDT) Fixed Assets: Plant and Equipment Land and building 1450 1570 820 350 870 Furniture and vehicles 380 Investment - Long Term Less: Accumulated Depreciation_ 50 1300 1370 30 1400 1450 Net Fixed assets Current Assets:
Cash 300 450 750 Inventories 600 Account Receivable Advances, Deposits and Prepayments Investment in Marketable Securities Total current assets TOTAL ASSETS SHAREHOLDERS' EQUITY AND LIABILITIES: Shareholders' Equity: Preferred stock 500 400 40 50 250 350 1690 2000 3060 3450 100 100 Common stock: Tk. 10 par 100,000 shares Share Premium 1000 1000 400 500 Retained Earnings Long-term Liabilities: Long Term Loans Current Liabilities: 100 120 600 700 Short Term Bank Loans 200 275 Accounts payable Notes Payable Accruals 300 210 150 450 170 135 TOTAL SHAREHOLDERS' EQUITY AND LIABILITIES 3060 3 450 (BDT.) Question: 1 L a. Calculate and interpret the following ratio for 2017 &18: Current ratio, Fixed assets turnover, TIE ratio, ROA, DSO, OPM, ROI (any Four). Familytex (BD) Limited Income statement December 31, 2018 BDT. (Million) 1,700 1,000 700 Sales Revenue Less: COGS Gross Profit Less: Operating expenses Selling expenses General and administrative expenses Lease expenses Depreciation expense Total operating expense EBIT 70 120 40 100 330 370 Less: Interest expense 70 300 EBT Less: Tax rate (40%) Net profit after Tax Less: Preferred stock dividend Earnings available for common stockholders Earnings per share 120 180 10 170 Tk. 1.70 BALANCE SHEET December 17 December18 18(Million BDT) Fixed Assets: Plant and Equipment Land and building 1450 1570 820 350 870 Furniture and vehicles 380 Investment - Long Term Less: Accumulated Depreciation_ 50 1300 1370 30 1400 1450 Net Fixed assets Current Assets:
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter8: Liabilities And Stockholders' Equity
Section: Chapter Questions
Problem 8.21E
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