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
icon
Related questions
Question
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).
Transcribed Image Text: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:
Transcribed Image Text: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:
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning