RBYIYQQG7VOi1dyHlw/formResponseThis is a required questionConstantine Corporation has net income of P11.44 million and net revenue of P80million in 2012. Its assets are P14 million at the beginning of the year and P18million at the end of the year. What are Constantine's asset turnover and profitmargin? *ChooseThis is a required questionBoe Company has owners' equity of P400,000 and net income of P66,000. It hasa payout ratio of 20% and a rate of return on assets of 15%. How much did Boepay in cash dividends, and what were its average assets? *ChooseThis is a required questionPlano Corporation reported net income P24,000; net sales P400,000; andaverage assets P600,000 for 2012. What is the 2012 profit margin ratio? *ChooseThis is a required questionBackNextNever submit passwords through Google Forms.This form was created inside of Philippine Christian University. Report AbuseGoogle Forms /kjrRBYIYQQG7V011dyHlw/formResponse3rd Quarter: FA 2 Week 4 - Activity #4Your email address will be recorded when you submit this form.Not mdpanhao@pcu.edu.ph? Switch account* RequiredMultiple ChoicesA company's sales in 2010 were P300,000 and in 2011 were P351,00O. Using 2010as the base year, the sales trend percent for 2011 is: *ChooseO This is a required questionSammy Corporation reported net sales of P300,000, P330,000, and P360,000 inthe years, 2010, 2011, and 2012,respectively. If 201O is the base year, what is thetrend percentage for 2012? *ChooseThis is a required questionNet income was P500,000 in 2011, P450,000 in 2012, and P522,000 in 2013.What is the percentage of change from (a) 2011 to 2012 and (b) 2012 to 2013? Isthe change an increase or decrease?ChooseThis is a required question

Hi student Since there are multiple questions, we will answer only first question. If you want…

Constantine Corporation has net income of P11.44 million and net revenue of P80 million in 2012. Its assets are P14 million at the beginning of the year and P18 million at the end of the year. What are Constantine's asset turnover and profit margin? * Choose This is a required question

Constantine Corporation has net income of P11.44 million and net revenue of P80 million in 2012. Its assets are P14 million at the beginning of the year and P18 million at the end of the year. What are Constantine's asset turnover and profit margin? * Choose This is a required question

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Constantine Corporation has net income of P11.44 million and net revenue of P80 million in 2012. Its assets are P14 million at the beginning of the year and P18 million at the end of the year. What are Constantine’s asset turnover and profit margin? * Choose
Silas 4-Wheeler, Inc. has an ROE of 18.72 percent, equity multiplier of 2.00, and a profit margin of 18.00 percent. What is the total asset turnover and the capital intensity? (Round your answers to 2 decimal places.)
XYZ Corporation had the following data in 2022 below: Total assets = P300,000Gross profit margin = 25%Quick ratio = 0.80 xBond payable = P60,000Days sales outstanding = 36 daysDebt ratio = 50%Retained earnings = P97,500Times interest earned= 6 xInventory turnover = 5 xTotal assets turnover = 1.5 xNo. of days in a year = 360 days Tax rate = 35%Compute the interest expense.
XYZ Corporation had the following data in 2022 below: Total assets = P300,000Gross profit margin = 25%Quick ratio = 0.80 xBond payable = P60,000Days sales outstanding = 36 daysDebt ratio = 50%Retained earnings = P97,500Times interest earned= 6 xInventory turnover = 5 xTotal assets turnover = 1.5 xNo. of days in a year = 360 days Tax rate = 35%Compute the total liabilities.
The following information is provided for Sandhill Company and Indigo Corporation. (in $ millions) Sandhill Company Indigo Corporation Net income 2022 $125 $375 Net sales 2022 1540 4500 Total assets 12/31/20 1045 2010 Total assets 12/31/21 1220 3150 Total assets 12/31/22 1175 4070 What is Indigo's return on assets for 2022?
10. If the net income after tax of the company is P4,000,000, starting balance of assets is P500,000 and the ending balance of assets is P700,000, what is the return of assets? *a. 8b. 5.71c. 6.6667d. 3.3333 2. If the quick assets of the company amounted to P90,000, and the quick ratio is 9, how much is the current liabilities of the entity? *a. P810,000b. P89,997c. P90,009d. P10,000 7. If net sales amounted to P200,000, net income before tax is P80,000 and the income tax rate is 30%, how much is the profit margin ratio? *a. 0.40b. 0.28c. 2.5d. 3.57 8. Interest expense for the year amounted to P90,000. Income tax expense is P100,000. If net income after tax is P620,000, what is the times interest earned ratio? *a. 6.2b. 9c. 6.888d. P720,000 1. If current assets amounted to P600,000 and current liabilities amounted to P200,000, what is the current ratio of the entity? *a. P800,000b. P400,000c. 3d. 1/3 3. If net sales is P200,000 and the average accounts receivable is P50,000, what is…
Information below is related to Jea Maggie Ison’s Company Return on Sale 15%Asset turnover 3 timesDebt ratio 40% What is its Return on Equity? a. 0.7515 b. 0.5985 c. 1.125 d. 3.0015
XYZ Co. has current assets of OR 75000 and total assets of OR 210000. It has current liabilities of OR 45000 and total liabilities of OR 110000. If during the year he had drawings OR 7500, retained earnings OR 34000 & Net Profit for the year OR 12500. What will be the amount of XYZ's Opening Capital?
Nelson Company's current liabilities are P50,000, its long-term liabilities are P150,000, and its working capital is P80,000. If Nelson Company's debt-to-equity ratio is 0.32, its total long-term assets must equal O P625,000 O P825,000 O P745,000 O P695.000 Hydro Cable wishes to calculate their return on assets (ROA). You know that the return on equity (ROE) is 12% and that the debt ratio is 40%. What is the ROA? 0 4.8% O 20% 0 7.2% O 12% Tech Manufacturing Company realized P15,000,000 in sales, with a cost of goods sold of P6,000,000, gross profit margin of 45% of net sales, operating expenses of P4,500,000, tax rate of 35%, and average total assets of P6,500,000. What is Tech's Return on Assets (ROA)? O 42.5% O 50% O 45% O 47.75%
Alpha limited commenced business on 1January 2022 with a single item of inventory costing £120,000. During the year it sold the item for £180,000 in cash. Total inflation was 10% but the item specific inflation was 12%. Calculate the profit on the basis of each concept of capital maintenance and demonstrate the impact on the Equity of the Company.
CalcTech has $1.3M in current assets and $550,000 in fixed assets less $200,000 in accumulated depreciation. The firm’s current liabilities total $180,000, and the long-term liabilities $205,000. (a) What is the firm’s equity? (b) If the firm’s stock and capital surplus total $202,000, what is the value for retained earnings?
Bulldogs Inc. has a total asset and total sales of P1,500,000 and P4,500,000, respectively. If the net income of the firm is only 4% of the sales revenue, what is the return on asset? A. 1.33% B. 24% C. 4% D. 12%