Notes RO '000 RO *000 Revenue Operating costs Gross profit 15 16 17,658 (11,102) 6,556 18,017 (11,385) 6,632 General and administrative expenses Finance costs - net 17 (646) (3,136) 21 2,795 (964) (3,438) 998 3,228 18 Other income Profit before tax Тах еxpense Profit and total comprehensive income for the year 20 _(460) 2,335 (591) 2,637 Basic and diluted profit per share for the year 23 0.033 0.037
Q: Compute the net profit if, Service Revenue OMR 110,000; Other income OMR12,000; s OMR 2,000 and…
A: Ans. Net profit is computed by deducting all direct and indirect expenses from the income received…
Q: Income Statements for the years ending 31 December 20X1 20X2 Sales Cost of sales Gross profit…
A: Ratio Analysis - Ratio Analysis helps the investors or general public to understand and make…
Q: Yanik Nunez Company Company les revenue $170,100 198450 les returns and allowances $ 9,450 11340…
A: b) Formula to complete gross margin percentage as given below: Gross margin percentage = (Gross…
Q: la given below. Income Statements for the years ending 31 December 2018 2019 £000 £000 £000 £00C…
A: "Since you have posted a question with multiple sub parts, we will solve first three sub parts for…
Q: 36. ABC Industries has the following acount balances: Retained eamings Revenue Operating Expenses…
A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…
Q: 877 Stargel Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2…
A: As posted multiple sub parts we are answering only first three sub parts kindly repost the…
Q: Problem 2: Sander Company presents the following information below: Sales Cost of Goods Sold Gross…
A: Sales = 970,000 Cost of goods sold = 387,000
Q: Use the following to answer questions 34 – 39 - ST reports the following income statement results:…
A: As requested to answer the number 39 so we are answering only 39.
Q: Year ended December 31 (in Smillions) 2006 2005 Total sales 610.1 558.8 (366) 192.8 Cost of sales…
A: Answer - Net Profit margin = net income / sales
Q: Prepare Operating income part Selling, general, and administrative expenses Accounts payable…
A: Formula: Gross profit = Net sales - cost of goods sold.
Q: Suresh Co. expects its five departments to yield the following income for next year.
A: The income statement which shows separate amount of incomes, revenues, expenses of each department…
Q: Sales 8.250.000.00 Operating costs 4,725.000.00 Operating income 3,525,000.00 Interest expense…
A: Formula: Economic value added (EVA) = Net operating profit after tax - Total invested capital x WACC…
Q: Tax rate 25% S 550,424,000 397,185,000 65,778,000 17,963,000 69,498,000 9,900,000 S 59,598,000…
A: EFN stands for external financing needed Change in sales = $550,424,000 - $660,508,800 =…
Q: FILL -UP THE MISSING AMOUNTS: Sales CGS GP 40% Expenses 421,800 Net Profit 58,200
A: The gross profit is calculated as difference between sales and cost of goods sold. The operating…
Q: Refer to the following financial information of Scholz Company: NOPAT…
A: Economic value added (EVA) = Net operating profit after tax - Total invested capital x WACC where,…
Q: In PHP Sales Cost of goods sold Gross profit Operating expenses Operating income Other…
A: In the context of the given question, we are required to compute the cash flow from operating…
Q: $175,000 $2,800 $297,000 $42,000 $7,400 $10,000 Cost of goods sold: Investment income: Net sales:…
A: Retained earnings = Net income- Dividends Gross Profit= Sales- COGS
Q: 14. PRENTICE A LEARNER Co. reported profit after tax of ₱210,000. PRENTICE’s income tax rate is 30%.…
A: Net income after taxes is indeed a monetary term used to depict an organization's benefit after all…
Q: Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 1…
A: As posted to solve only Question 6 so we are answering only that.
Q: The following extract relates to X Co for the years ended 30 June 20X5 and 20X6: 20X5 20X6 Revenue…
A: We have the following information: Revenue20X5: $20,00020X6: $26,000 Cost of Sales20X5:…
Q: OMR Net Sales 36000 Commission received 6430 Interest received 3570 Cost of goods sold 7400…
A: Total income means the profit earned by company after adding all income and deducting all cost and…
Q: HP 5 of goods sold s profit rating expenses rating income er income/charges mnterest expense…
A: Cash flow from operating activities is generally calculated based on the net income and non cash…
Q: Profit and loss accounts: - Alpha £000's £000's 420,000 Beta £000's £000's Turnover 315,000 Cost of…
A: Return on capital employed (ROCE) is one of a financial ratio which helps to analyse the ability of…
Q: ESTIMATED PROFIT AND LOSS ACCOUNT (INCOME STATEMENT) FOR KARACHI TRADERS LTD Revenue (5000 units @…
A: We will use Excel to amend the profit and loss statement Compared to original income statement:…
Q: (6,67 Puanlar) ABC Co its selected financial statements items are given as following. Total net…
A: Answer: Option b.) 2.57 is correct Solution:- Net Debt/EBITDA ratio = Net DebtEBITDA Net Debt is…
Q: In an income statement, total Sales and revenue in $230,000 and total operating expenses is $80.000.…
A: Solution Net income = Total sales and revenue - Total operating expenses - Tax.
Q: lf the income from operating 850 000 lD., other revenue and gains 150 000 lD ., income tax 40 000…
A: Given: Income from operating 850 000 lD Other revenue and gains 150…
Q: Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 1 20Y2…
A: Average Total assets = (Beginning Total assets + Ending Total assets) /2 Average Total assets =…
Q: Total revenue 1,448,956.00 463,666.00 652,030.00 100% 1,094,276.00 382,996.60 437,710.40 100% F&b…
A: Cost Control: Business expenses are identified and reduced through the practice of cost control and…
Q: Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 1 20Y2…
A: Ratio is defined as the metrics group that is used for measuring the profitability as well as…
Q: Sales revenue Cost of goods sold Salaries and wages expense Depreciation expense 120,000 $ 60,000…
A: Introduction: Gross profit : Deduction of Cost of goods sold from Sales revenue derives the Gross…
Q: Product W4 $16,000 $5,920 lle expenses xpenses for the entire company were $42,760.
A: Overall Break even point = total fixed cost/ weighted contribution Margin Overall Break even point…
Q: ASDF Corporate Income Statement Current Year Units Sold 100,000 $37.84 $3, 784,000 $1,284,000 Unit…
A: Break even unit sales can be described as the level of sale which generate enough revenue to cover…
Q: revenue from sales is P98,760; sales return is P35,500; cost of goods sold is P8,490; salaries cost…
A: Computation of gross profit as well as net profit are as follows:
Q: If the net profit 56 460 ID, other revenue and gains 4 360 ID, selling expenses 73 900 ID net…
A: Gross profit addresses the pay or benefits staying after the creation costs have been deducted from…
Q: Francis Company Net Sales Revenue Cost of Sales Interest Expense Net Income after tax Accounts…
A: Net Sales = Sales Revenue - Sales Returns - Sales Discounts
Q: FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2025 Common Size Percentage 2025 2025 2024 2024 Sales…
A: The income statement is prepared to find the net income or loss incurred during the period.
Q: Company Coreindi Co. Year Ended December 31, 20XX Revenue $9,475,323 Cost of Goods Sold ($) Gross…
A: Financial statements are the financial reports that show the financial performance of an entity…
Q: Sales $755,000 $ 620,000 Cost of goods sold other operating expenses Interest expense $445,450…
A: The asset turnover ratio relates the worth of a company's sales or revenues to the value of its…
Q: (in millions) Net Income Total Assets Total Liabilities Total RevenuesExpedia $ 723 $…
A: Net Profit margin is computed by dividing the net Income with the total revenues of the period,…
Q: The selling expenses 440 000 ID. , administrative expenses 240 000 ID., income from operating 630…
A: Income from operations seems to be the profit generated by a company's operational activities.…
Q: ales $910,000 oss on sale of equipment $8,000 Cost of goods sold $495,000 Operating expense $175,000…
A: Solution: Net sales is the sales reduced by sales returns and allowances. Operating income is…
Q: The following scenario relates to questions 16 – 20. Summary financial information for ABC Co is…
A: Net profit margin is Ratio of Net profit to revenue Net Profit Margin = Profit After Interest and…
Q: 10 ... anuaA of goods sold s profit ral, sales, and administrative expenses aciation perating income…
A:
Calculate the following Ratio:
Gross profit Ratio
Net profit Ratio
Step by step
Solved in 3 steps
- Use the below information to answer the following questions: 20202021Sales$11,573$12,936Depreciation 1661 1736Cost of goods sold 3979 4707Other Expenses 846 924Interest Expense 776 926Cash 6067 6466Accounts Receivables 8034 9427Short-term Notes Payable 1171 1147Long-term debt 20,320 24,696Net fixed assets 50,888 54,273Accounts Payable 4384 4644Tax rate 26% 34%Inventory 14,283 15,288Payout ratio 33% 30% A. Create the Income Statements for 2020 and 2021 (including dividends paid and retained earnings).SydMel Ltd Statement of financial position As of 30 June 2020. 2020 2019 Assets Cash at Bank 18000 - Account Receivable 34000 28000 Inventories 112000 96000 Land 40000 80000 Buildings 120000 120000 Accumulated depreciation-Buildings (10000) (6000) Equipment 72000 60000 Accumulated depreciation-Equipment (30000) (18000) Total assets 356000 360500 Liabilities Account Payables 52000 48000 Bank Overdraft - 20000 Equity Share Capital 214000 200000 Retained Earnings 90000 92500 Total liabilities and equity 356000 360500 SydMel Ltd Statement of profit and loss and other comprehensive income For the year ended 30 June 2020. 2020 income $ $ Sales revenue - 445500 Less: expenses Cost of sales 288000 Employee expenses 78000 Interest expenses 5000 Loss on…SydMel Ltd Statement of financial position As of 30 June 2020. 2020 2019 Assets Cash at Bank 18000 - Account Receivable 34000 28000 Inventories 112000 96000 Land 40000 80000 Buildings 120000 120000 Accumulated depreciation-Buildings (10000) (6000) Equipment 72000 60000 Accumulated depreciation-Equipment (30000) (18000) Total assets 356000 360500 Liabilities Account Payables 52000 48000 Bank Overdraft - 20000 Equity Share Capital 214000 200000 Retained Earnings 90000 92500 Total liabilities and equity 356000 360500 SydMel Ltd Statement of profit and loss and other comprehensive income For the year ended 30 June 2020. 2020 income $ $ Sales revenue - 445500 Less: expenses Cost of sales 288000 Employee expenses 78000 Interest expenses 5000 Loss on…
- In an economy, it has the following monetary asset information as of December 2019. Cash in the hands of the public = P300BDemand deposits = P400BOther Checkable Deposits = P150BTraveler’s checks = P50BSavings Type accounts = P2000BMoney Market Mutual Funds = P1000BSmall-Time Deposits = P500BLarge Time Deposits = P450B Determine the value of M1 and M2.SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…
- SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…
- SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…