Plano Corporation reported net income P24,000; net sales P400,000; and average assets P600,000 for 2012. What is the 2012 profit margin ratio? * Choose 6% 40%
Q: Accutune Audio reported the following amounts in its December 31, 2013, and 2012 financial…
A: Ratio analysis means where different ratio of various years of years companies has been compared and…
Q: Suppose that for 2010 Aquarius company's current assets totaled $60,000; total assets totaled…
A: Solution:- Introduction:- Debt to equity ratio is a financial ratio that measures the company's…
Q: Footfall Manufacturing Ltd. reports the following financial information at the end of the current…
A: Solution:- a)Preparation of Income Statement of Footfall Manufacturing Ltd. for the year ending…
Q: Using ratios to evaluate a stock investment Comparative financial statement data of Garfield Inc.…
A: Ratio analysis refers to the analysis of the company by computing the various ratios like current…
Q: REVENUE AND EXPENSE DATA FOR SOLDNER, INC ARE AS FOLLOWS; SALES 2014 1,500,000…
A: Gross profit=Sales-COGS Net profit=Gross profit-Expenses
Q: The following income statement data presented by VGP Company for the years ended December 31, 2020…
A: Variances usually used to see the progress between two years or budget vs actuals.
Q: Common-Size Income Statements Consider the following income statement data from the Ross Company:…
A: Comparative balance sheet used to compare the financial statement of two or more periods. It is…
Q: INCOME STATEMENT DATA FOR BEZOS COMPANY FOR THE YEARS ENDED DECEMBER 31, 2014 and 2013, ARE AS…
A: Income Statement shows all revenues and expenses of the business and at the end calculates net…
Q: Consider the following income statement data from the Ross Company: 2013 2012 Sales revenue…
A: ROSS COMPANYCommon-Size Income Statements(Percent of Sales Revenue) 2013 2012 Sales revenue…
Q: Revenue and expense data for Soldner Inc. are as follows: 2014 2013 Sales $1,500,000 $1,450,000…
A: The comparative income statement provides a comparative analysis of the income statements of two or…
Q: Use the information below to answer the questions below. Luther Corporation Consolidated Income…
A: Operating margin helps to determine the operating efficiencies of the company, it helps to determine…
Q: In 2016, the Allen corporation had sales of $67 million, total assets of $42 million, and total…
A: Sales = 67,000,000 Assets = 42,000,000 Liabilities = 19,000,000 Interest Rate = 6.3% Tax Rate = 35%…
Q: Net profit margin Gross profit margin Current ratio
A: As per the guidelines only three subparts are allowed to be solved. Please upload the questions…
Q: The most recent financial statements for Bello Co. are shown here: Income Statement Balance…
A: Sustainable growth rate is the growth rate which shows the maximum growth of the company without…
Q: Case 1 Given the following financial statements historical ratios, and industry averages, calculate…
A: The question is related to Ratio Analysis. The return on Asset will be calculated with the help of…
Q: Operating data for Krystal Corporation are presented below. 2013 2012 Net sales P600,000 390,000…
A: The vertical analysis evaluates the current performance of the entity and horizontal analysis…
Q: Abakada Trading Company are given below: 2014 2015 Revenue 1,939,500 1,674,675 Cost of Goods Sold…
A:
Q: Incomplete financial statements for ABC Company arc as follows:
A: Financial Ratio shows the strengths and weakness of a company. From these ratios one can compare…
Q: Ratios Compared with Industry Averages Because you own the common stock of Phantom Corporation, a…
A: Current Ratio:- It is the liquidity ratio that measures the company's ability to meet its short-term…
Q: Case 1 Given the following financial statements historical ratios, and industry averages, calculate…
A: The question is related to Ratio Analysis. The Inventory Turnover Ratio is calculated with the help…
Q: National Co. had P24,000,000 in sales last year. The company's net income was P500,000, its total…
A: The ratio analysis helps to analyse the financial statements of the business with assets and…
Q: The following information is available for Buhler Company: Annual Data 2013 2012 Net sales…
A: 1. Average Total assets = (Beginning Total assets + Ending Total assets) / 2 = ($6,500,000 +…
Q: Calculate profitability measures The following information was available for the year ended December…
A: Hi student Since there are multiple sub parts, we will answer only first three sub parts.
Q: The comparative statements of Osborne Company are presented below: OSBORNE COMPANY Income…
A: Given:
Q: Laflamme Inc. had the following operating results for 2018: sales $30,660, cost of goods sold =…
A:
Q: 10: Application of Financial Ratios Used to Measure Profitability The income statement of Garnet…
A: Profitability for any company can be ascertained or determined through these financial ratios :…
Q: Consider the following income statement and other information: Luther Corporation Consolidated…
A: Earnings per share = Net income/Number of shares outstanding
Q: statements for the year ended 30 September 2010 (and 2009 comparatives) are: 2010 RM’000 2009…
A: Given: The data is given as, 2010 RM’000 2009 RM’000 Revenue 29,500 36,000 Cost of sales (25,500)…
Q: Case 1 Given the following financial statements historical ratios, and industry averages, calculate…
A: miramiracle Answered 15 seconds ago 1. Earnings per share = $3.05 2. Price-earnings ratio = 12.95
Q: Income statement data for Bezos Company for the years ended December 31, 2014 and 2013, are as…
A: Horizontal analysis is prepared to show increase and decrease in amount by the line item. In this,…
Q: he following information is available for Buhler Company: Annual Data 2013 2012 Net sales…
A: Answer a) Calculation of Gross Profit Percentage for 2013 Gross Profit Percentage = Gross Profit for…
Q: In 2016, the Allen Corporation had sales of $62 million, total assets of $47 million, and total…
A: Given the following information: Sales: $62,000,000 Total assets: $47,000,000 Total liabilities:…
Q: The most recent financial statements for live co. Are shown here: income statement: sales $3,000,…
A: Calculation of internal growth rate: Answer: Internal growth rate is 5.15%
Q: Presented below is selected information for Brimmer Company: 2013 2012 Sales revenue $911,000…
A: Ratio analysis is used by the businesses to measure and analyse various aspects such as solvency,…
Q: From the following extract from a financial statement find the following ratios. 2012 2011 $000 $000…
A: Introduction:- Operating profit is the company earnings before allocation of interest expense and…
Q: Comparative income statements are available for Johanna's Fine Furs 2010 2009 P 850,000 325,000…
A: There are two methods of analysis: Horizontal analysis Vertical analysis Horizontal Analysis: It…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Profitability metrics The following selected data were taken from the financial statements of The O'Malley Group Inc. for December 31, 20Y5. 20Y4. and 20Y3: No dividends on common stock were declared between 20Y3 and 20Y5. a.Determine the return on total assets, the return on stockholders' equity, and the return on common stockholders' equity Tor the years 20Y4 and 20Y5. Round to one decimal place. b. What conclusions can be drawn from these data as to the company's profitability?Proforma balance sheet for the upcoming year is given. The estimated net income is $2,621.60. If the company is planning to pay $500 dividends, what should be the external financing needs (EFN)? Proforma (Balance Sheet Assets $20,972.80 Total $20,972.80 )(Debt $11,000.00 Equity $10,181.60 Total $21,181.60) Multiple Choicea. -$208.8.b. $291.2.c. $208.8.d. $500.e. -$500.Q4. Here and Gone, Inc., has sales of $18,572,496, total assets of $12,105,055, and total debt of $2,083,129. If the profit margin is 14 percent, what is ROA? Enter the answer with 4 decimal places (e.g. 0.1234).
- JUBILEE’s trial balance from the general ledger at 31 December 2012 showed the following balances:GH¢’mGH¢’mRevenue 2,648Loan note interest paid3Purchases1,669Distribution costs514Administrative expenses345Interim dividend paid6Inventories at 1 January 2012444Trade receivables545Trade payables434Cash and cash equivalents2850Gp ordinary shares100Capital surplus814Retained earnings at 1 January 20123494% loan note repayable 2018 (issued 2010)150Land and buildings: Cost (including GH¢60m land) 380 Accumulated depreciation at 1/1/201264Plant and equipment: Cost 258 Accumulated depreciation at 1/1/2012126Investment property at 1 January 2012548Rental income48Proceeds from sale of equipment7,4,7404,740Further information to be taken into account:i. Closing inventories were counted and amounted to GH¢388m at cost. However, shortly after the year end out-of-date inventories with a cost of GH15m were sold for GH¢8m.ii. The company decided to change its accounting policy with respect to its 10…From the balance sheet prepare a proforma income statement where revenues can increase by 2% and the firm can borrow at 5.5% BALANCE SHEET 2021 Cash and cash equivalents 280 Receivables 2588 Inventory 2516 Other CA 189 TOTAL CA 5573 Fixed assets 5024 TOTAL ASSETS 10597 Accounts payable 4713 Short term debt 78 TOTAL CL 4790 LT debt 921 Shareh. Equity 4886 TOTAL LIAB. AND SHARH. EQUITY 10597 INCOME STATEMENT 2021 Sales 19418 COGS 13136 Depreciations 354 SG&A 4952 EBIT 976 Interest Expenses 52 Tax 268 Net income 656 Pro-forma statement Pro Forma Forecasts Actual Projected Projected Projected Projected Projected 2021 2022 2023 2024 2025 2026 COGS/REVENUES SGA/SALES INVENTORIES/COGS OTHER CA/SALES AR/SALES AP/COGS SALES/FIXED ASSETS DEPR/ FIXED ASSETS EQUITY/INVESTED CAPITAL ST DEBT/INVESTED…(a) You are required to calculate and state the missing figures represented by alphabet . ABC Ltd Ghs ‘000 XYZ Ltd Ghs ‘000 Turnover 8,030 7,300 Cost of sales 4,818 J Stocks 1,800 1,392 Bank 40 238 Trade creditors A 370 Accruals 100 120 Gross profit B K Gross profit Margin % C 42% Distribution costs 1,606 1,320 Admin expenses 600 480 Debtors D 800 Net current assets E L Operating profit 1,006 1,266 Interest 200 200 Net Profit F M Net Profit Margin % G N Plant and machinery 4,000 3,960 Ordinary shares of Ghs1 900 900 Retained profit 3,120 O 10% debenture 2,000 2,000 Current assets H 2,430 Current liabilities 1,100 P Equity I 3,500
- Active Fast Berhad has the following income statement items for 2021: Revenue/Sales RM559,236 Cost of goods sold RM311,003 EBIT RM248,233 Interest expenses RM93,938 Income tax expenses RM54,003 Dividend payment 40% of net profit What is the amount of the firm's retained earnings? Select one: a. RM163,438 b. RM60,175 c. RM40,117 d. RM148,910The following information is about Green Tea Ltd. Year Net income ($’000 000) Beginning book value of equity ($’000 000) 1 32 42 2 28 39 3 44 47 Required: Calculate Equity value using discounted abnormal earnings valuation method. The cost of capitalis 10%.JEY-4322 Inc. reported the following data for last year: JEY-4322 Inc.Balance Sheet Beginning BalanceEnding BalanceAssets Cash$ 128,000$ 139,000Accounts receivable331,000481,000Inventory567,000471,000Plant and equipment, net894,000869,000Investment in Tesla Inc.400,000428,000Land (undeveloped)246,000249,000Total assets$ 2,566,000$ 2,637,000Liabilities and Stockholders' Equity Accounts payable$ 382,000$ 341,000Long-term debt981,000981,000Stockholders' equity1,203,0001,315,000Total liabilities and stockholders' equity$ 2,566,000$ 2,637,000 JEY-4322 Inc.Income StatementSales $ 3,880,000Operating expenses 3,336,800Net operating income 543,200Interest and taxes: Interest expense$ 111,000 Tax expense197,000308,000Net income $ 235,200 JEY-4322 Inc. paid dividends of $123,200 last year. The “Investment in Tesla Inc.” item on the balance sheet represents an investment in the stock of another company. The company's minimum required rate of return is 15%. What was the company’s residual income…
- If answered within 30mins,it would be appreciable!!! Q3. XYZ Company has the following financial data: Particulars Amounts (SAR) Total Profit for the Year 377,500 General Takaful Assets (Year 2014) 1,390,000 General Takaful Assets (Year 2015) 1,517,500 Cash 11,500 Short-term Investment 23,500 Short term liabilities 85,000 Underwriting Surplus Distributable to Participants/Participants' Share of Profit 145,500 Gross Contribution 958,000 Net Contribution 662,500 Wakalah Fee 77,500 Commission Paid 28,300 Management Expense 58,000 Net Claim Incurred 287,500 Earned Contribution 632,500 You are required to calculate: Return on Assets Quick Liquidity Surplus Distribution Ratio Expense Ratio Claims Ratio This all question nothing moreComparative Balance Sheets ($ in thousands) December 31 2024 2023 Assets: Cash $ 59 $ 46 Accounts receivable 115 135 Short-term investments 56 46 Inventory 230 158 Property, plant, and equipment (net) 660 595 $ 1,120 $ 980 Liabilities and Shareholders’ Equity: Current liabilities $ 270 $ 225 Bonds payable 175 175 Paid-in capital 445 445 Retained earnings 230 135 $ 1,120 $ 980 Questions Determine the return on shareholders’ equity for 2024. What does the ratio measure?Using a BalanceSheetMOON CORPORATIONBALANCE SHEETJULY 31, 2011Assets Liabilities & Owners’ EquityCash . . . . . . . . . . . . . . . . $ 18,000 Liabilities:Accounts Receivable . . . 26,000 Notes PayableLand . . . . . . . . . . . . . . . . 37,200 (due in 60 days) . . . . . . . . . . . . . $ 12,400Building. . . . . . . . . . . . . . 38,000 Accounts Payable . . . . . . . . . . . . . 9,600Office Equipment . . . . . . 1,200 Total liabilities . . . . . . . . . . . . . . $ 22,000Stockholders’ equity:Capital Stock . . . . . . . . . $60,000Retained Earnings. . . . . 38,400 98,400Total . . . . . . . . . . . . . . . . $120,400 Total . . . . . . . . . . . . . . . . . . . . . . . . . $120,400STAR CORPORATIONBALANCE SHEETJULY 31, 2011Assets Liabilities & Owners’ EquityCash . . . . . . . . . . . . . . . . $ 4,800 Liabilities:Accounts Receivable . . . 9,600 Notes PayableLand . . . . . . . . . . . . . . . . 96,000 (due in 60 days) . . . . . . . . . . . . . $ 22,400Building. . . . . . . . . . . .…