Compute NET Profit margin ratio Income Statement (SM) Revenue Depreciation Other Operating Expense 2019 372 12 271
Q: Accounts payable are solely used for purchases of inventories from suppliers. All purchases are on…
A: Cash Flow Statement Cash Flow statement which can be prepared by using both Direct method and…
Q: Please help me answer this. Thank you.
A: Given that; The PH debt as of today amounts 12000000000000 The Philippines is estimated to have…
Q: b) A trader buys a set of accessories that is listed at RM8000 with trade discounts of 15% and 5%.…
A: “Since you have posted a question with multiple sub-parts, we will solve the first three subparts…
Q: How much is the share of Larry in the capital deficiency of James? Refer to data No. 1. how much is…
A:
Q: Kingsford Furnishings Company manufactures designer furniture. Kingsford Furnishings uses a job…
A: Materials which can be identified with the units of production are defined as direct materials and…
Q: Item Nos. 15 and 16 are based on the following information: On January 2, 200C, Glad, Happy, and Joy…
A: Ques 15: Joey's Opening Capital : 45000 Joey's Share of Cash : 7500 Hence, Joey's share of Loss on…
Q: Q1 Lawn Company's records for April disclosed the following data relating to direct labor:…
A: The variance is the difference between the actual data and standard output of the production.
Q: If Pluto Company sold 3000 units at sales price of SR45. The variable cost per unit is SR25.…
A: The contribution margin is calculated as difference between sales and variable costs.
Q: A Moving to another question will save this response. Question 9 Moon Co. decides to establish a…
A: Cash short and over account is expenses account. If ending balance of petty cash book is different…
Q: Martinez Co. borrowed $69,589 on March 1 of the current year by signing a 60-day, 6%,…
A: Introduction: Journals: Each and every business transactions are to be recorded in journals. All the…
Q: Company “Greek Inter-Logistics MTS” can choose among different projects A, B and C. The relevant…
A: Net present value shows the excess of present value of cash inflows over cash outflows.
Q: Al Rahami Shop started the year with total assets of OMR210,000 and total liabilities of OMR120,000.…
A: The net income is calculated as difference between revenue and expenses of the current period.
Q: Work in Process 2,268 b. Work in Process 2,268 Cash 2,268 c. Work in Process…
A: The act of recording or keeping track of any financial or non-financial action is known as a journal…
Q: If Pierce is to receive a final settlement of P 180,000, how much should be the proceeds from sale…
A: If Pierce is to receive a final settlement of P 180,000, proceeds from the sale of the non-cash…
Q: 10- Kingeade Corporation keeps careful track of the time required to fill orders. Data concerning a…
A: Formula used: Manufacturing cycle efficiency = Process time / Throughput time. Division of…
Q: Question 8 Al Bakara company report the following results for its calendar year December 31,2021.…
A: Introduction: A bad debt expenditure is a percentage of accounts receivable that your company…
Q: Prepare the necessary requirements and use journal, ledger Owner's Equity (300-399) 311 5C's,…
A: Journal Entries - Journal Entries are the recording of transactions of the organization. It is…
Q: During 2021, Cassandra Albright, who is single, worked part-time at a doctor's office and received a…
A: Form 1040 is a form that is used by the US citizens and NRIs to file their annual income tax…
Q: Sadie White receives an hourly rate of $30, with time and a data for the current week are as…
A: Payroll- The process of making payments to a company's employees is referred to as payroll.…
Q: 2) V and K were partners sharing profits and losses as 60% to V and 40% to K. Their Balance Sheet as…
A:
Q: The following financial statement Required: Fill the missing amounts. (Hint: There are 6 missing…
A: Lets understand the basics. As per balance sheet equation, total assets is always equal to total…
Q: Calculate Cost of Goods sold from the following? Opening stock OMR 20000, Carriage outwards OMR…
A: Formula: Deduction of closing stock from Opening stock and purchases derives the cost of goods sold.…
Q: ct
A: The expected rate of pay for workers to produce one unit of product is known as the standard rate…
Q: Sharif and Huda were partners sharing profit and loss in the ratio of 3:2. They decided to admit…
A: Introduction:- Journal entry is the first stage of accounting process. Journal entry used to record…
Q: The following investment portfolio of equity securities (all acquired during 2021) accounted for as…
A: You have posted multiple part question, so as per policy of Bartleby only first three parts will be…
Q: Partners Soul and Mate who have been dividing profits and losses in 2 points the ratio of 3:2.…
A: Partnership means the agreement between the two or more person to do the business together and share…
Q: Sunday, May 29, 2022 BUSINESS ACCOUNTING Journalize the following transaction: Mining corporation is…
A: By issuing common stock, preferred shares, or long-term debt, the organization can fundraise for the…
Q: siness and Managem -Column Worksheet using the data of EFFICIENT SERVICES as of December 31, 2021.…
A: Adjusting Entries- An adjusting journal entry is one that occurs in a company's general ledger at…
Q: Hi Tutor, Can you please write some comment for revised contribution margin I mean how it came and…
A: The difference between an actual measured outcome and a basis, such as a budgeted amount, is known…
Q: Research & Development. Edwards Corporation purchases a building for $2,000,000 which is to be used…
A: Introduction: Cost Plus Profit basis: A contract for research to be completed on a cost-plus basis…
Q: On November 1, 20x1, ABC discounted a P1,000,000, 90-day note, received from a customer on September…
A: Introduction: Accounts payable are a company's liabilities to its suppliers or other third parties.…
Q: Evoc Company Statements of Financial Position December 31 Intangibles and other assets. Property,…
A: Introduction: Working capital : Deduction of Current liabilities from Current Assets derives the…
Q: Tony Sanchez plans to retire and to withdraw 10 annual withdrawals that will start at P60,000 at the…
A: The initial deposit will be the sum of the present value of all the withdrawals in the future.
Q: DDs Partnership with partners D1 and D2 had a net income of P25,000 for the month of Sept 30, 2020.…
A: Partnership: It is a legal form of business operation between two or more individuals in order to…
Q: Question 10 Under O FIFO O LIFO O Weighted Average O Specific identification method, the ending…
A: LIFO : Under Last -In-First-Out method, materials received last are issued first. Thus materials…
Q: On January 1, 2022, Company A acquired 90% of outstanding ordinary shares of Company B at a price of…
A: The requirement is to compute the investment value under the cost method and the fair value method…
Q: Research & Development. Edwards Corporation purchases a building for $2,000,000 which is to be used…
A: Research and Development Expenses are expenses incurred on research or development of a new…
Q: On January 1, 2022, Company A acquired 90% of outstanding ordinary shares of Company B at a price of…
A: Separate Financial Statements (SFS) shall be presented by the Parent entity i.e., an Investor who…
Q: If Pluto Company sold 3000 units at sales price of SR45. The variable cost per unit is SR25.…
A: Formula: Contribution margin = Sales price per unit - Variable cost Deduction of variable cost from…
Q: Al Rahami Shop started the year with total assets of OMR210,000 and total liabilities of OMR120,000.…
A: Lets understand the basics. Net income is a remaining amount after deducting expenses from the…
Q: Moving to anothe Question 2 Prepare the journal entry for the following transactions for Famous…
A: The journal entries are prepared to keep the record of day to day transactions of the business on…
Q: 19. If Charlie received P 2,000 from the first distribution of cash, how much did Bruce and Demi…
A: As per our protocol we provide solution to the one question and you have asked three multiple choice…
Q: Using Use the data given in Exercise 12-9, except assume that on November 1, Sitco Products entered…
A: Speculation Forward Contract: The contract which pursue the counterparties to buy or sell an assets…
Q: The following is the Balance Sheet of Mohammed and Hamed who share profits in the ratio of 5:4.…
A: Notes: Let be Mohammed - 'A' ; Hamed - 'B' and 'Marwan' - 'C'. Adjusted to assets and liabilities…
Q: Answer should be presented as: DECREASE 123456 or INCREASE 123456 :During 2021, the first year of…
A: The process of recording business transactions in the books of accounts for the first time is known…
Q: The management of Sheridan Company is trying to decide whether it can increase its dividend. During…
A: The cash flow statement is prepared to record the cash flow from various activities during the…
Q: Using least square method, compute for the annual electricity cost if the machine hours use has a…
A: Least Square Method :- This is the best method to segregate semi-variable costs into its fixed and…
Q: At the beginning of April, Warren Corporation's assets totaled $247,000 and liabilities totaled…
A: Lets understand the basics. As per balance sheet approach, total assets is always equal to total…
Q: Item No. 22 is based on the following information: sand and IS 03 95 2011 mat After operating for…
A: Note: As per our guidelines, only the first question should 22. The net assets will be shared…
Q: 2 June 10 Land Common Stock Paid-in Capital in Excess of Par-Common Stock 268500 200000 68500
A: Lets understand the basics. When there is purchase of asset using issuing shares then entry need to…
9 )
Step by step
Solved in 2 steps
- Using the information from 27A prepare the following ratios: gross profit margin profit margin return on assets earnings per share current ratio acid test ratio debt ratio Indicate what each is used for (ie: measuring efficiency, solvency etc)Calculate the following ratios based on the balance sheet, income statement and cash flow prepared in question ROE Return on Capital Employed (post-tax) Net Profit Margin EBITDA Margin Effective Tax Rate Operating Cost Ratio Gross Profit Margin Total Asset Turnover Ratio Fixed Asset Turnover Ratio Receivables Turnover Ratio Leverage Ratio [Avg. Total Assets / Avg. Total Equity] FCF / EBITDA Interest Coverage Ratio Debt Service Coverage Ratio Basic EPS (Assume Face Value of each share is INR 10) Debt : Equity Ratio Income Statement (INR Cr) Units Mar/14 Saleable Units 4,570 Revenues Gross Revenues INR Cr 2,116 Less: Environment Cess INR Cr 5 Net Revenues INR Cr 2,121 Growth (%) -1.9% Expenses O&M Expenses (% of Project Costs) INR Cr 146 YoY Escalation 5.72% EBITDA INR Cr 1,974 Margin (%) 93.1% Book Depreciation INR Cr 439 Interest Expenses INR…DIRECTION: Compute the following PROFITABILITY RATIOS Gross Margin= Gross Profit/Net Sales Net Profit Margin= Net Profit/ Net Sales Return on Equity= Profit/Shareholder's Equity Return on Asset= Profit/Total Asset TREND ANALYSIS Net Income Growth Rate Total Assets Growth Rate And also compute the percentage beside the columns December 31, December 31, PERCENTAGE 2021 2020 USD USD Assets Current assets Cash and cash equivalents 34,115,412 25,681,845 Short-term financial instruments 71,417,748 80,798,680 Short-term financial assets at amortized cost 2,944,705 2,409,853 Short-term financial assets at fair value through profit or loss 35,624 62,452 Trade receivables 35,585,565 27,065,012 Non-trade receivables 3,930,828 3,150,548 Prepaid expenses 2,042,001 1,980,685 Inventories 36,172,043 28,007,314 Other current assets 4,441,629 3,281,589 Assets held-for-sale - 812,370 Total Current Assets…
- Can you do 2022 income statement of this table? Statement of Profit or Loss and Other Comprehensive Income Presentation Currency Nature of Financial Statements Revenue Revenue from Finance Sector Operations Total Revenue Cost of Sales Cost of Finance Sector Operations Total Costs Gross Profit (Loss) from Commercial Operations Gross Profit (Loss) from Finance Sector Operations Gross Profit (Loss) Profit (Loss) From Operating Activities Profit (Loss) Before Financing Income (Expense) Profit (Loss) from Continuing Operations, Before Tax Profit (Loss) from Continuing Operations Profit (Loss) from Discontinued Operations Net Profit (Loss) Profit (Loss) Attributable To, Non- controlling Interests Profit (Loss) Attributable To, Owners of Parent Other Comprehensive Income (Loss) Total Comprehensive Income (Loss) Total Comprehensive Income Attributable To, Non-controlling Interests Total Comprehensive Income Attributable To, Owners of Parent 2020/12 1000TL Consolidated 21.529.210 37.824.578…Calculate the common-sized percentage 2023. for Gross Margin inEXHIBIT 2 Selected Financial Data for Tesla, Inc., Years Ended December 31, 2015-2019 (in millions, except per share data) Income Statement Data: Revenues: Automotive sales Automotive leasing Total automotive revenues Energy generation and storage. Services and other Total revenues Cost of revenues: Automotive sales Automotive leasing Total automotive cost of revenues Energy generation and storage Services and other Total cost of revenues. Gross profit (loss) Operating expenses: Research and development Selling, general and administrative Restructuring and other Total operating expenses. Loss from operations Interest income Interest expense Other income (expense), net Loss before income taxes Provision for income taxes 2015 2 $3.432 309 3,741 14 291 4,046 Net loss Net loss attributable to noncontrolling interests and subsidiaries 2,640 183 2,823 12 287 3,123 924 7.189 922 1,640 (717) 2 (119) (42) (876) 13 $ (889) Years Ended December 31 2016 $5,589 $ 8,535 762 1.107 9,642 1.116 6,351…
- Common size Net sales Cost of sales Gross profit Selling, general and administrative expenses Other (income) expense, net Operating profit Interest expense, net. Income before income taxes Provision for income taxes Net income including interests Less: Net income attributable to interests Net income attributable to Dawning Company 2011 100.00 100.00 40.86 42.69 57.31 59.14 34.41 34.79 (0.05) 22.95 2010 0.31 22.64 7.38 15.26 0.38 22.04 2009 2008 2007 2006 7.18 14.86 100.00 100.00 41.23 41.20 58.77 58.80 0.72 1.93 22.42 23.59 34.46 34.84 35.70 3.61 20.35 0.75 0.50 23.08 19.60 100.00 100.00 40.41 41.08 59.59 58.92 7.44 6.31 15.64 13.29 4.04 19.84 1.25 18.59 35.21 5.49 18.22 Required: analyse and interpret the Common-Size Income statement on the company performance for the period 2006 to 2011 1.39 16.83 5.50 5.30 13.08 11.53 0.74 0.71 0.69 0.52 0.49 0.47 14.53 14.15 14.95 12.77 12.60 11.06Based on the income statement given calculate and explain the :profitability ratioa. Gross profit ratio = gross profit/net salesb. Operating margin ratio =operating income/net salesc. Asset Turnover ratio = net sales / total assetsd. Return on equity ratio = net sales/ shareholders equity Leverage ratioa. interest coverage ratio =operating income / interest expensesb. Debt service ratio=operating income/debt serviceBased on the income statement given calculate and explain the :profitability ratioa. Gross profit ratio = gross profit/net salesb. Operating margin ratio =operating income/net salesc. Asset Turnover ratio = net sales / total assetsd. Return on equity ratio = net sales/ shareholders equity Leverage ratioa. interest coverage ratio =operating income / interest expenses
- Information from the financial statements of the Heir Jordan Corporation are shown below. Prepare the pro forma financial statements and calculate EFN, assuming a 15 percent increase in sales, no new external debt or equity financing, and a constant payout ratio. Sales Costs Cash Accounts receivable Inventory Net plant and equipment Accounts payable Notes payable Long-term debt Common stock Retained earnings Dividends Net income Increase in sales Tax rate LA LA LA LA LA LA LA LA LA LA LA LA LA $ $ $ $ $ $ $ $ $ 46,000 37,600 2,950 4,100 6,400 41,300 2,400 5,400 28,000 15,000 3,950 2,880 6,552 15% 21%Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity Total assets Total stockholders' equity Current liabilities Target Corporation Income Statement Data for Year $65,357 45,583 15,101 707 (94) 1,384 $ 2,488 $18,424 26,109 Balance Sheet Data (End of Year) $44,533 $11,327 17,859 15,347 Walmart Inc. $44,533 $408,214 304,657 79,607 10,512 2,065 (411) 7,139 $ 14,335 $48,331 122,375 $170,706 $55,561 44,089 71,056 $170,706 Beginning-of-Year Balances $44,106 13,712 $163,429 65,682 55,390In composite analysis, the items in the Profit and Loss alc are expressed as a percentage of * Balance Sheet total Total sales Net Profit O Gross Profit