The following is available for Golden Corporation for les 2,000,000 rerage invested capital (assets) 500,000 et income 300,000 ost of capital 18%
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- The following is available for Golden Corporation for 2019: Sales 2,000,000 Average invested capital (assets) 500,000 Net income 300,000 Cost of capital 18% What is the residual income for Golden Corp.? P – 0 - P 200,000 P 210,000 P 246,000 Group of answer choices 1 2 3 4Q39. Balance Sheet had the following amounts as at 31st March, 2019: $ Current Assets 10% Preference Share Capital Equity Share Capital 5,00,000 15,00,000 Current Liabilities Securities Premium Reserve Reserve and Surplus 1,00,000 Investments (in other companies) 4,00,000 Fixed Assets -Cots 30,00,000 Depreciation Written off Long-term from IDBI @ 9% Calculate ratios indicating the long-term and the Short-term financial position of the company. $ 12,00,000 8,00,000 2,00,000 60,00,000 14,00,000B. Working Capital = Current Assets - Current Liabilities 2021 = Working Capital $263,000 - $50,000 $213,000 2022 Working Capital = $347,000 $69,000 = $278,000 Current Ratio = Current Assets Current Liabilities 2021 2022 Current Ratio = $263,000 $50,000 $347,000 $69,000 = 5.3:1 5.0:1 Debt to Total Assets = Total Liabilities Total Assets 2021 2022 = $180,000 $382,000 $184,000 $487,000 = 47.1% 37.8% C. The working capital has increased between 2021 and 2022, indicating greater liquidity for the firm in its ability to pay its current liabilities as they become due. The current ratio has decreased between 2021 and 2022; however, it is still quite high. Note also that there is a substantial portion of the current assets in cash and accounts receivable, which may be converted into cash quickly (assuming the receivables are collectible). The company, therefore, should not have any problems in paying its current liabilities as they become due. The debt to total assets indicates the percentage…
- • The following is available for Golden Corporation for 2019: Sales 2,000,000 Average invested capital (assets) 500,000 Net income 300,000 Cost of capital 18% What is the return on investment for Golden Corp.? 1. 15% 2. 18% 3.33% 4. 60% O 1 O 2 3. 4Sonic Corporation recorded current assets of $345,200 and current liabilities of $318,650 for year 2020. Compute for Sonic's working capital for the year. Select one: a. $663,850 b. $26,550 O C. 92% d. 1.08Some selected financial statement items belonging to MNO Company are given in the table below. According to this information, which of the following is Return on Assets (ROA) in 2021? Inventory 12,500Total Assets in 2021 110,000Current Liabilities 40,000Total Assets in 2020 90,000Net Profit 12,000Shareholders' Equity 65,000 Select one:a. 0.12b. 0.10c. 0.18d. 0.13
- These are the information of Talc Inc. for the year 2020· Net assets, Jan.1, 2020- P1,000,000· Net assets, Dec. 31. 2020- P2,000,000· Share capital issued in 2020- P300,000· Dividends declared in 2020- P100,000How much is the profit or loss for 2020?Prablam ABC Patnershp was formed in year 2021 aunt setore datrouton of prott and loss. the followng accounts appeared in the books of the panmership the end eof year 2021 A capital 31 5,000 1 75,000 TO1 1 115.000 B. capital 20 000 V1 30 90,000 60,000 C, capital V T 25 |01 100,000 Revenue and epense summary 240.00 X If profits ore divided os follous, whaot is the share of A?" a. An 8% interest is given to each partners' average capital. b. Partners A and 6 will receive P2,500 monthly salary while partners C will receive P3,000 monthly c. 10% bonus based on income after salaries, interest and bonus is given to partner A d. Residual income is divided equally.The following information relates to Basic Lid. for the year ended 31" December 2021: Net working capital RO. 1.200.000 Fixed assets to proprietor's fund ratio 0.75 Working capital turnover ratio 5 timeg Return on Equity 15% Current liabilities RO. 400.000 Long term Debts 0 You are required to calculate: Proprietor's funds Fixed Assets Current assets Net profit ratio Current ratio
- 13 - ABC Company's selected financial statements items are given as following. Its cash and cash equivalent 5.000 TL, account receivable 8.000 TL, inventory 6.000 TL, financial debt 9.000 TL, account payable 7.000 TL for the year 2020. Calculate Operating Net Working Capital for 2020. a) O 7000 b) O -3000 c) O 4000 1383170 d) O 3000B-Box Berhad had net income of RM150,000 on sales of RM5,000,000 during 2019. The firm's total assets were RM2,500,000 and its capital structure is comprised of 40% debt and 60% equity. What was B-Box retuen on equity in 20197 A. 15%. B. 2.5% C. 10% D. 8.5%. 17. 18. Which of the following parties would be interested in an analysis of the firm's financial statements? A. Investors B. Creditors C. The firm's managers D. Employee E. All of the aboveConsider 2021 consolidated balance sheet and income statement for Pfizer Corporation (PFE). The company projects that its revenue for 2022 will grow at the annual rate of 50%. > All assets are assumed to grow at the same rate as sales. > All current liabilities are assumed to grow at the same rate as sales. All operating expenses are assumed to grow at the same annual growth rate as sales. All non-operating income/expenses as well as depreciation and amortization are assumed to remain at the same level as they were in 2021. For the time being, the company wants to keep its long-term debt at 2021 level. Company plans to keep the same dividend payout ratio as it did in 2021. Balance Sheet as of December 31, 2021 Assets Liabilities and Owner's Equity Current Assets Current Liabilities Cash & Short Term 31,069 Current Portion of Long Term Debt 1,636 Investments 11,479 Accounts Payable 9,059 | Income Tax Payable 8,086 Other Current Liabilities Dividends Payable Accrued Payroll Notes Payable…