aternet location and might be unsafe. Click for more details.• 612. From the following data, calculate (a) Gross profit ratio (b) Net profit ratio.RO 300,000RO 60,000RO 200,000RO 20,000SalesCost of salesNet profitSales Returns3. From the following data, calculate (a) Gross profit ratio (b) Net profit ratio.RO 320,000RO 70,000RO 40,000RO 80,000RO 25,000RO 25,000RO 140,000RO 20,000SalesSales returnsOpening stockDirect expensesNet profitClosing stockPurchasesPurchase returns4. From the following data, calculate (a) Gross profit ratio (b) Net profit ratioRO 50,000RO 5,000RO 3,000RO 35,000RO 1,500RO 2,000SalesPurchasesOpening stockClosing stockSelling expensesAdministration expenses5. From the following data, calculate (a) Gross profit ratio (b) Net profit ratio(c) Return on capital employedOpening stockPurchasesAdministration expRO 15,000RO 80,000RO 13,000SalesClosing stockDistribution expenses RO 12,000Capital employedRO 40,000RO 8,000RO 95,000aW

“Since you have asked multiple questions, we will solve the first question for you. If you want any…

2. From the following data, calculate (a) Gross profit ratio (b) Net profit ratio. RO 200,000 RO 20,000 Cost of sales RO 300,000 RO 60,000 Sales Net profit Sales Returns 3. From the following data, calculate (a) Gross profit ratio (b) Net profit ratio. RO 25,000 RO 25,000 RO 140,000 RO 20,000 Sales RO 320,000 Sales returns Opening stock Direct expenses Net profit Closing stock Purchases Purchase returns RO 70,000 RO 40,000 RO 80,000

2. From the following data, calculate (a) Gross profit ratio (b) Net profit ratio. RO 200,000 RO 20,000 Cost of sales RO 300,000 RO 60,000 Sales Net profit Sales Returns 3. From the following data, calculate (a) Gross profit ratio (b) Net profit ratio. RO 25,000 RO 25,000 RO 140,000 RO 20,000 Sales RO 320,000 Sales returns Opening stock Direct expenses Net profit Closing stock Purchases Purchase returns RO 70,000 RO 40,000 RO 80,000

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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please show how you got it: The following information relates to Star Outlet Opening stock: 1 000 000 Purchases 300 000 Closing sto k 500 000 The cost of Sales is: A. 1 800 000 B. 800 000 C. 700 000 D. 200 000 E. None of the above''
Please provide the following: • quick ratio • inventory turnover • account receivable Important note: please follow the formula on the lesson attached (photo)
The following table shows some selected financial information of Quartz Company. According the given information, which of the following shows the Gross Profit Margin correctly? Sales 75000 Purchases 28000 Sales Returns 2000 Closing Inventory 4000 Opening Inventory 7000 Select one: O a. 0.57 O b. 0.53 O c. 0.04 O d. 0.42
2 The following information have been taken from the Oman Company: Interest revenue 60 Beginning Inventory 1000 Common stock, $5 par 100 Sales 2,000 purchased inventory 1000 Fee revenue 40 Income taxes 30% Total stockholders' equity 800 market price of the company's stock 35 Interest expense 50 Ending Inventory Preferred stock, $2 par 230 sales discounts 30 150 Freight out 100 What is the Price-earnings ratio? Select one: O 4.87 None of the answers is correct O 4 6.66 11.24 O 5.2
Mukhi Don't upload any image please
Presented below are selected account balances for Skysong Co. as of December 31, 20X1. Inventory 12/31/X1 Common Stock Retained Earnings Dividends Sales Returns and Allowances $60,380 73,910 44,880 18,039 Cost of Goods Sold Selling Expenses Administrative Expenses Income Tax Expense $224,260 16,250 37,419 29,860 11,879 Sales Discounts 15,240 Sales Revenue 417,310 Prepare closing entries for Skysong Co. on December 31, 20X1.
1. The following is the income statement of Al Kawther Trading LLC for the year end 2019. Income Statement RO Sales 124670 Less: Cost of Goods Sold Opening inventory 13455 Add: Purchases 71320 Less: Closing inventory -9875 (74900) Gross Profit 49770 Other Income : Dividend received from shares and bonds 6,000 Total Income 55770 Less: Operating Expenses Cost of Computers 2500 Salary & Wages 12400 Customs duty 450 Reserve for Bad debts 1200 Motor expenses 7500 Fire Insurance (for goods) 800 Donation 2000 Municipality taxes 2300 (29150) Net Profit 26620 Additional Information: a) Bad debts of 2018 of RO500 recovered in this year. Such bad debts were deductible expenses in the concerned year and not included in current year profit. b) The accountant overvalued opening inventories by RO245 and undervalued closing inventories by RO160. c) The company owned motor vehicle cost RO15000. In the law the depreciation rate attracted @ 33.33%. In the current year company also paid for repair…
6. From the following data, calculate (a) Gross profit ratio (b) Net profit ratio (c) Return on capital employed. Sales returns RO 300,000 RO 70,000 RO 40,000 RO 40,000 Reserve and Surplus RO 25,000 Sales Opening stock Direct expenses Net profit Closing stock Purchases Share Capital Long term Loans RO 10,000 RO 25,000 RO 140,000 RO 100,000 RO 50,000
Following are the given figures: Opening Stock Rs. 30,000, Carriage On Sales Rs. 3,000; Closing Stock Rs. 28,000; Rent Of Office Rs. 5,000, Purchase Rs. 85,800, Sales Rs. 1,40,700, Carriage On Purchase Rs. 2,300; Selling Expenses Rs. 600; Drawings Rs. 10,000; Gross profit will be A Rs 50,000 O b. Rs 47,600 C Rs 42,600 O d. Rs 50,600
what does the percentages mean in vertical analysis? Year 4 % of Sales Year 3 % of Sales Assets Current Assets Cash $ 40,000 6.67 $ 36,000 6.67 Marketable Securities 20000 3.33 6000 1.11 Accounts Receivable 54000 9.00 46000 8.52 Inventories 135000 22.50 143000 26.48 Prepaid Items 25000 4.17 10000 1.85 Total Assets current 274000 45.67 241000 44.63 Investments 27000 4.50 20000 3.70 plant net 270000 45.00 255000 47.22 Land 29000 4.83 24000 4.44 Total Assets $ 600,000 100.00 $ 540,000 100.00 Liabilities and Stock equity Liabilities Current Liabilities Notes payable $ 17,000 2.83 $ 6,000 1.11 Accounts payable 113800 18.97 100000 18.52 salaries payable 21000 3.50 15000 2.78 Total current liabilities 151800 25.30 121000 22.41 Noncurrent liabilities…

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