5. The following information are related to Bacon Corporation:SalesAsset TurnoverPhp 15,000,0003.0xDebt to Equity RatioWeighted average outstanding shares1.5200,000 sharesAsset turnover only considered asset balance as of December 31. How much is the book value per share of BaconCorporation based on the foregoing information.a) Php75.00b) Php25.00c) Php15.00d) Php10.00

Calculation of Book Value per share Book value per share = Total Equity/ Number of equity shares…

Answered: 5. The following information are…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The following information are related to Spade Corporation:Sales P 15,000,000Asset Turnover 3.0 XDebt to Equity Ratio 1.5Weighted average outstanding shares 200,000 sharesAsset Turnover only considered asset balance as of December 31.How much is the book value per share of Spade Corporation based on the foregoing information?
(a) Calculate current Ratio and Quick Ratio from the followinginformation:Total Assets Rs. 350000Fixed Assets Rs. 175000Investment Rs. 70000Fictitious Assets Rs. 5000Share holders fund Rs. 200000Long term Debts Rs. 100000Inventory Rs. 45000(b) From the following information calculate the stock turnoverratio.Sales Rs. 200000, G.P 25% on cost, Opening Stock was 1/3rd of thevalue of closing stock. Closing stock was 30% of sales
Assume the following data for Cable Corporation and Multi-Media Incorporated. Multi-Media Incorporated Cable Corporation $ 39,800 352,000 409,000 $ 190,000 2,170,000 966,000 234,000 545,000 175,000 421,000 Net income Sales Total assets Total debt Stockholders' equity a. 1. Compute return on stockholders' equity for both firms. Note: Input your answers as a percent rounded to 2 decimal places. Cable Corporation Multi-Media, Incorporated 2. Which firm has the higher return? Return on Stockholders' Equity % %
Following was the Balance Sheet of X Ltd. as on 31 March, 2008. f Equity and Liabilities 3) Share Capital 40,000 Equity Share of 20 each 8,00,000 1,80,000 40,000 2,00,000 General Reserve Staterment of P&L 12% Debentures Current Liabilities 2,60,000 Total 14,80,000 Assets (2) Fixed Assets 10,00,000 Current Assets 4,00,000 Goodwill 80,000 14,80,000 On 31" March, 2008, Fixed Assets were valued as R 7,00,000 and the goodwill at R 1,00,000. The net profits for the past three years were; 2005-06: 1,03,200, 2006-07: 1,04,000, and 2007-08: 1,03,300. 20% of profits are transferred to reserves. The proportion is reasonable for company. Fair investment return may be taken at 10%o. Ignore taxation. Calculate the value of share as per (i) Net Assets Method, (ii) Yield Method.
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13. Following data relate to the financial statements of Moon Ltd. for the year ended 31st March, 2016 : Current Ratio Working Capital Acid Test Ratio Inventory turnover ratio (based on average cost of opening and closing inventory) G.P. Ratio 2.5:1 $ 45,000 Debt Collection Period Creditors Velocity Nominal value per share No. of shares allotted 36 days 54 days $ 5.00 25,000 1.4 :1 Fixed Assets : Shareholders Equity (Fund) Operating Ratio (Operating Expenses : Sales) No. of working days in the year 5 times 0.7:1 40% Earning per share Earning for the year as percentage of Share Capital There are no deferred expenses, prepaid expenses, long term liabilities and intangible assets. Opening stock was less by $ 4,000 than closing stock. All sales and purchases are credit sales and credit purchases respectively. You are required to prepare Statement of Profit & Loss for the year ended 31st March, 2016 and Balance Sheet as on that date. Working will form part of your answer. $1.00 90% 360 25%
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