a. Denali Limited, a manufacturing company, had the following income statement information: Revenue R.4,000,000 Cost of goods sold Rs.3,000,000 Other operating expenses Rs.500,000 Interest expense Rs.100,000 Tax expense Rs.120,000. Calculate Denali's gross profit. b. United Microelectronics Corp. (UMC) is a semiconductor foundry company based in Taiwan. As part of an analysis of management's operating efficiency, an analyst collects the following activity ratios from Bloomberg. Interpret the performance of company on basis of ratios. Ratio 2004 2003 2002 2001 DOH 35.68 40.70 40.47 48.51 DSO 45.07 58.28 51.27 76.98 Total asset turnover 0.35 0.28 0.23 0.22

a. Denali Limited, a manufacturing company, had the following income statement information: Revenue R.4,000,000 Cost of goods sold Rs.3,000,000 Other operating expenses Rs.500,000 Interest expense Rs.100,000 Tax expense Rs.120,000. Calculate Denali's gross profit. b. United Microelectronics Corp. (UMC) is a semiconductor foundry company based in Taiwan. As part of an analysis of management's operating efficiency, an analyst collects the following activity ratios from Bloomberg. Interpret the performance of company on basis of ratios. Ratio 2004 2003 2002 2001 DOH 35.68 40.70 40.47 48.51 DSO 45.07 58.28 51.27 76.98 Total asset turnover 0.35 0.28 0.23 0.22

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 3PA: Macon Mills is a division of Bolin Products. Inc. During the most recent year, Macon had a net...

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