Babykita merchandising has 1,000,000 common shares with each share priced at P8. In 2017, the company declared dividends of P0.10 per share. The balance sheet at the end of 2017 showed approximately the same amounts as that at the end of 2016. The financial statements of Lyn Merchandising are as follows: BabyKita Merchandising, Income Statement for 2017 (In Thousands) Sales P4,700.00 Cost of Goods Sold (2,300.00) Gross Profit P2,400 Operating Expenses:
- Babykita merchandising has 1,000,000 common shares with each share priced at P8. In 2017, the company declared dividends of P0.10 per share. The balance sheet at the end of 2017 showed approximately the same amounts as that at the end of 2016. The financial statements of Lyn Merchandising are as follows:
BabyKita Merchandising, Income Statement for 2017 (In Thousands)
Sales P4,700.00
Cost of Goods Sold (2,300.00)
Gross Profit P2,400
Operating Expenses:
Others 1,230 (1,550)
EBIT P850
Interest Expense (150)
Earnings Before Tax P700
Income Tax (280)
NET INCOME P420
BabyKita Merchandising, Balance Sheet at December 31, 2017 (In Thousands)
ASSETS LIABILITIES AND STOCKHOLDER’S EQUITY
Cash P220 Accounts Payable P190
Accounts Rec 440 Accrued Expenses 180
Inventory 410 Total Current Liabilities P370
Total Current Assets 1,070 Long-term Debt 1,960
PPE 5,600 Common Stocks 1,810
TOTAL ASSETS P4,570 TOTAL LIAB AND SHE P4,570
1. Find the Defensive Interval Ratio
2. Find the Payout Ratio
3. Find the Operating
4. Find the Operating Cash Flow Margin
5. Find the Yield Ratio
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