Provide correct answer for this accounting question Calculate the stock in thebeginning in the followingcase:Sales Rs 1,00,8000; PurchasesRs 67,200; Closing Stock Rs4,800; Gross Loss on cost 1/8.

Step 1: Define Opening StockEvery accounting year, the company has some inventory left over from the…

Answered: Calculate the stock in the beginning in…

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter24: Analysis Of Financial Statements

Section: Chapter Questions

Problem 6CE

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Sanedrin Company has an earnings per share (EPS) of $4.50, a value per share of $45 and a market value of $38. Calculate the price/earnings ratio (P/E).
Renew Company has an earnings per share (EPS) of $3.50, a value per share of $35, and a market value of $36. Calculate the price/earnings (P/E) ratio.
Which company stock is better to invest and why
FROM THE FOLLOWING, CALCULATE PROFITABILITY RATIOS.TRADING AND PROFIT AND LOSS ACCOUNT OF MMR & CO.FOR THE YEAR ENDING 31.12. 2019(HORIZONTAL FORMAT)PARTICULARS $ PARTICULARS $Opening stock 199,000 Sales 1,700,000Purchases 1,119,000 Closing stock 298,000Gross profit 680,0001,998,000 1,998,000Administrationexpenses300,000 Gross profit 680, 000Selling expenses 60,000 Interest 18,000Financeexpenses30,000Loss on sale ofplant8,000Net profit 300,000698,000 698,000
Measures of liquidity, solvency, and profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was 82.60 on December 31, 20Y2. Instructions Determine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-share amounts): 1. Working capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days sales in receivables 6. Inventory turnover 7. Number of days sales in inventory 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders equity 10. Times interest earned 11. Asset turnover 12. Return on total assets 13. Return on stockholders equity 14. Return on common stockholders equity 15. Earnings per share on common stock 16. Price-earnings ratio 17. Dividends per share of common stock 18. Dividend yield
Selected information for Berry Company is as follows: Berrys return on equity rounded to the nearest percentage point is: a. 20%. c. 28%. b. 21%. d. 40%.
Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the balance sheet date, MJOs stock was selling for S25 per share. Required: Assuming MJOs dividend yield is 1%, what are the dividends per common share? Assuming MJOs dividend yield is 1% and its dividend payout is 20%, what is MJOs net income?
A company has EPS of $2.40, a book value per share of $21.84, and market/book ratio of 2.7X. What is the P/E ratio?
Calculate ratios such as or all profitability ratios: Gross profit ratio net profit ratio operating profit ratio operating ratio or operating cost ratio
ABC Company provides the following details: Rf = 7% B = 1.20 Rm - Rf = 6% CALCULATE the cost of retained earnings based on CAPM method.
Solution gives as: 1- Current ratio ? :1 2- Return on common stockholders equity ? % 3- Price Earnings Ratio ? Times 4- Accounts receivable turnover ? Times 5- Times interest earned ? Times 6- Profit Margin ? % 7- Days in inventory ? Days 8- Payout Ratio ? % 9- Return on Assets ? %
Determine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-share amounts): Return on common stockholders' equity Earnings per share on common stock Price-earnings ratio Dividends per share of common stock Dividend yield

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Calculate the stock in the beginning in the following case: Sales Rs 1,00,8000; Purchases Rs 67,200; Closing Stock Rs 4,800; Gross Loss on cost 1/8.