Constantine Corporation has net income of P11.44 million and net revenue of P80 million in 2012. Its assets are P14 million at the beginning of the year and P18 million at the end of the year. What are Constantine's asset turnover and profit margin? * Choose This is a required question

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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RBYIYQQG7VOi1dyHlw/formResponse
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Constantine Corporation has net income of P11.44 million and net revenue of P80
million in 2012. Its assets are P14 million at the beginning of the year and P18
million at the end of the year. What are Constantine's asset turnover and profit
margin? *
Choose
This is a required question
Boe Company has owners' equity of P400,000 and net income of P66,000. It has
a payout ratio of 20% and a rate of return on assets of 15%. How much did Boe
pay in cash dividends, and what were its average assets? *
Choose
This is a required question
Plano Corporation reported net income P24,000; net sales P400,000; and
average assets P600,000 for 2012. What is the 2012 profit margin ratio? *
Choose
This is a required question
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Transcribed Image Text:RBYIYQQG7VOi1dyHlw/formResponse This is a required question Constantine Corporation has net income of P11.44 million and net revenue of P80 million in 2012. Its assets are P14 million at the beginning of the year and P18 million at the end of the year. What are Constantine's asset turnover and profit margin? * Choose This is a required question Boe Company has owners' equity of P400,000 and net income of P66,000. It has a payout ratio of 20% and a rate of return on assets of 15%. How much did Boe pay in cash dividends, and what were its average assets? * Choose This is a required question Plano Corporation reported net income P24,000; net sales P400,000; and average assets P600,000 for 2012. What is the 2012 profit margin ratio? * Choose This is a required question Back Next Never submit passwords through Google Forms. This form was created inside of Philippine Christian University. Report Abuse Google Forms
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3rd Quarter: FA 2 Week 4 - Activity #4
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Multiple Choices
A company's sales in 2010 were P300,000 and in 2011 were P351,00O. Using 2010
as the base year, the sales trend percent for 2011 is: *
Choose
O This is a required question
Sammy Corporation reported net sales of P300,000, P330,000, and P360,000 in
the years, 2010, 2011, and 2012,respectively. If 201O is the base year, what is the
trend percentage for 2012? *
Choose
This is a required question
Net income was P500,000 in 2011, P450,000 in 2012, and P522,000 in 2013.
What is the percentage of change from (a) 2011 to 2012 and (b) 2012 to 2013? Is
the change an increase or decrease?
Choose
This is a required question
Transcribed Image Text:/kjrRBYIYQQG7V011dyHlw/formResponse 3rd Quarter: FA 2 Week 4 - Activity #4 Your email address will be recorded when you submit this form. Not mdpanhao@pcu.edu.ph? Switch account * Required Multiple Choices A company's sales in 2010 were P300,000 and in 2011 were P351,00O. Using 2010 as the base year, the sales trend percent for 2011 is: * Choose O This is a required question Sammy Corporation reported net sales of P300,000, P330,000, and P360,000 in the years, 2010, 2011, and 2012,respectively. If 201O is the base year, what is the trend percentage for 2012? * Choose This is a required question Net income was P500,000 in 2011, P450,000 in 2012, and P522,000 in 2013. What is the percentage of change from (a) 2011 to 2012 and (b) 2012 to 2013? Is the change an increase or decrease? Choose This is a required question
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