Direction: Answer what has been asked. Show your solution in another sheet of paper. 1. Below are summarized financial statements of PLDT for 2021 and 2020 2021 2020 Revenues 168,331 163,033 Cost 117,832 114,123 Operating profit 42,083 40,758 Net Income 35,483 36,099 Accounts Receivable 67,663 84,741 Inventory 60,555 55,456 Cash 50,444 67,333 Total Assets 399,638 405.815 Accounts Payable 129,047 119,673 Total Liabilities 262,312 260,081 Total Equity 137,326 145.734 Compute the following for 2021 and 2020. Give a short interpretation for each. 11-14 Return on Assets 15-18 Operating Profit margin 19-22 Net profit margin 23-26 Current Asset ratio 27-30 Quick Asset ratio

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Part II SOLVING PROBLEMS
Direction: Answer what has been asked. Show your solution in another
sheet of paper.
1. Below are summarized financial statements of PLDT for 2021 and
2020
2021
2020
Revenues
168,331
163,033
Cost
117,832
114,123
Operating profit
42,083
40,758
Net Income
35,483
36,099
Accounts Receivable
67,663
84,741
Inventory
60,555
55,456
Cash
50,444
67,333
Total Assets
399,638
405.815
Accounts Payable
129,047
119,673
Total Liabilities
262,312
260,081
Total Equity
137,326
145.734
Compute the following for 2021 and 2020. Give a short
interpretation for each.
11-14 Return on Assets
15-18 Operating Profit margin
19-22 Net profit margin
23-26 Current Asset ratio
27-30
Quick Asset ratio
Transcribed Image Text:Part II SOLVING PROBLEMS Direction: Answer what has been asked. Show your solution in another sheet of paper. 1. Below are summarized financial statements of PLDT for 2021 and 2020 2021 2020 Revenues 168,331 163,033 Cost 117,832 114,123 Operating profit 42,083 40,758 Net Income 35,483 36,099 Accounts Receivable 67,663 84,741 Inventory 60,555 55,456 Cash 50,444 67,333 Total Assets 399,638 405.815 Accounts Payable 129,047 119,673 Total Liabilities 262,312 260,081 Total Equity 137,326 145.734 Compute the following for 2021 and 2020. Give a short interpretation for each. 11-14 Return on Assets 15-18 Operating Profit margin 19-22 Net profit margin 23-26 Current Asset ratio 27-30 Quick Asset ratio
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