Answered: Galaxy Traders provides the following…

Galaxy Traders provides the following financial data. Calculate the Gross Profit Ratio based on the given details: Purchases Rs 345,000 Opening Stock 18,000 Closing Stock 27,000 Sales 450,000

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 4PA: Measures of liquidity, solvency, and profitability The comparative financial statements of Marshall...

See similar textbooks

Similar questions

Calculate The Market Price with General Accounting method
Using the stock table for Dell Technologies below, calculate the earnings per share. Round your answer to the nearest cent.Do not include the $ in your answer.Dell TechnologiesDVMT$66.26$66.40-$66.96$42.02-568.25NameSymbolCloseDay Range52-Week RangeVolumeP/EDividendDividend YieldEPS895,028103.53$0.000%?
You are given the following information: Stockholders? equity = GHS1,250; price/earnings ratio = 5; shares outstanding = 25; and %3D market/book ratio = 1.5. %3D Calculate the market price of a share of the company?s stock. O A. GHS 33.33 B. GHS 75.00 C. GHS 10.00 D. GHS166.67 O E. GHS133.32
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
You've collected the following information from your favorite financial website. 52-Week Price Div Yld PE Close Net Ratio Price Chg Hi Lo Stock (Div) % 77.40 10.43 Palm Coal .36 2.6 6 13.90 .24 55.81 33.42 Lake Lead Grp 1.54 3.8 10 40.43 -.01 130.93 69.50 SIR 2.00 2.2 10 88.97 3.07 50.24 13.95 DR Dime .80 5.2 6 15.43 -.26 .18 35.30 20.77 Candy Galore 0.35 1.5 28 ?? a. Using the dividend yield, calculate the closing price for Candy Galore on this day. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. Assume the actual closing price for Candy Galore was $23.02. Your research projects a 4.75 percent dividend growth rate for Candy Galore. What is the required return for the stock using the dividend discount model and the actual stock price? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Stock price b. Required return %
Use the following information in the table below to answer the question: Blanc Blanc Financial Year ending 2018 2019 Market Price $34.33 $30.92 Total shares outstanding 5,000,000 5,000,000 Total shareholders' equity $63,000,000.00 $68,500,000.00 Net Income $7,461,807.07 $7,115,844.52 Based on the information given the price to book ratio for Blanc in 2019 is closest to: ... O A. 2.51 ОВ. 2.26 Ос. 2.45
You've collected the following information from your favorite financial website. 52-Week Price Div PE Close Net Hi 77.40 Lo Stock (DV) Yld % Ratio Price Chg 10.43 Palm Coal .36 2.6 6 13.90 -24 55.81 33.42 Lake Lead Grp 1.54 3.8 10 40.43 -.01 130.93 50.30 35.00 69.50 SIR 2.00 2.2 10 88.97 3.07 14.01 DR Dime .86 5.6 B 20.74 Candy Galore.32 1.5 28 15.49 ?? -.26 .18 According to your research, the growth rate in dividends for DR Dime for the previous 10 years has been negative 12 percent. If investors feel this growth rate will continue, what is the required return for DR Dime stock? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Required return %
calculate the annual hpr and hpy from the daily stock prices below, please show working outs Exchange Date Close Open 11-Mar-2020 142.28 144.54 10-Mar-2020 142.48 144.64 09-Mar-2020 141.58 148.01 06-Mar-2020 158.01 156.80 05-Mar-2020 161.57 170.47 04-Mar-2020 169.06 171.82 03-Mar-2020 171.27 176.60 02-Mar-2020 173.33 182.78 28-Feb-2020 179.51 179.86 27-Feb-2020 184.28 191.12 26-Feb-2020 193.98 195.24 25-Feb-2020 196.04 202.37 24-Feb-2020 198.70 200.91 21-Feb-2020 205.08 207.29 20-Feb-2020 208.70 205.58 19-Feb-2020 206.99 208.90 18-Feb-2020 207.90 208.20 17-Feb-2020 210.01 212.02 14-Feb-2020 214.13 227.59 13-Feb-2020 229.80 229.00 12-Feb-2020 229.10 224.58 11-Feb-2020 223.57 227.09 10-Feb-2020 222.57 221.76 07-Feb-2020 223.97 225.08 06-Feb-2020 225.78 225.28 05-Feb-2020 222.67 223.07 04-Feb-2020 223.07 219.95 03-Feb-2020 218.14 216.64 31-Jan-2020 219.35 224.37 30-Jan-2020 222.57 219.65 29-Jan-2020 221.96 219.85…
On a particular date, FedEx has a stock price of $88.24 and an EPS of $7.36. Its competitor, UPS, had an EPS of $0.30. What would be the expected price of UPS stock on this date, if estimated using the method of comparables? Question content area bottom Part 1 A.$5.40 B. $7.19 C.$8.00 D.$3.60
A company reports earnings per share on common stock of $2.00 when the market price of per share of common stock is $50.000. What is the company’s price-earnings ratio? Group of answer choices 25.0 5.0 $2.00 2.5
You are given the following information: Stockholder's Equity Price/Earnings Ratio Share Outstanding Market/Book Ratio $1,250 5 25 1.5 Calculate the market price of a share of the company's stock. Consider the summarized data from the balance sheets and income statements of Wiper Inc. If Wiper's stock had a price/earnings ratio of 12 at the end of 2020, what was the market price of the stock? Wiper Inc. Condensed Balance Sheets December 31, 2020, 2019, 2018 (in millions) 2020 2019 2018 Current assets $764 $981 $843 Other assets Total assets 2,424 1,931 1,730 $3,188 $2,912 $2,573 Current liabilities Long-term liabilities Stockholders' equity $588 $841 $734 1,582 1,034 910 1,018 1,037 929 Total liabilities and stockholders' equity $3,188 $2,912 $2,573 Wiper Inc. Selected Income Statement and Other Data For the year Ended December 31, 2020 and 2019 (in millions) 2020 2019 Income statement data: Sales $3,061 $2,924 Operating income 307 321 Interest expense 95 76 Net income 224 219 Other…
Detail solution give me