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
Q: General Account
A: The correct answer is (d) leisure time is not accounted for in GDP because GDP measures the total…
Q: Crestwood Industries mixes together sugarcane residue and ethanol. After joint manufacturing costs…
A: Explanation of Joint Manufacturing Costs: These are common costs incurred up to the split-off point…
Q: Need answer please
A: Step 1: Formula Accounting equation:Assets = Liabilities + Equity You can use the formula below to…
Q: Please provide answer this financial accounting question
A: Step 1: Define Expected Sales Return PercentageThe Expected Sales Return Percentage is calculated by…
Q: Need answer
A: Explanation of Gross Profit:Gross profit is the financial measure that represents the difference…
Q: Value of ending inventory for the year?
A: Explanation of Variable Costing:Variable costing is a cost accounting method in which only variable…
Q: Hi expert please help me
A: The question pertains to capital gains. A capital gain refers to the increase in the value of a…
Q: can you please solve this
A: To determine the new level of accounts receivable, we can use the Days Sales Outstanding (DSO)…
Q: L.L. Bean operates two factories that produce its popular Bean boots (also known as "duck boots") in…
A: To accurately record the anticipated sales return for one pair of L.L. Bean's Bean Boots, we need to…
Q: If investors expect a 14% return on a $50 stock that pays a dividend of $2.50, what is the implied…
A: 1. Calculate the Dividend Yield:Dividend Yield = (Annual Dividend / Stock Price) * 100Dividend Yield…
Q: The total materials variance for the month is?
A: Explanation of Standard Cost: Standard cost is a predetermined or budgeted cost that a company…
Q: Hy expert please given answer
A: Step 1: Definition of Total CostsTotal costs consist of fixed costs (which remain constant…
Q: What is the direct materials price variance?
A: Step 1: Definition of Direct Materials Price VarianceThe Direct Materials Price Variance measures…
Q: If there were
A: Raw materials to be purchased in January = =…
Q: managerial accounting
A: Step 1: Definition of Standard CostStandard cost is the estimated cost of production, including…
Q: None
A: Concept of Direct Materials CostDirect Materials Cost refers to the cost of raw materials that are…
Q: need help this questions
A: Step 1: Introduction to cash flow statementCash flow statement refers to a financial statement…
Q: given answer of this General accounting question
A: Step 1: Define Annual Rate of Interest (Compound Interest Rate) is the percentage rate at which an…
Q: Solve this question accounting
A: The question actually pertains to determining the stock price using the method of comparables.The…
Q: Please help me this question solution
A: Step 1: Define High-Low MethodThe high-low method is an accounting approach to estimate the variable…
Q: ??
A: a) Operating LeverageOperating Leverage = Contribution Margin / Operating ProfitOperating Leverage =…
Q: Use the following data: Nov. 30, 2011 Nov. 30, 2012 Nov. 30, 2013 Sales $ 35,00,000 $ 40,00,000 $…
A: Step 1: Definition of Gross ProfitGross profit is the difference between total sales revenue and the…
Q: abc general accounting
A: Step 1: Definition of Direct Labor CostDirect labor cost includes the wages, payroll taxes, and…
Q: choose best answer general accounting
A: Step 1: Definition of Cost of Goods Sold (COGS)The Cost of Goods Sold (COGS) represents the direct…
Q: Financial Accounting problem
A: Concept of Standard Labor Hours per UnitStandard labor hours per unit refer to the estimated number…
Q: Net opreting income should increase?
A: CONCEPTS:1. Operating Leverage * Measures business risk and operating sensitivity * Shows how…
Q: correct answer please general accounting
A: Step 1: Definition of Cost of Goods Sold (COGS)The Cost of Goods Sold (COGS) represents the direct…
Q: What was this company's average collection period for 2023 on these general accounting question?
A: Step 1: Define Average Collection PeriodThe Average Collection Period measures the average number of…
Q: hello tutor given answer of this General accounting question
A: Step 1: Define Current Yield of a bond measures the return an investor earns based on the bond's…
Q: help me to solve this questions
A: CONCEPTS:1. Cost of Equity (ks) represents the return that equity investors require from the…
Q: Hii tutor give me Answer
A: Concept of Relevant CostsRelevant costs are those costs that are directly affected by a decision and…
Q: Need Step by step answer
A: To calculate Net Operating Income (NOI), we use the formula: Net Operating Income=Sales−Cost of…
Q: What are the variable expenses per unit on these financial accounting question?
A: Step 1: Define Variable Expenses per UnitVariable expenses per unit are the costs that change with…
Q: Please give answer general accounting question
A: Step 1: Define Price to Earnings RatioThe price to earnings ratio is used to find the value of a…
Q: Hello tutor please solve this question
A: a) Calculate Kajing's operating leverage.Operating leverage is a measure of how much a company's…
Q: Calculate the variable rate
A: Step 1: Definition of High-Low MethodThe high-low method is a technique used to estimate the…
Q: Answer this financial accounting question
A: Explanation of Real Rate of Interest:The real rate of interest is the percentage increase in…
Q: answer
A: Step 1: Original sales DSO = Accounts receivable/Original sales x 365 daysOriginal sales = Accounts…
Q: Please need help with this general accounting question
A: Step 1: Define Realized Gain in a Like-Kind ExchangeA realized gain in a like-kind exchange is…
Q: Help me to solve this questions
A: Step 1: Calculate incremental salesStep 2: Calculate incremental cash expensesStep 3: Calculate the…
Q: Answer
A: Assuming no Manufacturing Overheads, thus $0 is taken Part (a): Calculation of the Total…
Q: None
A: Step 1: Definition of Projected Benefit Obligation (PBO)The Projected Benefit Obligation (PBO)…
Q: Financial accounting 2.0
A: Common stock issued: 25,000 shares at $15 per shareTreasury stock purchased: 4,000 shares at $17 per…
Q: Expert of general accounting answer
A: Step 1: Definition of Return on Equity (ROE)Return on equity (ROE) measures a company's ability to…
Q: Need answer the financial accounting question not use ai and chatgpt
A: Cullumber Supplies Co. should report as cash only the items that are considered cash equivalents,…
Q: There is sufficient capacity to fill the order
A: The answer is (d) $3.45. Given:Variable costs for 60,000 units= $108,000Fixed costs for 60,000…
Q: help me to solve this questions
A: The question requires the determination of the ROE. Return on Equity (ROE) is an important indicator…
Q: Please help me this question
A: Step 1: Definition of Overhead CostsOverhead costs refer to indirect costs incurred in the…
Q: Subject = General Account
A: Step 1: Definition of Adjusted BasisThe adjusted basis refers to the original cost of an asset,…
Q: RTE, Inc., reported the following amounts at the end of the year: Total sales Accounts receivable…
A: Concept of Total SalesTotal sales represent the gross revenue a company generates from selling its…
Calculate the gross profit ratio


Step by step
Solved in 2 steps

- Identifying Comparables and Valuation using PB and PETailored Brands Inc.’s book value of equity is $4.563 million and its forward earnings estimate per share is $1.10, or $55.7 million in total earnings. The following information is also available for TLRD and a peer group of companies (identified by ticker symbol) from the specialty retail sector. Ticker MarketCap($ mil.) PBCurrent ForwardPE (FY1) EPS 5-YearHistoricalGrowth Rate ROE(T 4Q) Debt-to-Equity(Prior Year) TLRD -- -- -- (0.47)% 22.50% 2.53 GCO 585.7 1.00 9.699 (323.73)% (5.86)% 0.13 ZUMZ 789.7 1.95 14.17 3.28% 13.85% 0.00 GES 1,147.0 2.07 13.19 (37.69)% 1.90% 0.56 ANF 988.2 1.00 19.69 9.37% 6.35% 0.25 TLYS 293.7 1.68 11.6 5.51% 13.93% 0.00 M 4,760.0 0.75 5.458 (1.74)% 16.70% 0.74 (a) Assume that you use as comparables the following set of companies: ZUMZ, TLYS, and M. Estimate TLRD’s equity intrinsic value using the PB ratio from these peer companies. (Round average PB ratio to two decimal places…Determine the following measures for 20Y2, rounding to one decimal place including, percentage, except for per-share amounts. 5. Number of days sales in receivables 7. number of days sale in inventory 12. return on total asset 14. return on common stockholders equity 17. dividends per share of common stock 18. dividend yield i need help on these questions i have provided please please pleaseN1. Account Calculate the following ratios for Lake of Egypt Marina, Inc. as of year-end 2021. (Use sales when computing the inventory turnover and use total stockholders' equity when computing the equity multiplier. Round your answers to 2 decimal places. Use 365 days a year.)
- Price earning ratio: market price per common share/ earning per share $3,388/$42.64= 79.46 (Amazon 2020 year) 78.77 (Amazon 2019 year) 20.24 (Walmart 2020 year) Write financial analysis report.General accountingUsing these data from the comparative balance sheets of Concord Company, perform a vertical analysis. Accounts receivable (net) Inventory Total assets (Round percentages to 1 decimal place, e.g. 12.1%.) December 31, 2022 December 31, 2021 $418,320 $425,250 816,720 787,500 2,490,000 3,150,000 December 31, 2022 December 31, 2021 Amount Percentage Amount Percentage Accounts receivable (net) $418,320 % $425,250 % Inventory Total assets 816,720 % 787,500 % 2,490,000 % 3,150,000 %
- The comparative financial statements of Stargel Inc. are as follows. The market price of Stargel common stock was $119.70 on December 31, 20Y2. Please see the attachment for details: InstructionsDetermine the following measures for 20Y2, rounding to one decimal place including percentages, except for per-share amounts:1. Working capital2. Current ratio3. Quick ratio4. Accounts receivable turnover5. Number of days’ sales in receivables6. Inventory turnover7. Number of days’ sales in inventory8. Ratio of fixed assets to long-term liabilities9. Ratio of liabilities to stockholders’ equity10. Times interest earned11. Asset turnover12. Return on total assets13. Return on stockholders’ equity14. Return on common stockholders’ equity15. Earnings per share on common stock16. Price-earnings ratio17. Dividends per share of common stock18. Dividend yieldHello! look at the attached images and answer: (a) Calculate ratios for the year ended 31 December 2021 (showing your workings) for Primrose Plc, equivalent to those provided above. i. Return on year-end capital employed ii. Net asset turnover iii. Gross profit margin iv. Net profit margin v. Current ratio vi. Closing inventory holding period vii. Trade receivables’ collection period viii. Trade payables’ payment period ix. Dividend yield x. Dividend cover (b) Analyse the financial performance and position of Primrose Plc for the year ended 31 December 2021 compared to 31 December 2020. (c) Explain the uses and the general limitations of ratio analysis. Thanks a lot!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%?
- The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $82.60 on December 31, 20Y2. Please see the attachment for details: Instructions Determine the following measures for 20Y2, rounding to one decimal place, including percentages, except for per-share amounts:1. Working capital2. Current ratio3. Quick ratio4. Accounts receivable turnover5. Number of days’ sales in receivables6. Inventory turnover7. Number of days’ sales in inventory8. Ratio of fixed assets to long-term liabilities9. Ratio of liabilities to stockholders’ equity10. Times interest earned11. Asset turnover12. Return on total assets13. Return on stockholders’ equity14. Return on common stockholders’ equity15. Earnings per share on common stock16. Price-earnings ratio17. Dividends per share of common stock18. Dividend yieldRefer to the financial statements of Mixon Company in Exercises 1–3 and 1–5. The following additional information about the company is known: Please see attached images Commonstockmarketprice,December31,2006 ...... $15.00 Common stock market price, December 31, 2005 . . . . . . 14.00 Annualcashdividendspersharein2006 ............ 0.60 Annualcashdividendspersharein2005 ............ 0.30 To help evaluate the profitability of the company, compute the following for 2006 and 2005: (a) return on common stockholders’ equity, (b) price-earnings ratio on December 31, and (c) divi- dend yield.Identifying Comparables and Valuation using PB and PE Tailored Brands Inc.'s book value of equity is $4.563 million and its forward earnings estimate per share is $1.10, or $55.7 million in total earnings. The following information is also available for TLRD and a peer group of companies (identified by ticker symbol) from the specialty retail sector. Market Ticker Cap($ mil.) TLRD GCO ZUMZ GES ANF TLYS M 585.7 789.7 1,147,0 988.2 293.7 4,760.0 PB Forward Current PE (FY1) 1.00 9.699 1.95 14.17 2.07 13.19 1.00 19.69 1.68 11.6 0.75 5.458 EPS 5-Year Historical ROE Growth Rate (T 4Q) (0.47% 22.50% (323.73) (5.86 ) % 3.28% 13.85% (37.69% 1.90% 9.37% 6.35% 5.51% 13,93% (1.74 % 16.70% Debt-to- Equity (Prior Year) 2.53 0.13 0.00 0.56 0.25 0.00 0.74 (a) Identify a set of three companies from this list to use as comparables for estimating the equity intrinsic value of TLRD using the market multiples approach. ZUMZ, TLYS, M + (b) Assume that you use as comparables the following set of companies:…



