Give the solutuin 2:16 Ь ЬA * all 100%+ ACITIVITY 9 FINANCIAL RATIOSGiven below is AU Chiefs Company's financial statements. Compute for the financial rations and showthe solutions in a sheet of paper.1. Expenses to sale ratio2. Return on assets3. Return on Equity4. Asset Turnover ratio20202019Cash122,500104,70080,550Accounts Receivable90,650Inventory66,20053,000Prepaid Expense85,450106,000Total Current Assets364,800344,250Property, Plant and Equipment925,000786,350TOTAL ASSETS1,654,6001,475,350Total Current Liability381,500423,350Long-term Liabilities359,900230,600Mabini, Capital913,200821,4001,475,350Total Liability and Equity1,654,600SalesCost of SalesGross Profit1,047,0501,151,755322,750355,025724,300796,730Selling Expenses353,250388,575Administrative Expenses128.150140,965242,90010,500Operating Income267,190Interest Income11,550Net Income232,400255,640Interpret the results of your computation for the following rations:1. Expenses to ratio -2. Return on assets -3. Return on Equity -4. Asset turnover ratio -II

The ratio analysis helps to analyse the financial statements of the business.

Given below is AU Chiefs Company's financial statements. Compute for the financial rations and show the solutions in a sheet of paper. 1. Expenses to sale ratio 2. Return on assets 3. Return on Equity 4. Asset Turnover ratio 2020 2019 Cash 122,500 104,700 Accounts Receivable 90,650 80,550 66,200 53,000 Inventory Prepaid Expense Total Current Assets 85,450 106,000 344,250 786,350 1,475,350 364,800 Property, Plant and Equipment 925,000 TOTAL ASSETS 1,654,600 Total Current Liability Long-term Liabilities Mabini, Capital Total Liability and Equity 381,500 359,900 913,200 1,654,600 423,350 230,600 821,400 1,475,350 Sales 1,047,050 1,151,755 Cost of Sales 322,750 355,025 Gross Profit 724,300 796,730 Selling Expenses Administrative Expenses Operating Income Interest Income Net Income 388,575 140,965 267,190 11,550 255,640 353,250 128,150 242,900 10,500 232,400 Interpret the results of your computation for the following rations: 1. Expenses to ratio - 2. Return on assets -

Given below is AU Chiefs Company's financial statements. Compute for the financial rations and show the solutions in a sheet of paper. 1. Expenses to sale ratio 2. Return on assets 3. Return on Equity 4. Asset Turnover ratio 2020 2019 Cash 122,500 104,700 Accounts Receivable 90,650 80,550 66,200 53,000 Inventory Prepaid Expense Total Current Assets 85,450 106,000 344,250 786,350 1,475,350 364,800 Property, Plant and Equipment 925,000 TOTAL ASSETS 1,654,600 Total Current Liability Long-term Liabilities Mabini, Capital Total Liability and Equity 381,500 359,900 913,200 1,654,600 423,350 230,600 821,400 1,475,350 Sales 1,047,050 1,151,755 Cost of Sales 322,750 355,025 Gross Profit 724,300 796,730 Selling Expenses Administrative Expenses Operating Income Interest Income Net Income 388,575 140,965 267,190 11,550 255,640 353,250 128,150 242,900 10,500 232,400 Interpret the results of your computation for the following rations: 1. Expenses to ratio - 2. Return on assets -

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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