questions 43-46 are all interconnected , so please kindly answer them. thank you so much. Questions 43 to 46 are based on the following information: The management of Quaker Corporation is preparing its plans for the year 2012. The average assets to be employed for the year are estimated at P 2,600,000 with 20% of this amount borrowed at no interest cost. Materials and labor cost for the year is budgeted at P 4,000,000 while operating costs is estimated at P 1,500,000. All sales are to be billed at 162.5% of materials and labor cost. Income taxes is an average of 35% of income before income tax. 43. The estimated rate of return on sales for 2012 is a. 10.00% b. 12.50% c. 14.29% d. 27.86% 44. The estimated rate of return on average total assets for 2012 is a. 20.00% b. 25.00% c. 31.25% d. 40.50% 45. The expected asset turnover for 2012 is a. 1.5 times b. 2.5 times c. 3.36 times d. 3.75 times 46. The rate of return on stockholders’ equity for 2012 is a. 20.00% b. 25.50% c. 31.25% d. 40.50%
questions 43-46 are all interconnected , so please kindly answer them. thank you so much.
Questions 43 to 46 are based on the following information:
The management of Quaker Corporation is preparing its plans for the
year 2012. The average assets to be employed for the year are
estimated at P 2,600,000 with 20% of this amount borrowed at no
interest cost. Materials and labor cost for the year is budgeted at P
4,000,000 while operating costs is estimated at P 1,500,000. All sales
are to be billed at 162.5% of materials and labor cost. Income taxes is
an average of 35% of income before income tax.
43. The estimated
a. 10.00%
b. 12.50%
c. 14.29%
d. 27.86%
44. The estimated rate of return on average total assets for 2012 is
a. 20.00%
b. 25.00%
c. 31.25%
d. 40.50%
45. The expected asset turnover for 2012 is
a. 1.5 times
b. 2.5 times
c. 3.36 times
d. 3.75 times
46. The rate of return on
a. 20.00%
b. 25.50%
c. 31.25%
d. 40.50%
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