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The following information is available concerning the PAPASA-KA Company's expected results in 2019 (in thousand pesos). Turn-overs are based on year end values REQUIRED: Find all the values of the unknown variables

The following information is available concerning the PAPASA-KA Company's expected results in 2019 (in thousand pesos). Turn-overs are based on year end values REQUIRED: Find all the values of the unknown variables

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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PROBLEM 1- Financial Statement Analysis The following information is available concerning the PAPASA-KA Company's expected results in 2019 (in thousand pesos). Turn-overs are based on year end values REQUIRED: Find all the values of the unknown variables 1. Return on sales 2. Gross profit percentage 3. Receivables turnover 6% 40% 5 times 4. Inventory turnover 5. Current ratio 6. Ratio of total debts to assets 4 times 3 40% CONDENSED INCOME STATEMENT CONDENSED BALANCE SHEET Sales P900 Cash P30 Current Liabilities Cost of Sales Receivables Long term debts Equity Gross profit OpEx Inventory PPE 670 Net income Total Total
Transcribed Image Text:PROBLEM 1- Financial Statement Analysis The following information is available concerning the PAPASA-KA Company's expected results in 2019 (in thousand pesos). Turn-overs are based on year end values REQUIRED: Find all the values of the unknown variables 1. Return on sales 2. Gross profit percentage 3. Receivables turnover 6% 40% 5 times 4. Inventory turnover 5. Current ratio 6. Ratio of total debts to assets 4 times 3 40% CONDENSED INCOME STATEMENT CONDENSED BALANCE SHEET Sales P900 Cash P30 Current Liabilities Cost of Sales Receivables Long term debts Equity Gross profit OpEx Inventory PPE 670 Net income Total Total
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