1. Additional information: 2. The company did not issue any preferred stock 3. The total...
60.1K
Verified Solution
Link Copied!
Question
Finance
1. Additional information:
2. The company did not issue any preferred stock
3. The total number of shares outstanding was 80,000,000
4. The market price per share as at 31 December 2017 was RM 9.20
You are required to calculate the following ratios:
a) Current ratio (3 marks)
b) Quick ratio (3 marks)
c) Debt ratio (3 marks)
d) Average collection period (3 marks)
e) Inventory turnover (2 marks)
f) Gross profit margin (2 marks)
g) Earnings per share (2 marks)
h) Price to earnings ratio (2 marks)
At 31 December 2017 XYZ company records show the following information: RM in Thousands (*000) Non-Current Asset 200000 Inventories 80000 Account Payable 30000 Wages Payable 5000 Total Stockholder's Equity 196000 Long Term Liabilities 70000 Cash 16000 Accounts Receivable 30000 Notes Payable due in 10 months 25000 Sales Revenue (all on credit) 500000 Cost of Goods Sold 280000 Operating Expenses 120000 Income Tax 28500 Interest Expenses 5000 Earnings available to common stockholder 66500
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.