3. The following accounting information is extracted from Statement of Income of ABC Inc for the year 2021 ( Figures in $ Million):

Sales 1000 , Cost of Sales 500 , R&D Expense 60 , Selling & Distribution and General Admn Expenses 80 , Finance costs 60 , Tax 80. What is operating profit ratio of the company ?

a. 36% b. 30% c. 22% d. None of the above

2. The following accounting information is extracted from Statement of Cash Flows of ABC Inc for the year 2021 ( Figures in $ Million): Cash flow from operating activities $ 400 million , Purchase property , plant and equipment ( required continuing operating activities) $ 220 million , Dividend payment $ 100 million , Loan repayment $ 200 million , Interest payment $ 10 million., What is free cash flow of the compnay?

a. - $ 130 million b. - $120 million c. $ 80 million d. $ 180 million

. 3. The following information is extracted from the Balance Sheet of ABC Inc. as on 31 Dec. 2022 ( Figures in $ Million):

Total Assets 2000 ; Equity : Common Stock 200 , Retained Earnings 500

Liabilities : Current Liabilities 300; Non-current Liabilities : Borrowings 1000.

Balance Sheet of ABC Inc. as on 31 Dec. 2021 ( Figures in $ Million) were as follows :

Total Assets 1800 ; Equity : Common Stock 200 , Retained Earnings 450

Liabilities : Current Liabilities 320 , Non-current Liabilities : Borrowings 830.

What is debt ratio of the company

a. 0.644 b. 0.844 c. 0.584 d. 0.567

. 4. Based on the following information , what is time interest earned ratio? ( Figures are in $ million)

Sales 3000 , Cost of sales 1800, R&D Expenses 400 , Genera; Admn , S& D expenses 400 , Finance costs 100 , Income Tax 80 , Profit After Tax 220.

a. 4 b. 3 c. 5 d. 6