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A. Compute the amount of working capital, current ratio, acid-test (Quick) Ratio and Cash flow from Operations to Current Liabilities for the year 2020. B.
A. Compute the amount of working capital, current ratio, acid-test (Quick) Ratio and Cash flow from Operations to Current Liabilities for the year 2020.
B. Compute for the Inventory Turnover, Rate of Gross Profit on sales, Book Value per Share of Stock and Ratio of Net Income to Net Sales for the year 2020.
C. Compute for the Net Earnings per share of stock, Rate of Return on invested capital, Cash flow from Operations to Total Liabilities, and Ratio of Stockholders Equity to Total Liabilities for the year 2020
Pls ASAP
Net Sales Cost of Goods Sold: Sound Break Corporation Income and Retained Earnings Statement For the year Ended December 31, 2020 Inventory, Dec. 31, 2019 Purchases Total Goods Available Inventory Gross Margin on Sales Selling and Administrative (including Depreciation of P20,000) Net Income before Tax Provision for Income Tax Net Income for the Year Retained Earnings, beginning Total Dividends Paid Retained Earnings, December 31, 2020 P250,000 720,000 P970,000 220,000 P 250,000 P1,000,000 P P 125,000 P 750,000 125,000 90,000 130,000 35,000 P 220,000 30,000 190,000 Net Sales Cost of Goods Sold: Sound Break Corporation Income and Retained Earnings Statement For the year Ended December 31, 2020 Inventory, Dec. 31, 2019 Purchases Total Goods Available Inventory Gross Margin on Sales Selling and Administrative (including Depreciation of P20,000) Net Income before Tax Provision for Income Tax Net Income for the Year Retained Earnings, beginning Total Dividends Paid Retained Earnings, December 31, 2020 P250,000 720,000 P970,000 220,000 P P1,000,000 250,000 P P 125,000 750,000 125,000 35,000 P 90,000 130,000 P 220,000 30,000 190,000 Net Sales Cost of Goods Sold: Sound Break Corporation Income and Retained Earnings Statement For the year Ended December 31, 2020 Inventory, Dec. 31, 2019 Purchases Total Goods Available Inventory Gross Margin on Sales Selling and Administrative (including Depreciation of P20,000) Net Income before Tax Provision for Income Tax Net Income for the Year Retained Earnings, beginning Total Dividends Paid Retained Earnings, December 31, 2020 P250,000 720,000 P970,000 220,000 P 250,000 P1,000,000 P P 125,000 P 750,000 125,000 90,000 130,000 35,000 P 220,000 30,000 190,000 Net Sales Cost of Goods Sold: Sound Break Corporation Income and Retained Earnings Statement For the year Ended December 31, 2020 Inventory, Dec. 31, 2019 Purchases Total Goods Available Inventory Gross Margin on Sales Selling and Administrative (including Depreciation of P20,000) Net Income before Tax Provision for Income Tax Net Income for the Year Retained Earnings, beginning Total Dividends Paid Retained Earnings, December 31, 2020 P250,000 720,000 P970,000 220,000 P P1,000,000 250,000 P P 125,000 750,000 125,000 35,000 P 90,000 130,000 P 220,000 30,000 190,000
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