Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Answer within 1 hours 30 mint , i will give a like for sure. Balance sheet(Tk in millions) Income statement (Tk in millions) Assets Liabilities

image text in transcribed

Answer within 1 hours 30 mint , i will give a like for sure.

Balance sheet(Tk in millions) Income statement (Tk in millions) Assets Liabilities and equity 2019 2020 2019 2020 2019 2020 Cash 100 100 Current Liabilities 500 400 Sales 2000 2100 AC receivable 500 450 long term debt 900 900 Cost of goods sold 1200 1400 Short term 100 150 Equity 500 650 Expenses 200 250 investment Inventory 200 200 EBIT 3000 3250 Fixed Asset 1000 1050 Interest expenses 100 200 1900 1950 1900 1950 Tax 200 250 Net income 2700 2800 Others 2019 2020 Price per share 7 8 No of shares 300 300 Categories Specific ratio Formula 2019 2020 Comment Current Inventory turnover PE EPS Quick Profit margin Times interest earned ROA ROE Asset turnover Debt to Asset Receivable Turnover 1. Calculate the ratios using the data of both years and make comment by comparing those results (12)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Belverd E. Needles Jr,, Marian Powers

8th Edition

0618310746, 978-0618310746

More Books

Students also viewed these Accounting questions

Question

4. Explain how to price managerial and professional jobs.

Answered: 1 week ago