Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

EL. 34. Following Financial data are given Sales for the year Stocius Credit sal Dehton 4,00,000 2,00,000 3,00,000 1.50,000 6,00,000 2,00,000 1,00,000 20 Share capital

image text in transcribed

EL. 34. Following Financial data are given Sales for the year Stocius Credit sal Dehton 4,00,000 2,00,000 3,00,000 1.50,000 6,00,000 2,00,000 1,00,000 20 Share capital (20,000 share of 10 each) Net profit after tax Market price per share From the above information, compute : Stock turnover ratio. (W) Creditors turnover ratio. () Net profit to total assets ratio. (N) Earnings per share. (1) Price carning ratio (Ans. () 2 times; (ii) cannot be computed; (i) 16.67%; (v) * 5; (v) 4

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

Students also viewed these Accounting questions