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Good Day! I need help here. Anyone who can solve this problems? Thank you and God speed. 4. The sales, net income and asset investment

Good Day! I need help here. Anyone who can solve this problems? Thank you and God speed.

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4. The sales, net income and asset investment of two companies in the same industry are As follows: Company X Company Y Sales Net Income Assets 300 000 30 000 200 000 450 000 45 000 900 000 a. What is the percentage of net income to sales for each company? b. What is the rate of return on assets for each company? C. As far as the data permit, comment on the relative performance of the two companies. 5. The following data were taken from the balance sheet of Haydee Company: Cash Marketable Securities Accounts Receivable (net) Merchandise Inventory P 92 000 50 000 122 000 273 500 Prepaid Expense Accounts Payable Accrued Liabilities P 12 500 175 000 45 000 Determine the following. Show solutions. a. Working Capital b. Current Ratio C. Acid Test Ratio What conclusions can be drawn from these data as to the company's ability to meet its Currently maturing debts? 6. The accounting records of Ching Company show the following data: 2015 2016 Units Sold Selling Price per Unit Cost per Unit 2 500 P 140 P 80 4 000 P 125 P70 Required: Prepare a statement accounting for the changes in sales, cost of sales and gross profit. 7. From the following information for the Sweet Corporation, prepare a statement of cash flows for the year ended December 31, 2015. Amortization of patent P2 200 Depreciation expense 7 000 Issuance of common stock 25 000 Issuance of new bonds payable 15 000 Net Income 44 000 Payment of Dividends 22 500 Purchase of Equipment 33 200 Retirement of long term debt 45 000 Sale of land (no gain, no loss) 3 500 Net decrease in cash for the period 4 000 8. Carreon Corp. was able to acquire second hand goods worth P 100,000 in an auction. The goods can be sold as is for P120 000 or reconditioned at a cost of P 30,000 and sold for P 170,000. a. Identify the irrelevant cost in this problem. b. What alternative should be chosen. c. What is the opportunity cost of reconditioning the goods? 9. The three product lines of Grand Corp. earn the ff. contribution margin per unit: X-P 10, Y-P15, 2-P-12. All the three products require the use of Material A. The needed quantities of Material A per unit of the products are 5,3,4 for products X, Y, Z respectively. A labor strike in the company manufacturing material A limits the supply of the material to Only 200,000 units per month which is not enough to meet the monthly production Requirements (based on sales demand) of 20, 000 for X; 10,000 for Y and 30,000 for Z, Fixed manufacturing costs for the three products amount to P 100,000 per month. Determine the number of units that must be produced for each product that will Maximize total contribution margin and optimize utilization of the 200,000 units of Material A. 9. The three product lines of Grand Corp. earn the ff. contribution margin per unit: X - P 10, Y-P 15, Z-P-12. All the three products require the use of Material A. The needed quantities of Material A per unit of the products are 5,3,4 for products X, Y, Z respectively. A labor strike in the company manufacturing material A limits the supply of the material to Only 200,000 units per month which is not enough to meet the monthly production Requirements (based on sales demand) of 20, 000 for X; 10, 000 for Y and 30,000 for Z, Fixed manufacturing costs for the three products amount to P 100,000 per month. Determine the number of units that must be produced for each product that will Maximize total contribution margin and optimize utilization of the 200,000 units of Material A. 10. You have been assigned the task of evaluating Mariano, Inc.'s management of merchandise Inventory and receivables. You decided that inventory turn-over, accounts receivable Turnover, and average age of receivables statistics will prove valuable in your analysis, The ff. data were available from Mariano's annual report: Merchandise Inventory Cost of goods Sold 2, 480 000 Cash Sales 1,000,000 Total Sales 5, 100,000 Mariano's Credit terms Net 30 days Jan. 1 Dec. 31 P 245,000 375,000 Accounts Receivable Jan. 1 Dec. 31 250 000 297 000 REQUIRED: 1. Inventory turnover 2. Accounts receivable turnover 3. Average age of receivables 4. Is Mariano doing a good job in Managing Inventory & receivable

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