Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Last year Baby Company's cash account decreased by $4,000. Net cash provided by investing activities was $31,000. Net cash used in financing activities was $38,000.

Last year Baby Company's cash account decreased by $4,000. Net cash provided by investing activities was $31,000. Net cash used in financing activities was $38,000. On the statement of cash flows, the net cash flow provided by (used in) operating activities was 3,000.

Sales turnover for the year is P30,000,000 and the average asset investment is P7,500,000. Asset turnover is__

Asset turnover is 2 and 15% is earned on assets. The return on sales is ____.

The current ratio is 1:8:1 with working capital amounting to P20,000. Current liabilities are__.

Fixed assets are 70% of total assets. The ratio of return on fixed assets is 30%. The rate of return on total assets is __.

The debt-to-equity ratio is 4:1. Current liabilities were 20% of total liabilities and the current ratio is 2.5:1. The rate of current assets to total assets is __.

Stockholders’ equity (SHE) is 70% of total Liabilities and SHE, 9% was earned on total assets invested. Return on SHE is __.

Dividend per share is P15, earnings per share is P40, and price/earnings ratio is 3. Dividend yield on capital stock is __.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

1 Asset turnover Sales turnover Average assets 30000000 7500000 4 2 asset turonver revenue average assets 2 revenue 2 average assets return on assets ... 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

Using Financial Accounting Information The Alternative to Debits and Credits

Authors: Gary A. Porter, Curtis L. Norton

10th edition

978-1337276337, 1337276332, 978-1337517546, 1337517542, 978-1337491471

More Books

Students also viewed these Accounting questions