Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Management accounting Information of ABC company given below Particulars Amount in OMR Gross Sales 250,000 Returns Inward 10,000 Gross Profit Ratio 20% on net sales
Management accounting
Information of ABC company given below Particulars Amount in OMR Gross Sales 250,000 Returns Inward 10,000 Gross Profit Ratio 20% on net sales Operating Expenses 20,000 Interest Expenses 2,000 Tax Paid 40% Dividends paid 20% of profit after taxes Total number of outstanding shares 10,000 MPS Answer below questions 1. ABC company Earnings Per Share value is 2. Interest coverage ratio of the company is 3. Given companies Dividend coverage ratio is 4.Price Eaming Ratio of above company should be 5.increase in tax rate by 10% will give a new Price Earning ratio ofStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started