Operating Profit Margin- Sales Discount 25% 18,000 Sales Returns and Allowances Current Liabilities Prepaid Expenses Tax rate Interest Expenses 5,000 205,000 15,000 40% 10,000 Equity ratio Inventory COGS is 30% of Sales 20% 60% of COGS . . Additional information: Available cash is 75,000 Accounts Receivable is estimated to have 10% of the net sales. Remaining uncollectible amount is 5% of total accounts receivable Net income is 42,000 Dividends Paid 20,000 Market price per ordinary share is valued at P20 The company acquired 320,000 worth of land and 17,860 of fixed assets during the period. Number of shares outstanding is 41,000 at par P2/share . Required: a. Construct the Statement of Financial Position in good form b. Construct the Statement for Comprehensive Income in good form c. Compute for the following financial ratios and briefly give an analysis in not more than 5 lines. (Write your solution and analysis at the back of this paper). i. ii. iii. iv. Current ratio Quick or Acid test ratio Noncurrent Liabilities Earnings per share Price-earnings ratio Dividend-yield ratio Book value per share V. vi. vii, Operating Profit Margin- Sales Discount 25% 18,000 Sales Returns and Allowances Current Liabilities Prepaid Expenses Tax rate Interest Expenses 5,000 205,000 15,000 40% 10,000 Equity ratio Inventory COGS is 30% of Sales 20% 60% of COGS . . Additional information: Available cash is 75,000 Accounts Receivable is estimated to have 10% of the net sales. Remaining uncollectible amount is 5% of total accounts receivable Net income is 42,000 Dividends Paid 20,000 Market price per ordinary share is valued at P20 The company acquired 320,000 worth of land and 17,860 of fixed assets during the period. Number of shares outstanding is 41,000 at par P2/share . Required: a. Construct the Statement of Financial Position in good form b. Construct the Statement for Comprehensive Income in good form c. Compute for the following financial ratios and briefly give an analysis in not more than 5 lines. (Write your solution and analysis at the back of this paper). i. ii. iii. iv. Current ratio Quick or Acid test ratio Noncurrent Liabilities Earnings per share Price-earnings ratio Dividend-yield ratio Book value per share V. vi. vii