Question
Please answer tutor thanks Liquidity ratios include the following except; Select one: a. Times interest-earned ratio b. Working capital ratio c. Inventory turnover d. Receivable
Please answer tutor
thanks
Liquidity ratios include the following except;
Select one:
a. Times interest-earned ratio
b. Working capital ratio
c. Inventory turnover
d. Receivable turnover
The following selected accounts are taken from the ledger ofXYX Merchandisingon June 30, 2017:Sales, P 550,000; Sales Discount, 5%; Gross profit, P209,000; operating expenses, P150,000; merchandise inventory, Jan 1, 2017 , P75,000; merchandise inventory, June 30, 2017, P50,000; Accounts Receivable Jan1, P 70,000; Accounts Receivable, June 30, P50,000.
The cost of sales is
Select one:
a. P341,000
b. P313,500
c. P522,500
d. P359,000
The following selected accounts are taken from the ledger ofXYX Merchandisingon June 30, 2017:Sales, P 550,000; Sales Discount, 5%; Gross profit, P209,000; operating expenses, P150,000; merchandise inventory, Jan 1, 2017 , P75,000; merchandise inventory, June 30, 2017, P50,000; Accounts Receivable Jan1, P 70,000; Accounts Receivable, June 30, P50,000.
The operating profit margin(ratio) is
Select one:
a. 40%
b. 28.23%
c. 10.72%
d. 11.29%
Quick ratio is .9, quick assets totaled P22,500, cash is three times the accounts receivable,
Current liabilities is
Select one:
a. P22,050
b. Answer not given
c. P25,000
d. P20,250
The following selected accounts are taken from the ledger ofXYX Merchandisingon June 30, 2017:Sales, P 550,000; Sales Discount, 5%; Gross profit, P209,000; operating expenses, P150,000; merchandise inventory, Jan 1, 2017 , P75,000; merchandise inventory, June 30, 2017, P50,000; Accounts Receivable Jan1, P 70,000; Accounts Receivable, June 30, P50,000.
(ignore income tax), if the shares outstanding is 25,000, the earnings per share is
Select one:
a. P8.36
b. P6.00
c. Answer not given
d. P2.36
Net sales less cost of sales will give us
Select one:
a. Gross profit
b. Gross profit ratio
c. Net profit ratio
d. Cost ratio
The following selected accounts are taken from the ledger ofXYX Merchandisingon June 30, 2017:Sales, P 550,000; Sales Discount, 5%; Gross profit, P209,000; operating expenses, P150,000; merchandise inventory, Jan 1, 2017 , P75,000; merchandise inventory, June 30, 2017, P50,000; Accounts Receivable Jan1, P 70,000; Accounts Receivable, June 30, P50,000.
The days in inventory is
Select one:
a. 71.71 days
b. 86.12 days
c. 57.42 days
d. 143.43 days
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