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please help me answer this ASSESSMENT Problem: The data shown below were obtained from the financial records of the BST Corporation for the year ended

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ASSESSMENT Problem: The data shown below were obtained from the financial records of the BST Corporation for the year ended December 31, 2020 Sound Break Corporation Income and Retained Earnings Statement For the year Ended December 31, 2020 Net Sales P1,000,000 Cost of Goods Sold: Inventory, Dec. 31, 2019 P250,000 Purchases 720,000 Total Goods Available P970,000 Inventory 220.000 250.000 Gross Margin on Sales P 250,000 Selling and Administrative (including Depreciation of P20,0001 125.000 Net Income before Tax P 125,000 Provision for Income Tax 35 000 Net Income for the Year P 90,000 Retained Earnings, beginning 130.020 Total P 220,000 Dividends Paid 30 020 Retained Earnings, December 31, 2020 P 190,000 Sound Break Corporation BALANCE SHEET December 31, 2019 and 2020 ASSETS 2019 2020 Current Assets: Cash P 75,000 P 05,000 Marketable Securities 25,000 25,000 Trade Receivables, net 185,000 245,000 Inventory, at cost 250,000 220,000 Prepaid Expenses 15.000 10.000 Total Current Assets 2550.000 P585 0020 Property and Other Assets: Equipment, net P340,000 P320,000 Other Assets 15.000 15.000 Total Property and Other Assets P155.0OO P435.000 Total Assets P905.000 P720.000 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Trade Payables P185,000 P165,000 Accrued Expenses 25,000 Other Current Liabilities 10.0CQ 10.000 Total Current Liabilities P215,000 P200.000 Long-Ter Liability Mortgage Payable P120.000 P120 000 Stockholders' Equity Capital Stock, P100 par P300,090 P300,000 Additional Paid.In Capital 50.000 30,00 Retained Earnings Appropriated 90,000 90,00 Retained Earnings Unappropriated 180.800 190 000 Total Stockholders Equity P570.000 P400 000 Total Liabilities and Stockholders' Equity P905.000 P920.000 REQUIRED Compute the following ratios and measurements for 2020. a. Amount of working capital. b. Current ratio C. Acid-test (Quick] Ratio d. Cash flow from Operations to Current Liabilities c. Inventory Turnover f. Rate of Gross Profit on sales g. Book Value per Share of Stock . Ratio of Net Income to Net Sales i. Net Earnings per share of stuck j. Rate of Return on invested capital k. Cash flow from Operations to Total Liabilities 1. Ratio of Stockholders' Equity to Total Liabilities

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