Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please see the english question.. Compute the following ratios for 2020 SOAL 3 (30%) Dibawah ini merupakan penayjian dari pernyataan komparatif PT AJ The comparative

Please see the english question.. image text in transcribed
image text in transcribed
Compute the following ratios for 2020
SOAL 3 (30%) Dibawah ini merupakan penayjian dari pernyataan komparatif PT AJ The comparative statements of PT AJ are presented below PT AJ Income Statement For the Year Ended December 31 2020 2019 Net Sales (All on account) $ 3,500,000 $ 2,900,000 Cost of Goods Sold 1,700,000 1.300.000 Gross Pront 1,800,000 1,600,000 Selling and Administrative Expenses 950.000 710.000 Income from operations 850,000 890,000 Interest expense 15,000 20.000 Income Before Income Tax 835,000 870,000 Income Tax Expense 35.000 40.00000 Net Income S 800,000 S 830.000 2019 PT AJ Statements of Financial Position 31 December Assets 2020 Property, Plant & Equipment (PPE) $ 450.000 Intangible Assets 130,000 Inventory 30.000 Account Receivable feet) 110.000 Short-term investments 95.000 Casti 135.000 TOTAL ASSE IS 5 980.000 True Kacwice Gal S 360.000 120.000 25.000 115.000 33.000 27.000 S680.000 $ 232,000 453,000 $ 230,000 205,000 $ 435.000 $ 685.000 Equity & Liabilities Equity Share Capital Ordinary ($15 par) Reained Earnings TOTAL EQUITY Llabilities Bonds Payable Salaries and Wages Payable Account Payable Income Taxes Payable TOTAL LIABILITIES TOTAL EQUITY & LIABILITIES 60,000 60.000 35,000 140,000 30,000 50.000 55,000 110,000 S 245.000 $ 295.000 $ 280,000 $ 680,000 Diminta (Instructions): Hitung rasio berikut untuk tahun 2020. (Salan biasa rata-rata tertimbang pada tahun 2020 adalah 20.000) Compute the following ratios for 2020. Weighted-average ordinary shares in 2020 were 20,000) a. Current Ratio g. Return on assets b. Acid-Test Ratio h. Return on ordinary shareholders' equity Account Receivable Tumover i. Earnings per share d Average Collection Period j. Times Interest Famed e Inventory Tumover k. Debt to total Asset f. Asset tumover Good Luck and God Bless You

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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_2

Step: 3

blur-text-image_3

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

Management Audit Maximizing Your Companys Efficiency And Effectiveness

Authors: John Nolan

1st Edition

0801975581, 978-0801975585

More Books

Students also viewed these Accounting questions

Question

Evaluate employees readiness for training. page 275

Answered: 1 week ago