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Q31. (Mix Ratios): The following items are taken from the financial statements of Tetra Pack Limited for the year ended December 31, 2015. Cash 54,000
Q31. (Mix Ratios): The following items are taken from the financial statements of Tetra Pack Limited for the year ended December 31", 2015. Cash 54,000 Accounts Receivable (Net) 150,250 Merchandise Inventory 113,000 Accrued Interest on Notes Receivable 2,250 Account Payable 54,000 10% Notes Receivable 8,250 Advances from Customers 750 Ordinary Share Capital (Par Value Rs.10 each) 200,000 Premium on Ordinary Share 60,000 Retained Earnings (Opening) 140,000 Sales 610,250 Gross Profit 260,250 Net Income 125,000 Cash Dividend Declared 60,000 Operating Expenses 200,000 Fixed Assets 312,000 Other Information is as Under: Market Price Per Share is Rs. 21 REQUIRED: (0) Operating Expenses Rate (ii) Current Ratio (ili) Quick Ratio (iv) Dividend Yield (v) Dividend Payout (vi) Earning Per Share (vii) Price Earning Ratio (viii) NP Ratio (ix) Gross Profit Ratio (x) Return on Equity (xi) Return on Assets
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