Q7:

which of the following ratios indicate the market value of the share to earnings per share

a.

price to earnings

b.

dividends pay-out

c.

earnings per share

d.

dividends yield

Q8:

the following balances exist in the adjusted trial balance at 31/12/2019:

Inventory 1/1 $15,000

Purchases 80,000

purchase returns 7,000

Purchase discount 8,000

freight out 10,000

freight in 3,000

if the physical count finds the inventory balance at 31/12/2019 is $25,000. the cost of sales should be reported as

Select one:

a.

$78,000

b.

$65,000

c.

$58,000

d.

$68,000