Question
Question 2. The following items are taken from the financial statements of Tetra Pack Limited for the year ended December 31, 2015 Cash 54,000 Accounts
Question 2. 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:
i)Operating Expenses Rate
ii) Current Ratio
iii)Dividend Payout
iv)Earnings Per Share
v) Gross Profit Ratio
vi)Return on Equity
vii)Quick Ratio
viii) Dividend Yield
ix)Price Earnings Ratio
x) NP Ratio
xi)Return on Asset
Note: The answer must be handwritten and in an organized manner
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