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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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