Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following information furnished by Al Naba Manufacturing for measuring financial performance by calculating the ratios. The list of assets, equity and liability is given
The following information furnished by Al Naba Manufacturing for measuring financial performance by calculating the ratios. The list of assets, equity and liability is given below:- Assets Land and Building Plant and Equipment Furniture and Fitting Inventories Accounts and other receivables Cash Bank Equity & Liabilities Equity Share Capital Bonds Payable Accounts Payable Outstanding expenses Short term Bank borrowing Amount (OMR) 500,000 300,000 50,000 150,000 75,000 15,000 55,000 400,000 100,000 120,000 10,000 80,000 The list of Income statement items is given below:- Sales Cost of goods sold General and Administrative Expenses Selling and Marketing Expenses Depreciation Expenses Interest Expenses Taxes Amount (OMR) 750,000 400,000 55,000 25,000 30,000 20,000 30,000 Additional Information: 1. Dividend paid by the company in the year 2020 is RO 15,000 2. The face value of each share is RO 0.300 3. The market price of shares at end 2020 is RO 0.600 Requirement: You are required to calculate: - [5 Marks] 1. Earnings per share 2. Interest cover 3. Dividend cover 4. Price/Earnings ratio 5. Gross Profit Margin Ratio 6. Operating profit Ratio 7. Return on Assets 8. Return on Working Capital Ratio 9. Current Ratio 10. Quick Ratio
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started