Question
The following ratios have been computed for Al-Aqsa company for 2012 Profit Margin = 20% Times interest earned = 9 times Receivables turnover = 3
The following ratios have been computed for Al-Aqsa company for 2012 Profit Margin = 20% Times interest earned = 9 times Receivables turnover = 3 Times Acid test ratio = 2:1 Current ratio = 3:1 Debt to total assets ratio = 20% For 2011: Cash = 450,000 , Marketable Securities = 25,000 , A/R (net) = 40,000 , Inventory = 50,000 , Fixed assets ( net ) = 160,000 , Total assets = 320,000 Account payable = 30,000 , Short term notes payable = 35,000 , Bonds payable = 20,000 , Common stock = 200,000 , Retained earnings = 35,000 , Total liabilities and Equity = 320,000 For 2012: Cash = 30,000 , Marketable Securities = 10,000 , A/R (net) = A , Inventory = B , Fixed Assets = 200,000 , Total Assets = K A/P = C , Short term notes payable = 400,000 , Bonds payable = D , Common stock = 220,000 , Retained earnings = 60,000 , Total liabilities and equity = L Items of income statement for December 31,2012 : Net Sales = 150,000 , Cost of goods sold = 75,000 , Depreciation expense = E , Interest Expense = 5000 , Selling Expenses = 8000 , Administrative expenses = 12000 , Total operating expenses = F , Income before Taxes = G , Income Tax expense = H , Net income = I
5.Net income ( I ) = Required to answer. Single choice.
(3 Points)
25,000
150,000
20,000
30,000
6.Income before income taxes (G) = Required to answer. Single choice.
(3 Points)
35,000
40,000
30,000
45,000
7.Tax expense (H) = Required to answer. Single choice.
(3 Points)
8000
12,000
15,000
10,000
8.Operating expenses (F) = Required to answer. Single choice.
(3 Points)
30,000
40,000
35,000
32,000
9.Depreciation expense (E) = Required to answer. Single choice.
(3 Points)
12,000
10,000
8000
15,000
10.Accounts Receivable (A) = Required to answer. Single choice.
(3 Points)
50,000
40,000
60,000
20,000
11.Accounts payable ( C ) = Required to answer. Single choice.
(3 Points)
15,000
20,000
12,000
10,000
12.Inventory (B) = Required to answer. Single choice.
(3 Points)
90,000
110,000
60,000
50,000
13.Total Liabilities and Equity (L) = Single choice.
(3 Points)
200,000
350,000
250,000
300,000
14.Bonds payable (D ) = Required to answer. Single choice.
(3 Points)
70,000
30,000
20,000
60,000
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Marketing Audit Of A Private Health Care Facility Case Of The Bondeko Clinic
Authors: Tyty ELOOT ONDAIN
1st Edition
6204271237, 978-6204271231
