Question
Type or paste q When preparing a cost of goods manufactured statement from the following information, what is the total cost of goods manufactured? Direct
Type or paste q
When preparing a cost of goods manufactured statement from the following information, what is the total cost of goods manufactured?
Direct materials | $12 |
Advertising expenses | 6 |
Indirect labour | 2 |
Indirect materials | 10 |
Direct labour | 4 |
Other manufacturing overhead | 6 |
Select one:
a. $40
b. None of the options
c. $46
d. $34
e. $32
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If the average market price of Canada Ltds shares is $28 and earnings per ordinary share are $5.60 the P/E ratio is:
Select one:
a. 0.2.
b. 5.0.
c. 0.5.
d. 2.0.
e. None of the options
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Canada Ltd has the following data available.
Sales | $600 000 |
Selling expenses | 120 000 |
Profit | 240 000 |
Using vertical analysis, express selling expenses as a percentage of the base amount.
Select one:
a. 60%
b. None of the options
c. 20%
d. 15%
e. 50%
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The formula for the profit margin ratio is:
Select one:
a. revenue/profit.
b. gross profit/net sales.
c. profit after tax/total assets.
d. profit after tax/revenues.
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In January 2020, Canada Ltd declared and distributed a 10% share dividend (bonus issue) when share capital was $380 000. What is the effect on total shareholders equity?
Select one:
a. It depends on the price of the bonus issue
b. $38 000 increase
c. $38 000 decrease
d. No effect
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