The comparative statements of Beulah Company Limited are presented below. BEULAH COMPANY LIMITED Income Statement For the
Question:
The comparative statements of Beulah Company Limited are presented below.
BEULAH COMPANY LIMITED
Income Statement
For the Years Ended December 31
BEULAH COMPANY LIMITED
Statements of Financial Position
December 31
Additional data:
The ordinary shares recently sold at £19.50 per share.
Instructions
Compute the following ratios for 2017.
(a) Current ratio.
(b) Acid-test ratio.
(c) Accounts receivable turnover.
(d) Inventory turnover.
(e) Profit margin.
(f) Asset turnover.
(g) Return on assets.
(h) Return on ordinary shareholders' equity.
(i) Earnings per share.
(j) Price-earnings ratio.
(k) Payout ratio.
(l) Debt to assets ratio.
(m) Times interest earned?
Step by Step Answer:
Financial Accounting
ISBN: 978-1118978085
IFRS 3rd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso