Dividend income from investments 10,000,000 Distribution income from trusts 500,000 Interest income on deposits 700,000 Income from bank treasury bills 100,000 Income from dealing in securities held for trading 600,000 Write-down on securities held for trading 150,000 Other income 250,000
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10. An investment entity provided the following data for the current year:
Dividend income from investments 10,000,000
Distribution income from trusts 500,000
Interest income on deposits 700,000
Income from bank treasury bills 100,000
Income from dealing in securities held for trading 600,000
Write-down on securities held for trading 150,000
Other income 250,000
Finance cost 300,000
Administrative staff costs 3,800,000
Sundry administrative costs 1,400,000
Income tax expense 2,000,000
Question 1: What is the income before tax?
a. 12,000,000 c. 11,750,000
b. 12,150,000 d. 11,550,000
Question 2: What is the total amount of expenses before tax?
a. 7,500,000 c. 5,500,000
b. 5,650,000 d. 7,650,000
Question 3: What is the net income for the year?
a. 6,500,000 c. 4,650,000
b. 4,500,000 d. 4,250,000
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- An investment entity provided the following data for the current year: Dividend income from investments 10,000,000 Distribution income from trusts 500,000 Interest income on deposits 700,000 Income from bank treasury bills 100,000 Income from dealing in securities held for trading 600,000 Writedown on securities held for trading 150,000 Other income 250,000 Finance cost 300,000 Administrative staff costs 3,800,000 Sundry…Given the following Year 9 selected balance sheet data: Assets Cash on Hand Total Current Assets Total Fixed Asset Investments Total Assets Liabilities and Shareholder Equity Accounts Payable Overdraft Loan Payable 1-Year Bank Loan Payable Current Portion of Long-Term Loans $116,000 235,000 230,000 $465,000 $ 56,000 0 0 17,000 Total Current Liabilities 73,000 Long-Term Bank Loans 46,000 Total Liabilities 119,000 Year 8 Year 9 Shareholder Equity: Balance Change Common Stock (at a par value of $0.50 per share 10,050 0 10,050 Additional Capital 81,500 0 81,500 Retained Earnings Total Shareholder Equity Total Liabilities and Shareholder Equity 162,450 92,000 254,450 254,000 +92,000 346,000 $465,000 Based on the above figures and the definition of the debt:equity percentages (or debt%:equity%) presented in the Help section for p. 5 of the Camera and Drone Journal, the company's debt:equity percentages (rounded to the nearest whole percentage--like 25% and 75%) and its current ratio areYou are given the following data: EBIT : OMR 500,000 Shareholders funds : OMR 1200,000 Non current liabilities : OMR 800,000 Then return on capital employed is
- Balance Sheet You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $670,000, Accounts receivable = $870,000, Inventory = $570,000, Accrued wages and taxes = $111,000, Accounts payable = $207,000, and Notes payable = $1,070,000. What is Cypress's net working capital? Multiple Choice $1,388,000 O $2,110,000 $722,000 O $3,498,000Data pertaining to the current position of company are as follows:Cash $ 800,000Marketable securities 550,000Accounts and notes receivable (net) 850,000Inventories 700,000Prepaid expenses 300,000Accounts payable 1,200,000Notes payable (short-term) 700,000Accrued expenses 100,000Compute:(a) the working capital, (b) the current ratio(c) the quick ratioThe following information relates to Basic Lid. for the year ended 31" December 2021: Net working capital RO. 1.200.000 Fixed assets to proprietor's fund ratio 0.75 Working capital turnover ratio 5 timeg Return on Equity 15% Current liabilities RO. 400.000 Long term Debts 0 You are required to calculate: Proprietor's funds Fixed Assets Current assets Net profit ratio Current ratio
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- Your company's income statement for the year ended 30 September 20X8 showed the following: $'000 Net profit before interest and tax 1,200 Interest 200 1,000 Corporation tax 400 Retained profit for the year 600 Its statement of financial position at 30 September 20X7 showed the following capital: $'000 Share capital 8,000 Retained profits balance 1,200 9,200 10% loan stocks 2,000 11,200 Return on average capital employed for the year ended 30 September 20X8 is A 5.88% B 10.17% C 10.43% D none of these(a) Calculate Return on Investment from the followingGross Profit Rs.100000, Office Expenses Rs. 10000, Selling and Distribution expenses Rs. 25000, Interest on Bank Loan Rs. 8000, Income tax Rs. 12000,Fixed Assets Rs. 300000, Current Assets Rs. 150000 & Current Liabilities Rs.125000(b) Calculate the earning per share from the following data15000 Equity Share of Rs. 10 each 15000010 % Preference Share Capital 100000Net Profit before Tax 55000.Calculate the proprietary ratio from the following information: Fixed Assets 12,80,000 Current Assets 7,20,000 8% Debentures 5,60,000 10% Mortgage loan 3,30,000 Bank overdraft2,20,000 Trade payabletrade 1,90,000