ratios
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- The following are comparative financial statements of Excellent Marketing Pte Ltd: Excellent Marketing Pte Ltd Comparative Income Statements For the year ended 31 December, 2021 2020 2019 Sales 298,200 249,000 215,700 COGS 108,890 84,262 66,200 Gross Profit 189,310 164,738 149,500 Selling Expenses 34,020 29,685 27,000 Administrative Expenses 25,140 21,915 23,550 Total Expenses 59,160 51,600 50,550 Profit before tax 130,150 113,138 98,950 Income tax Expenses 9,075 8,865 7,950 Net profit 121,075 104,273 91,000 (i) Show the income statement data for the three years in common-size percents. (ii) Interpret the percentage computed and elaborate on the changes to the company performance over the years presented9 - The income statement of a Business for the period 2019 is as follows: 31.12.2019 % Gross sales 45.200 TL 102.72 Discounts From Sales 1.200 TL 2.72 Net Sales 44,000 TL 100.00 Cost of sales 12.500 TL 28.41 Gross Profit on Sales 31,500 TL 71.59 This table was prepared according to which of the following analysis methods? a) Technical analysis B) Analysis with Vertical Percentage Method NS) Ratio Analysis D) Comparative Tables Analysis TO) Trend Percentages AnalysisQuestion 13 The extract disclosed below relates to JohNicho Limited for the year ended December 31, 2021 JohNicho Limited Statement of Comprehensive Income for the year ended 31st December: Net Sales Cost of goods sold SG&A Other costs Operating Income (EBIT) Interest Extraordinary income EBT Taxes Net Income Non-current assets Property, Plant & Equipment Motor vehicles Furniture Total non-current assets Current assets Trade Receivables Other Current Assets Inventories Total Current Assets Total assets Current liabilities Accounts payable Other current liabilities Total Current Liabilities JohLex Limited Statement of Financial Position as at 31st December: 2020 GHC Long-term Debt Debenture Total non-current liabilities 10 Shareholders' equity Total Liabilities and Equity GHC 6,386 18,472 6,759 8,461 25,265 19,811 20,753 Required to calculate: (a) Inventory turnover period (in days) (b) Receivable collection period (in days) (c) Payable collection period (in days) (d) Working capital…
- X Company collected P12350 in interest during 2019 X showed P1,850 in interest on its December 31, 2021 statement of financial position and P5,300 on December 31, 2020 How much is the Interest Revenue to be reported on X's statement of comprehensive income in 2021?HIC GROUP OF Companies COMPARATIVE INCOME STATEMENT For years ended 3rd December 2019 2020 Revenue and gains Sales revenue 495,500 496,738.75 Interest revenue 278,500 279,196.25 Investment Income 71,700 71,879.25 Other revenue 101,500 101,753.75 Total revenue and gains 947,200 949,968 Expenses and losses Cost of good sold 450,000 447,750 Selling&administrative 185,000 184,075 Computer (operating) 42,500 42,288…The following are the financial statement JNC Ltd. for the year ended 31 March 2020: JNC Ltd. Income statement For the year ended 31 March 2020 $”M” Revenue 1276.50 Cost of sales (907.00) 369.50 Distribution costs (62.50) Administrative expenses (132.00) 175.00 Interest received 12.50 Interest paid (37.50) 150.00 Tax (70.00) Profit after tax 80.00 JNC Ltd. Statement of financial position as at 31 March 2020 2019 $”M” $”M” ASSETS: Non- current assets: Property, plant and equipment 190 152.5 Intangible assets 125 100 Investments 12.5 Current assets: Inventories 75 51 Receivables 195 157.5 Short-term investment 25 Cash in hand 1 0.5 Total assets 611 474 Equity and liabilities: Equity: Share capital (10 million ordinary shares of $ 10 per value) 100 75 Share premium 80 75 Revolution reserve 50 45.5 Retained earnings 130 90 Non-current liabilities: Loan 85 25…
- HIC GROUP OF Companies COMPARATIVE INCOME STATEMENT For years ended 3rd December 2019 2020 Revenue and gains Sales revenue 495,500 496,738.75 Interest revenue 278,500 279,196.25 Investment Income 71,700 71,879.25 Other revenue 101,500 101,753.75 Total revenue and gains 947,200 949,968 Expenses and losses Cost of good sold 450,000 447,750 Selling&administrative 185,000 184,075 Computer (operating) 42,500 42,288 Depreciation 50,000…The following financial statements were extracted from the books of Alpha Ltd. and Omega Ltd. for the yearended 31 March 2023:Statement of profit or loss for the year ended 31 March 2023:Alpha Ltd. Omega Ltd.Sh.“million” Sh.“million”Revenue 1,699.815 2,058.96Cost of sales (1,171.045) (1,397.135)Gross profit 528.77 661.825Less: Operating expenses (354.775) (469.89)Net profit 173.995 191.935Less: Finance expenses (22.31) (31.625)Profit before tax 151.685 160.31Tax (36.8) (40.02)Profit for the year 114.885 120.29Statement of financial position as at 31 March 2023:Alpha Ltd. Omega Ltd.Non-current assets Sh.“million” Sh.“million”Land and building 414.00 586.5Furniture and fittings 100.65 104.88514.05 691.38Current assets:Inventories 680.80 463.45Trade receivables 202.86 370.185Bank 97.29 105.34980.95 938.975Total assets 1,495 1,630.355Capital and liabilities:Capital:Ordinary share capital 368.00 287.50Retained earning 422.74 718.29790.74 1,005.79Non-current liabilities:Bank loan 218.50…BHP Group Ltd.- 2019 and 2020 Partial Balance Sheet Assets Liabilities & Owner’s Equity 2019 2020 2019 2020 Current assets $4665 $7279 Current liabilities $2076 $4256 Net Fixed assets $7033 $11378 Long-term debt $3712 $1980 Total Equity (Total assets – total liabilities) (Total assets – total liabilities) BHP Group Ltd.- 2020 Income Statement Sales $10073 Cost of goods sold $5815 Depreciation $2227 Interest paid $1284 Taxes $1202 Calculate the Profit margin ratio of BHP Group Ltd. for the financial year 2020
- ect Assignment The preliminary 2024 income statement of Alexian Systems, Incorporated, is presented below: ALEXIAN SYSTEMS, INCORPORATED Income Statement. For the Year Ended December 31, 2024 ($ in millions, except earnings per share) Revenues and gains: Sales revenue Interest revenue Other income Total revenues and gains. Expenses: Cost of goods sold Selling and administrative expense Income tax expense Total expenses Net Income Earnings per share $ 435 6 128 569 247 158 41 446 $123 $ 12.30 Saved Help Additional information: 1. Selling and administrative expense includes $28 million in restructuring costs. 2. Included in other income is $120 million in income from a discontinued operation. This consists of $90 million in operating income and a $30 million gain on disposal. The remaining $8 million is from the gain on sale of investments. 3. Cost of Goods Sold in 2024 includes an increase of $10 million to correct an understatement of Cost of Goods Sold in 2023. The amount is material.…The following are the statement of comprehensive income and financial position of Jones Limited as at December 31st, 2019: Jones Limited Statement of Comprehensive Income for the Year Ended 31st December 2019 GH₵ GH₵ Net profit 45,200 Jones Limited Statement of Financial Position as at 31st December 2019 31/1/2019 31/1/2018 GH₵ GH₵ Non-current assets 209,600 150,000 Accumulated depreciation (38,000) (24,000) 171,600 126,000 Current assets Inventory 19,600 21,000 Receivables 20,400 17,200 Bank 11,400 10,000 Cash 8,400 3,600 59,800 51,800 Total assets 231,400 177,800 Equity capital Stated capital 103,600 42,400 Income surplus 56,600 160,200 45,200 87,600 Noncurrent…Do the calculations in excel, attach excel screenshots and explain the steps and formulas used for solving the problem. Following are the particulars available