1. ABC Had sales of P12,000,000 of which all were on credit. Its operations resulted to a gross profit margin of 60%. If the inventory was P600,000 and P1,000,000 at the beginning and end of the year, what is the inventory turnover? 2. Review the incomplete horizontal analysis shown in the image. Assuming that for 2021, the debt-to-equity ratio of the firm is 1:2, and 40% of the liabilities is current, what is the current ratio? 2020 in pesos 2021 in percent P ??? 2,500,000 P 3,000,000 Current Assets 110% Noncurrent Assets 105% Total Assets ???% 3. An entity has an earnings per share of P5.10 while its dividends yield is 7.5%. If its average market price per share is P60, what is the entity's earnings retention rate?

1. ABC Had sales of P12,000,000 of which all were on credit. Its operations resulted to a gross profit margin of 60%. If the inventory was P600,000 and P1,000,000 at the beginning and end of the year, what is the inventory turnover? 2. Review the incomplete horizontal analysis shown in the image. Assuming that for 2021, the debt-to-equity ratio of the firm is 1:2, and 40% of the liabilities is current, what is the current ratio? 2020 in pesos 2021 in percent P ??? 2,500,000 P 3,000,000 Current Assets 110% Noncurrent Assets 105% Total Assets ???% 3. An entity has an earnings per share of P5.10 while its dividends yield is 7.5%. If its average market price per share is P60, what is the entity's earnings retention rate?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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