The followings are the excerpts from the profit and loss account and the balance sheet of PL Limited for the year ended 31stMarch 2016 and 2017 1 Compute the net margin ratio, earnings per share and return on equity of the company for the two years 2 Has the performance of the company improved or d...

1 2 Though the net margin ratio of the company has margin ...

The followings are the excerpts from the profit and loss account and the balance sheet of PL

Question:

The followings are the excerpts from the profit and loss account and the balance sheet of PL Limited for the year ended 31stMarch 2016 and 2017.

Particulars Sales Profit after tax Share capital (Face value 10) Other equity (in Million) 2016 2,780 360 50

1. Compute the net margin ratio, earnings per share and return on equity of the company for the two years.

2. Has the performance of the company improved or declined?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Financial Accounting For Managers

ISBN: 9789352868339

3rd Edition

Authors: Sanjay Dhamija

See More Books

Question Posted: Dec 08, 2023 01:13 AM

See More Questions

The following figures are extracted from Tes plc's Annual Report and Accounts. The average risk premium over risk-free securities is 5 per cent. The risk-free rate of return is 6.25 per cent and...
The following information relates to Style Limited for the two years to 30 June 2011 and 2012 respectively: Required: (a) Calculate the following accounting ratios for the two years 2011 and 2012...
The Indian business and investor community received a shock on 7th January 2009 when Mr. Ramalinga Raju, CEO of Satyam Computer Limited (Satyam), by a letter to the board of directors admitted...
A New York Times editorial argued that college students are taken advantage of by credit card companies: The credit card industry has made a profitable art of corralling consumers into ruinous...
Natures Own Garden manufactures organic fruit preserves sold primarily through health food stores and on the Web. The company closes for two weeks each December to enable employees to spend time with...
The website for the Bed and Breakfast Inns of North America gets approximately seven visitors per minute. Suppose the number of website visitors per minute follows a Poisson probability distribution....
True or False: If $P W>0$, then $I R R>M A R R$.
At December 31, 2011, Littman Company reported this information on its balance sheet. Accounts receivable $960,000 Less: Allowance for doubtful accounts 78,000 During 2012, the company had the...
1. (10) A $10 000 bond was issued on January 1st 2015 with a coupon rate of 9.7% and a redemption date of January 1st 2025. What is the purchase price of the bond on January 1st, 2022 when the yield...
The management of ABC Limited is happy to note that the profit for the year 2017 has improved compared to the previous year. You are required to critically review the profitability for the two years...
Based upon the following information calculate the economic value added (EVA) and market value added (MVA) for Hot & Spice Limited. The detail of capital employed by the company in the last two years...
Use implicit differentiation to find dy/dx. e 2 x = sin (x + 3y)
Consider the ultimatum game: The proposer offers a split of $10 between himself and the respondent. The proposer can choose any split (x, 10 x), where x [0, 10] is the amount the respondent gets...
Why do so many U.S. firms build their facilities in other countries in their supply chain designs?
(a) (b) Draw the block diagram representing the Harvard computer architecture, showing proper labels of different blocks and bus interconnections. [5 Marks] Most PIC18 MCUs provide data memory of up...
Our client, Vicki Farthing, has decided to purchase, personally, a used building in 2023 to be used in her new proprietorship business, which is considered to have started with preliminary work on...
You decide to deposit $171 monthly in a 2.9% annual interest bearing account over the next 15 years. How much will have accumulated in the account at the end of the period?
On January 1, 2011, the equity section of Rowen Corporation shows: share capital-ordinary (15 par value) 1,500,000; share premium-ordinary 1,000,000; and retained earnings 1,200,000. During the year,...
What steps must a business take to implement a program of social responsibility?
How are their missions different?
What metrics would you use to measure their effectiveness?
Could some or all use common indicators, or would the indicators need to be varied in light of their distinctive missions?
You boss at Delta Airlines has noticed certain stations are consistently having issues with on-time departures (D0). He would like to know if this poor D0 performance is due to capacity growth at the...
Last year your construction company built a 2,400 square foot home with a two-car garage for $255,658. Another client wants a similar home built, except they want a three-car garage. It is estimated...
Index (Model Type Index) Eng Displ # Cyl Transmission City Fuel Efficiency highway Fuel Efficiency Transmission (Auto, Manual) 562 2 4 Auto(A8) 22 24 Auto 49 2.9 6 Auto(S8) 18 28 Auto 118 2 4...

The followings are the excerpts from the profit and loss account and the balance sheet of PL

Question:

Particulars Sales Profit after tax Share capital (Face value 10) Other equity (in Million) 2016 2,780 360 50 835 2017 3,345 402 50 895

Step by Step Answer:

1 2 Though the net margin ratio of the company has margin...View the full answer

Financial Accounting For Managers

Students also viewed these Business questions