3) The Financial Statement of Skanda Pvt. Ltd. provided below in Table 1 and Table 2....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
3) The Financial Statement of Skanda Pvt. Ltd. provided below in Table 1 and Table 2. You are required to calculate the following ratios for the years 20x4 and 20x5: a) Current ratio g) Average Collection Period h) Fixed Asset Turnover i) Total Asset Turnover b) Quick Ratio e) Debt to Equity Ratio d) Interest Coverage Ratio e) Inventory Turnover Ratio f) Debtors Turnover Ratios or Accounts 1) Return on Total Assets Receivable Tumover Ratios m) Return on Equity Table 1: Skanda Ltd: Profit and Loss Account for year ending 31" March 20x5 20X5 70.1 55.2 42.1 6.8 6.3 Net sales Cost of goods sold Stocks Wages and salaries Other manufacturing expenses Gross profit Operating expenses Depreciation General administration Selling Operating profit Non-operating surplus/deficit Earnings before interest and tax Interest Profit before tax Tax Profit after tax Dividends Retained earnings Por share data (in rupees) Liabilities Share capital Equity Preference Reserves & surplus Secured loans Term loans Cash credit Unsecured loans Bank credit Inter-corporate Current liabilities and provisions 20X5 15.00 15.00 Earnings per share Dividend per share. Market price per share Book value per share Table 2: Skanda Ltd: Balance Sheet as on 31 March 20x5 11.20 14.30 7.00 7.30 6.90 2.50 4.40 10.50 $7.90 20X-4 15.00 15.00 10.60 13.10 j) Gross Profit Margin Ratio Net Profit Margin Ratio k) 5.80 7.30 2.50 2.50 8.10 49.20 14.9 5.6 3.0 1.2 1.4 9.3 (0.4) 8.9 2.1 6.B 3.5 3.3 2.7 0.6 2.2 1.8 21.0 17.46 Assets Fixed assets (net) Gross block Acc. depe'n Investments Current assets, loans, and advances Cash & bank Debtors Inventories Pre-paid exp. Miscellaneous expenditures and losses 20X5 33.00 59.00 26.00 1.00 23.40 1.00 11.40 10.50 0,50 0.50 $7.00 20XJ 62.3 47.5 37.0 5.5 5.0 14.8 4.9 2.6 1.1 1.2 9.9 0.6 10.5 2.2 8.3 4.1 4.2 2.7 1.5 2.8 1.8 20.0 17.07 (Rs in million) 20X4 32.20 46.20 14.00 1.00 15.00 0.00 6.80 7.20 1.00 0.50 19.30 3) The Financial Statement of Skanda Pvt. Ltd. provided below in Table 1 and Table 2. You are required to calculate the following ratios for the years 20x4 and 20x5: a) Current ratio g) Average Collection Period h) Fixed Asset Turnover i) Total Asset Turnover b) Quick Ratio e) Debt to Equity Ratio d) Interest Coverage Ratio e) Inventory Turnover Ratio f) Debtors Turnover Ratios or Accounts 1) Return on Total Assets Receivable Tumover Ratios m) Return on Equity Table 1: Skanda Ltd: Profit and Loss Account for year ending 31" March 20x5 20X5 70.1 55.2 42.1 6.8 6.3 Net sales Cost of goods sold Stocks Wages and salaries Other manufacturing expenses Gross profit Operating expenses Depreciation General administration Selling Operating profit Non-operating surplus/deficit Earnings before interest and tax Interest Profit before tax Tax Profit after tax Dividends Retained earnings Por share data (in rupees) Liabilities Share capital Equity Preference Reserves & surplus Secured loans Term loans Cash credit Unsecured loans Bank credit Inter-corporate Current liabilities and provisions 20X5 15.00 15.00 Earnings per share Dividend per share. Market price per share Book value per share Table 2: Skanda Ltd: Balance Sheet as on 31 March 20x5 11.20 14.30 7.00 7.30 6.90 2.50 4.40 10.50 $7.90 20X-4 15.00 15.00 10.60 13.10 j) Gross Profit Margin Ratio Net Profit Margin Ratio k) 5.80 7.30 2.50 2.50 8.10 49.20 14.9 5.6 3.0 1.2 1.4 9.3 (0.4) 8.9 2.1 6.B 3.5 3.3 2.7 0.6 2.2 1.8 21.0 17.46 Assets Fixed assets (net) Gross block Acc. depe'n Investments Current assets, loans, and advances Cash & bank Debtors Inventories Pre-paid exp. Miscellaneous expenditures and losses 20X5 33.00 59.00 26.00 1.00 23.40 1.00 11.40 10.50 0,50 0.50 $7.00 20XJ 62.3 47.5 37.0 5.5 5.0 14.8 4.9 2.6 1.1 1.2 9.9 0.6 10.5 2.2 8.3 4.1 4.2 2.7 1.5 2.8 1.8 20.0 17.07 (Rs in million) 20X4 32.20 46.20 14.00 1.00 15.00 0.00 6.80 7.20 1.00 0.50 19.30
Expert Answer:
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these accounting questions
-
You are required to calculate the correlation between rats' weight (in grams) and their running speed (in seconds). The correlation was +.46. The means and standard deviations necessary for...
-
In this exercise, you are going to calculate the following ratios for the three segments of Prestige Autos businessNew Cars, Used Cars, and Serviceon the DB Problem 14.1 Template: Net profit margin...
-
A company manufactures and retails clothing. You are required to group the costs which are listed below and numbered (1)-(20) into the following classifications (each cost is intended to belong to...
-
Monroe Inc. is an all-equity firm with 500,000 shares outstanding. It has $2,000,000 of EBIT, and EBIT is expected to remain constant in the future. The company pays out all of its earnings, so...
-
Chicagos Hard Rock Hotel distributes a mean of 1,000 bath towels per day to guests at t he pool and in their rooms. This demand is normally distributed with a standard deviation of 100 towels per...
-
Evaluate each integral. 5 4 xVx + 3y dy
-
A gas turbine works on: (a) Rankine cycle (b) Carnot cycle (c) Joule cycle (d) Erriction cycle
-
A pneumatic control valve is used to adjust the flow rate of a petroleum fraction (sp gr = 0.9) that is used as fuel in a cracking furnace. A centrifugal pump is used to supply the fuel, and an...
-
direction and 0 Find magnitude, resultant for the system of forces 20 kN 25 kN location of of the 60 30 A B shown in figure. 3 m D 3 m C 45 18 kN 12 kN
-
Make a list of assumptions that will be used as the basis for planning the wedding. And no, it is not acceptable to assume that Tony and Peggy Sue will just elope, no matter how tempting that may be!...
-
The two commissions regulating the trading of securities in the United States are: National Association of Securities Dealers (NASD) and Financial Industry Regulatory Authority (FINRA) U.S....
-
Sam signs an employment contract that contains a clause absolving the employer of any liability if Sam is injured on the job. If Sam is injured on the job due to the employers negligence, the clause...
-
What is the definition of crime?
-
What is the principal difference between trial and appellate courts?
-
What is the federal legislation that significantly protects copyrights in the digital age?
-
If a tax is reasonable, it is within the federal taxing power. (True/False)
-
SandyCo has two (2) facilities that mine, clean, and sort sand for use in cement, children's playboxes, and small beaches. They distribute the sand from their two (2) plants, through two (2)...
-
Tiger, Inc. signed a lease for equipment on July 1, 2007.The lease is for 10 years (the useful life of the asset).The first of 10 equal annual payments of $500,000 was made on July 1, 2007.The...
-
Mike purchases a heavy-duty truck (5-year class recovery property) for his delivery service on April 30, 2012. The truck is not considered a passenger automobile for purposes of the listed property...
-
Janie graduates from high school in 2012 and enrolls in college in the fall. Her parents pay $4,000 for her tuition and fees. a. Assuming Janie's parents have AGI of $170,000, what is the American...
-
Mallory Corporation has a calendar year-end. The corporation has paid estimated payments of $10,000 during 2012 but still owes an additional $5,000 for its 2012 tax year. a. When is the 2012 tax...
-
While the BohrSommerfeld condition sometimes gets the energy eigenvalues exactly correct, it can also be used for systems where the exact solution is not known. In this example, we will estimate the...
-
While we introduced the variational method and the power method both as a way to approximate the ground state of some system, they both can be used to approximate excited states as well, with...
-
Let's see how the variational method works in another application. Let's assume we didn't know the ground-state energy of the quantum harmonic oscillator and use the variational method to determine...
Study smarter with the SolutionInn App