In 2020, ABC Online Mart Ltd. had sales of Tk. 280,000. Selling and Administration expenses represented...
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In 2020, ABC Online Mart Ltd. had sales of Tk. 280,000. Selling and Administration expenses represented 8% of sales. Preferred stock dividend paid Tk. 36,000. Tax rate was 25%. Cost of goods sold was Tk. 120,000. Interest expense was Tk. 22,000. Common shares outstanding was 25,000. Depreciation was Tk 27,600. Follow proper format to prepare an income statement and calculate Earnings Per Share. * Your answer Calculate Price earning ratio (P/E Ratio) of ABC Online Mart Ltd. if the share price is Tk. 24 * Your answer 7 points 2 points In 2020, ABC Online Mart Ltd. had sales of Tk. 280,000. Selling and Administration expenses represented 8% of sales. Preferred stock dividend paid Tk. 36,000. Tax rate was 25%. Cost of goods sold was Tk. 120,000. Interest expense was Tk. 22,000. Common shares outstanding was 25,000. Depreciation was Tk 27,600. Follow proper format to prepare an income statement and calculate Earnings Per Share. * Your answer Calculate Price earning ratio (P/E Ratio) of ABC Online Mart Ltd. if the share price is Tk. 24 * Your answer 7 points 2 points
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Answer a Sales Tk 280000 COGS Tk 120000 Gross profit Sales COGS Tk 160000 Selling and admin exp... View the full answer
Related Book For
Financial Accounting an introduction to concepts, methods and uses
ISBN: 978-0324789003
13th Edition
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
Posted Date:
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