Homework Answers
| 2020 | 2019 | |||
| Profit Margin | 13.19 | % | 11.83 | % |
| Gross profit Rate | 38.87 | % | 38.09 | % |
| Asset turnover | 1.04 | Times | 0.99 | Times |
| Earnings per share | 2.85 | 2.15 | ||
| Price-Earnings ratio | 2.98 | Times | 3.49 | Times |
| Payout ratio | 46.24 | % | 82.35 | % |
| Debt to asset ratio | 28.01 | % | 32.07 | % |
| 2020 | 2019 | 2018 | |
| Retained earnings | 176000 | 126000 | 114000 |
| Amount trf to retained earnings | 50000 | 12000 | |
| Net income | 93000 | 68000 | |
| Amount paid to dividend | 43000 | 56000 |
Profit Margin = Net Profit / Net Sales
2019 = 68000 / 575000 = 11.83 %
2020 = 93000 / 705000 = 13.19 %
Gross profit rate =Gross profit / Net Sales
2019 = 219000 / 575000 = 38.09%
2020 = 274000 / 705000 = 38.87%
Asset Turnover = Net sales Revenue / Average Total assets
2019 = 575000 / [(547000 + 614000)/2] = 0.99 times
2020 = 705000 / [(614000 + 739000)/2] = 1.04 times
Earnings per share = Earnings available for equity holders / No. of shares outstanding
2019 = 68000 / 31600 = 2.15
2020 = 93000 / 32,600 = 2.85
P/E ratio = Market Price/ Earnings Ratio
2019 = 7.5 / 2.15 = 3.49
2020 = 8.5 / 2.85 = 2.98
Payout ratio = Distribution of Profit/Total profit
2019 = 56000 / 68000 = 82.35 %
2020 = 43000 / 93000 = 46.24 %
Debt to Asset ratio = Debt / Total Assets
2019 = 172000 / 614000 = 28.01 %
2020 = 237000 / 739000 = 32.07 %
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please help me with this
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need the answer within 10 to 15 minutes please.
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please help me with this
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I
need the answer within 10 to 15 minutes please.
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