Homework Answers
Answer:
(in K'million)
1.Return on Capital Employed = Net Income / (Equity + Long Term Liability
= 150 / (200 + 480 ) = 150 / 680 = 22.06%
2.Gross Profit Ratio = Gross Profit / Revenue = 550 / 4000 = 13.75%
3.Asset Turnover = Revenue / Total Assets = 4000 / 1160 = 3.45
4.Receivable Days = 365 / ( Credit Sales / Receivables) = 365 / ( 3000 / 360 ) = 365 / 8.33 = 43.82 Days
5.Inventory Days = 365 / (Cost of goods sold / Inventory ) = 365 / ( 3450 / 250 ) = 365 / 13.80 = 26.45 Days
6.Payables Days = 365 / (Cost of goods sold / Payables ) = 365 / (3450 / 430 ) = 365 / 8.023 = 45.49 Days
7.Current Ratio = Current Assets / Current Liabilities = 610 / 480 = 1.27
8.Quick Ratio = Quick Assets / Current Liabilities = 360 / 480 = 0.75
9.Capital Gearing Ratio = Long Term Liabilities / Capital employed = 200 / 680 = 29%
10.Interest Cover = EBIT / Interest expense = Operating Income / Finance charge = 180 / 20 = 9
11.Earning Per share = Net Income / outstanding no. of shares = 150 / (100/25 ) = 150 / 4 = 37.5
12.Dividend per share = Dividend paid / outstanding no. of shares = 50 / 4 = 12.50
13.Dividend cover = EPS / Dividend per share = 37.5 / 12.5 = 3 Times
14.Price Earnings Ratio = Market Price / EPS = 30 / 37.5 = 0.80
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