Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Find out the Sales, CGS, Cash, A/R, Inventories, Fixed Assets, A/P, Common stock and total liabilities and equities?

Following are the information's:

Debt Ratio=50%, Current ratio=1.8, Total assets turnover=1.5

Days sales Outstanding=36.5 days, 

G/Profit margin: (Sales-CGS)/Sales=25%,

Total Assets=300000,

Long term debt=60000,

Retained earnings=97500.

user-image
Question added by Muhammad Saeed , Accountant , Abaseen Steel Re-Rolling Mills
Date Posted: 2015/03/24
mohamed Hakim CMA CPA Candidate
by mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

1 ) Total Assets Turn Over           sales            /     total assets   

                                                    450000          /     300000         =  1.5

2 ) Debt Ratio                             total liabilities   /   total assets      

                                                  1500000         /    300000        =    .5      

 

3) Accounting                            current liabilities + long term liabilities = total liabilities

                                                    90000              +60000            =150000      

4) Current Ratio                        current assets  /   current liabilities

                                                   162000           /     90000                    = 1.8      

5 ) Gross Profit Margin              (sales -cogs)       / sales 

                                                     ( )  / 450000 =     .25

 

 6 )AR turn over                           AR /   SALEs  /365

                                                 45000 /   (  450000 /365 )      =    36.5

 

  

 

Muhammad Ramzan Tufail  ACCA
by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

Sales =450,000

COGS =337,500

Accounts Receivable =45,000

Fixed Assets =138,000

Current Asset =162,000

Current Liabilities =90,000

Total Liabilities =150,000

 

Thanx....Remaining in your hand...

Mohamed Adel
by Mohamed Adel , Group Financial Manager , Alahly Sabbour real-estate Developments

can you please send the calculations

 

More Questions Like This