RATIOS15 Marks
Each of the following unrelated ratio questions provides you with a number of facts. For each question you will need all except one of those facts to calculate the required ratio.
( a ) Required: Calculate the NET PROFIT RATIO.
Gross Profit $250,000
Gross Profit Ratio 40%
Expenses (other than C.O.G.S) $150,000
Tax Rate 30%
Dividend per Ordinary Share $3.00
Sales625,000 100%
Less COGS(375,000) 60%
Gross Profit 250,000 40%
Less Expenses(150,000)
Profit before tax 100,000
Tax (30,000)
Net Profit after Tax 70,000
Net Profit after Tax=$70,000= 11.20%
Sales 625,000
( b ) Required: Calculate the CURRENT RATIO.
Total Current Assets $400,000
Total Non Current Assets $700,000
Total Non Current Liabilities $600,000
Total Shareholders' Funds$300,000
Bank Overdraft $100,000
Assets=Liabilities + Owners EquityCurrent400,000=200,000Non Current700,000=600,000Owners Equity =300,000 1,100,000=1,100,000
Current Ratio:Current Assets=400,000= 2 : 1
Current Liabilities200,000
( c ) Required: Calculate the TIMES INTEREST COVERAGE
Net Profit Before Tax $140,000
Interest on Debentures$60,000
Tax Rate 30%
Lease Payments$20,000
Times Interest Coverage: EBIT = 200,000= 3.33 times
Interest60,000
( d ) Required: Calculate the DIVIDEND PER ORDINARY SHARE
Market Price of Ordinary Share $2.34 each
Net Profit Before Tax$2,000,000
Tax Rate 30%
RATIOS15 Marks
Each of the following unrelated ratio questions provides you with a number of facts. For each question you will need all except one of those facts to calculate the required ratio.
( a ) Required: Calculate the NET PROFIT RATIO.
Gross Profit $250,000
Gross Profit Ratio 40%
Expenses (other than C.O.G.S) $150,000
Tax Rate 30%
Dividend per Ordinary Share $3.00
Sales625,000 100%
Less COGS(375,000) 60%
Gross Profit 250,000 40%
Less Expenses(150,000)
Profit before tax 100,000
Tax (30,000)
Net Profit after Tax 70,000
Net Profit after Tax=$70,000= 11.20%
Sales 625,000
( b ) Required: Calculate the CURRENT RATIO.
Total Current Assets $400,000
Total Non Current Assets $700,000
Total Non Current Liabilities $600,000
Total Shareholders' Funds$300,000
Bank Overdraft $100,000
Assets=Liabilities + Owners EquityCurrent400,000=200,000Non Current700,000=600,000Owners Equity =300,000 1,100,000=1,100,000
Current Ratio:Current Assets=400,000= 2 : 1
Current Liabilities200,000
( c ) Required: Calculate the TIMES INTEREST COVERAGE
Net Profit Before Tax $140,000
Interest on Debentures$60,000
Tax Rate 30%
Lease Payments$20,000
Times Interest Coverage: EBIT = 200,000= 3.33 times
Interest60,000
( d ) Required: Calculate the DIVIDEND PER ORDINARY SHARE
Market Price of Ordinary Share $2.34 each
Net Profit Before Tax$2,000,000
Tax Rate 30%
RATIOS15 Marks
Each of the following unrelated ratio questions provides you with a number of facts. For each question you will need all except one of those facts to calculate the required ratio.
( a ) Required: Calculate the NET PROFIT RATIO.
Gross Profit $250,000
Gross Profit Ratio 40%
Expenses (other than C.O.G.S) $150,000
Tax Rate 30%
Dividend per Ordinary Share $3.00
Sales625,000 100%
Less COGS(375,000) 60%
Gross Profit 250,000 40%
Less Expenses(150,000)
Profit before tax 100,000
Tax (30,000)
Net Profit after Tax 70,000
Net Profit after Tax=$70,000= 11.20%
Sales 625,000
( b ) Required: Calculate the CURRENT RATIO.
Total Current Assets $400,000
Total Non Current Assets $700,000
Total Non Current Liabilities $600,000
Total Shareholders' Funds$300,000
Bank Overdraft $100,000
Assets=Liabilities + Owners EquityCurrent400,000=200,000Non Current700,000=600,000Owners Equity =300,000 1,100,000=1,100,000
Current Ratio:Current Assets=400,000= 2 : 1
Current Liabilities200,000
( c ) Required: Calculate the TIMES INTEREST COVERAGE
Net Profit Before Tax $140,000
Interest on Debentures$60,000
Tax Rate 30%
Lease Payments$20,000
Times Interest Coverage: EBIT = 200,000= 3.33 times
Interest60,000
( d ) Required: Calculate the DIVIDEND PER ORDINARY SHARE
Market Price of Ordinary Share $2.34 each
Net Profit Before Tax$2,000,000
Tax Rate 30%
RATIOS15 Marks
Each of the following unrelated ratio questions provides you with a number of facts. For each question you will need all except one of those facts to calculate the required ratio.
( a ) Required: Calculate the NET PROFIT RATIO.
Gross Profit $250,000
Gross Profit Ratio 40%
Expenses (other than C.O.G.S) $150,000
Tax Rate 30%
Dividend per Ordinary Share $3.00
Sales625,000 100%
Less COGS(375,000) 60%
Gross Profit 250,000 40%
Less Expenses(150,000)
Profit before tax 100,000
Tax (30,000)
Net Profit after Tax 70,000
Net Profit after Tax=$70,000= 11.20%
Sales 625,000
( b ) Required: Calculate the CURRENT RATIO.
Total Current Assets $400,000
Total Non Current Assets $700,000
Total Non Current Liabilities $600,000
Total Shareholders' Funds$300,000
Bank Overdraft $100,000
Assets=Liabilities + Owners EquityCurrent400,000=200,000Non Current700,000=600,000Owners Equity =300,000 1,100,000=1,100,000
Current Ratio:Current Assets=400,000= 2 : 1
Current Liabilities200,000
( c ) Required: Calculate the TIMES INTEREST COVERAGE
Net Profit Before Tax $140,000
Interest on Debentures$60,000
Tax Rate 30%
Lease Payments$20,000
Times Interest Coverage: EBIT = 200,000= 3.33 times
Interest60,000
( d ) Required: Calculate the DIVIDEND PER ORDINARY SHARE
Market Price of Ordinary Share $2.34 each
Net Profit Before Tax$2,000,000
Tax Rate 30%
2．考试标准考试标准是以普通高等学校的教学要求为参照标准，在考试的总体水平上，与普通高等学校相应专业的学历层次水平相一致。它是由专升本考试的招生录取计划、考试大纲和参考教材来具体体现的。
（5）综合题（本类题共1题，15分）。试卷满分100分。
（5）综合题（本类题共1题，15分）。试卷满分100分。
（5）综合题（15分）试卷满分100分。
（5）综合题（15分）试卷满分100分。客观题出题范围第1～11章，主观题出题范围第2～9章。
（6）综合题（本类题共1题，15分）。试卷满分100分。
（4）计算题（10分，共1题，每小题10分，需要列出计算过程）；
（5）计算题（本类题共2题，每题8分，共16分，需要计算的列出计算过程）；
（5）计算题（本类题共4题，前3小题每题10分，第4题为英文试题，15分。共45分）；
2.计算题（15分）RATIOS15MarksEachofthefollowingunrelatedratioquestionsprovidesyouwithanumberoffacts.Foreachquestionyouwillneedallexceptoneofthosefactstocalculatetherequired
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