August 2011
Beginner
547 pages
16h 12m
English
Sales = Rs 2,00,000
Cost of goods sold = Rs 1,20,000
Fixed operating cost = Rs 20,000
Interest payment = Rs 5,000
Taxes @ 30%
In 2004, sales are expected to rise to Rs 3,00,000. Find out the net profit based on proforma income statement and using percent-of-sales method.
Assets/sales ratio = 0.8
Trade credit/sales ratio = 0.40
Net profit margin = 7%
Dividend pay-out ratio 50%
Previous year’s sale = 2000 units
Compute the maximum sales growth rate that can be financed through internal funds only.
Sales = Rs 30,000
Assets = Rs 20,000
Bills payable = ...
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