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Styles Question 2. The following items are taken from the financial statements of Tetra Pack...

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Styles Question 2. The following items are taken from the financial statements of Tetra Pack Limited for the year ended December 31", 2015. Cash Accounts Receivable (Net) 54,000 150,250 Merchandise Inventory 113,000 Accrued Interest on Notes Receivable 2,250 Account Payable 54,000 10% Notes Receivable 8,250 Advances from Customers 750 Ordinary Share Capital (Par Value Rs 10 each) 200,000 Premium on Ordinary Share 60,000 Retained Earnings (Opening) 140,000 Sales 610,250 Gross Profit 260250 Net Income 125.000 Cash Dividend Declared 60.000 Operating Expenses 200,000 Fixed Assets 312.000 Other Infomation is as Under: Market Price Per Shareis ks. 21 REQUIRED I 1) Operating Expenses Rate vii) Quick Ratio Current Ratio viii) Dividend Yield 111) Dividend Payout b) Price Eamings Ratio NP Ratio Eamings Per Share Gross Profit Ratio d) Retum on Asset Return on Equity 37

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