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Mike, are you being sarcastic?? because I guess it is a really nice question that i have never thought about before!!!!
2.4*2.5= 6 but it is my lack of concentration while i was solving it, thanks a lot 🙂
XYZ has share capital of 1,000,000 shares of $0.50 and $500,000 8% preference share, profit after tax of 30% is $ 420,00. what is the EPS?? sorry for asking such questions again
I am sorry I will ask some questions that might be easy but I am extremely not focused and I guess I have just neglected some small but important points in here
1) Jam co. has inventory of 1M cash of 0.5 M, current liab. of 2.5 M sales 50 M and current ratio of 2.4, what’s the rec. collection period? my answer keeps appearing 29.2
2) Share price is 5.2 it has increased 0.6 than the beg. of the year, div. were .45 what is the return on shareholders funds.?