Question

# Find the ratios for the given Income Statement All numbers in thousands Revenue 12/31/2018 12/31/2017 Total...

Find the ratios for the given Income Statement

All numbers in thousands

 Revenue 12/31/2018 12/31/2017 Total Revenue 243,770,000,000 239,575,376,000 Cost of Revenue 132,390,000,000 129,290,661,000 Gross Profit 111,380,000,000 110,284,715,000 Operating Expenses Research Development 18,350,000,000 16,355,612,000 Selling General and Administrative 34,140,000,000 38,947,445,000 Non Recurring - - - Others - - Total Operating Expenses 184,880,000,000 185,930,338,000 Operating Income or Loss 58,890,000,000 53,645,038,000 Income from Continuing Operations Total Other Income/Expenses Net 2,270,000,000 2,550,929,000 Earnings Before Interest and Taxes 58,890,000,000 53,645,038,000 Interest Expense - -655,402,000 Income Before Tax 61,160,000,000 56,195,967,000 Income Tax Expense 16,820,000,000 14,009,220,000 Minority Interest - 7,278,012,000 Net Income From Continuing Ops 44,340,000,000 42,186,747,000 Non-recurring Events Discontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - - - Other Items - - - - Net Income Net Income 44,340,000,000 41,344,569,000 Preferred Stock And Other Adjustments - - - Net Income Applicable To Common Shares 44,340,000,000 41,344,569,000

#### Homework Answers

Answer #1

Followings are the ratios for income statement :

I) Gross margin = Gross profit / sales * 100

2017 = 110,284,715,000 / 239,575,376,000 * 100

2017 = 46.03%

2018 = 111,380,000,000 / 243,770,000,000 * 100

2018 = 45.69%

II) Net margin = Net profit / Sales * 100

2017 = 42,186,747,000 / 239,575,376,000 * 100

2017 = 17.61%

2018 = 44,340,000,000 / 243,770,000,000 * 100

2018 = 18.19%

III) Times interest earned = Earnings before interest & tax / Interest

2017 = 53,645,038,000 / 655,402,000 = 81.85

2018 = Nil interest

Note : Above ratio is calculated using the data provided.

Other ratios like return on equity & earnings per share is not calculated as outstanding shares detail is not given.

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