Homework Answers
| name of the ratio | formula | 2022 | RATIO | 2023 | RATIO | % Change |
| Return on Equity | (Net Income/Average Stock Holders Equity)*100 | (50000/205000)*100 | 24 | 53000/(202500)*100 | 26 | 2 |
| Note: as per the question No Stock transaction occurred during the year 2021-22 there for average not taken | ||||||
| Note: as there is change in the capital hence average is taken i.e 205000+200000 (new issue of shares)/2= 202500 | ||||||
| Debt to Assets Ratio | (Total Debt/Total Assets)*100 | (529000/870000)*100 | 61 | (358000/905000)*100 | 40 | -21 |
| 2022 Total Debts=171000+66000+40000+252000=529000 | ||||||
| 2023 Total Debts=66000+40000+252000=358000 | ||||||
| Price Earning Ratio | Market Price of Share/Earning per Share | 9/2.43902439 | 3.69 | 13/1.31 | 9.92 | 6.23 |
| Earning Per Share | Net Income/ outstanding share | 50000/20500 | 2.44 | 53000/40500 | 1.31 | |
| Note: net income of 2023 is not given hence situation 1 net income is taken i.e 53000 | ||||||
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