Page Setup Statement of Comprehensive Income Elen Company Melanie Company 2020 2019 2020 2019 Net Sales P3.407.921.00 P745.883.60 Cost of Goods Sold 2.377,078.00 530.200.00 Selling Expenses 665,005.00...

1. Compute for the profitability ratios of both Elen and Melanie. Which of the two companies do you believe is more profitable? 2. Compute for the operational efficiency ratios of both Elen and Melanie. Which of the two companies do you believe is more efficient? 3. Compute for the financial health ratios of both Elen and Melanie. Which of the two companies do you believe is more financially healthy?Page Setup<br>Statement of Comprehensive Income<br>Elen Company<br>Melanie Company<br>2020 2019<br>2020 2019<br>Net Sales<br>P3.407.921.00<br>P745.883.60<br>Cost of Goods Sold<br>2.377,078.00<br>530.200.00<br>Selling Expenses<br>665,005.00<br>173,800.00<br>Gen and Admin expenses<br>119,900 00<br>14,630.00<br>Interest expense<br>19.756.00<br>4.954.40<br>Net Income<br>P226,182.00E<br>P22,299.20<br>Statement of Einancial Position<br>Elen Company<br>2০20: 2019 2020 2019<br>71715.00 96102 00 48 774.00<br>350,000.00<br>275 430.00 225 600 00<br>20,000.00 20.000 00<br>1,146,882.00 1100 000 00 307 402.60 276 786 40<br>1,864,027.00 1787 302 00490,740.80 451 613.80<br>Melanie Company<br>29 939 20<br>68 543.00<br>40.345 20<br>16 000.00<br>Cash<br>Accounts Receivable<br>Inventory<br>Prepaid Assets<br>Equipment net<br>Total Assets<br>Current Llabilities 143.715.00<br>|Long term liabilities<br>Owner's Capital<br>Total Liabilities and Owners 1,864,027.00 1787 302 0o 490, 740.80 451613.80<br>Capital<br>345,600 00 75,675.00<br>43 890.20<br>15,000.00<br>166.793 00<br>77 765.60<br>198 000 00 65,164.00 65 000.00<br>66 618.20<br>233,700.00<br>1.481,612.00 1.422 509.00 347811 20 329 995.60<br>vate Windows<br>f 206 words<br>English Philippines<br>

Extracted text: Page Setup Statement of Comprehensive Income Elen Company Melanie Company 2020 2019 2020 2019 Net Sales P3.407.921.00 P745.883.60 Cost of Goods Sold 2.377,078.00 530.200.00 Selling Expenses 665,005.00 173,800.00 Gen and Admin expenses 119,900 00 14,630.00 Interest expense 19.756.00 4.954.40 Net Income P226,182.00E P22,299.20 Statement of Einancial Position Elen Company 2০20: 2019 2020 2019 71715.00 96102 00 48 774.00 350,000.00 275 430.00 225 600 00 20,000.00 20.000 00 1,146,882.00 1100 000 00 307 402.60 276 786 40 1,864,027.00 1787 302 00490,740.80 451 613.80 Melanie Company 29 939 20 68 543.00 40.345 20 16 000.00 Cash Accounts Receivable Inventory Prepaid Assets Equipment net Total Assets Current Llabilities 143.715.00 |Long term liabilities Owner's Capital Total Liabilities and Owners 1,864,027.00 1787 302 0o 490, 740.80 451613.80 Capital 345,600 00 75,675.00 43 890.20 15,000.00 166.793 00 77 765.60 198 000 00 65,164.00 65 000.00 66 618.20 233,700.00 1.481,612.00 1.422 509.00 347811 20 329 995.60 vate Windows f 206 words English Philippines

Jun 10, 2022
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