Professional Documents
Culture Documents
_______1. Compute the expected value of sales using the PERT-derived method if sales will be most likely
estimated at 520,000, while sales, when the economy is bearish, will be P270,000 and P800,000 when the
market is up.
a. 550,000 c. 400,000
b. 525,000 d. 665,000
_______2. Click Company buys iPhones from its supplier for P2,500 each. For the year 2021, it purchased 7,000
units and sold 9,000 units at P10,000 each. Inventory at the beginning of the year is 4,500 units. What is
Click Company’s inventory turnover?
a. 3.00 c. 2.57
b. 3.25 d. 2.92
_______3. Jelly Corporation’s select data from its December 31, 2021 financial statements are as follows:
_______4. Fun, Inc. debt ratio is 0.60 while its debt-to-equity ratio is 1.50. If stockholders’ equity is 200,000, how
much is the total assets?
a. 400,000 c. 500,000
b. 450,000 d. 600,000
_______5. Sauce Company recorded a year-on-year increase of 50% in net sales while gross margin improved by
66.67%. If gross margin is P30,000 when sales is P50,000 in year 1, what is the cost of sales in year 2?
a. 20,000 c. 25,000
b. 30,000 d. 50,000
If you are given a choice between two projects, which project will you choose and why? The answer
should be between 30-70 words only.