Exercises Bus - Finance
Exercises Bus - Finance
Exercises Bus - Finance
2013 2012
Revenues 168 331 163033
Cost and Operating Expense 125 515 122529
Operating Profit 42 816 40 504
Net Income 35 453 36 099
Current Assets 67 663 84 741
Property and Equipment, Net 192 665 200 078
Total Assets 399 638 405 815
Current Liabilities 129 047 119 673
Total Liabilities 262 312 260 081
Total Equity 137 326 145 734
1. Return on equity
2. Return on assets
3. Operating profit margin
4. Net profit margin
5. Current ratio
6. Debt ratio
7. Total asset turnover ratio
8. Fixed asset turnover ratio
II. Below are the summarized financial statements of Globe Telecom for 2013 and 2012 (in Millions of
Peso)
2013 2012
Revenues 95 141 86 446
Cost and Operating Expense 89 504 78 033
Operating Profit 5 637 8 413
Net Income 4 960 6 845
Current Assets 35 631 34 028
Property and Equipment, Net 110 424 101 422
Total Assets 159 079 148 012
Current Liabilities 54 989 45 826
Total Liabilities 117 440 102 314
Total Equity 41 639 45 698
1. Return on equity
2. Return on assets
3. Operating profit margin
4. Net profit margin
5. Current ratio
6. Debt ratio
7. Total asset turnover ratio
8. Fixed asset turnover ratio
Compare the financial ratios of PLDT and GLOBE and assess which is a better company in terms of
profitability, liquidity, leverage, and efficiency ratios.