Reference no: EM132937262

The financial statements of trading company Vervoort nv contain the following balance sheets after profit distribution as at 31 December 2014 and 31 December 2015. The numbers are in thousands of euros.

The following information is also available for 2015:

1. An issue of shares took place on 1 July. The new shares participate fully in the profit for 2015. All shares have a nominal value of €100.
2. During the year, €1,200,000 was invested in buildings and €70,000 in inventory. No sales of buildings or inventory have occurred.
3. Turnover in 1993 amounts to €48.4 million, including 21% turnover tax. 90% of this was sold on account.
4. The profit balance for 2015 is €2,750,000. The profit is used for corporate tax 40%, in addition to the reserves and dividend.
5. The debts arising from the profit distribution are shown on the balance sheet under Other short-term debts.

Problem 1. Calculate the dividend percentage of Vervoort nv for 2015 (1 decimal)

Problem 2. Calculate the issue price in euros at which Vervoort nv placed the shares in 2015.

Problem 3. Calculate the turnover time of the equity of Vervoort nv.

Problem 4. Calculate the cash flow per share as at December 31, 2015.

Problem 5. Calculate the credit term of the debtors as at December 31, 2015.

Problem 6. Calculate the quick ratio in at least 2 decimal places as at 31 December 2015