BillboardsRUs and Outdoor SignCorp have the following selected information available. Required A. Calculate the return on assets,
Question:
Billboards–R–Us and Outdoor SignCorp have the following selected information available.
Required
A. Calculate the return on assets, return on equity, and market to book value for each year.
B. Evaluate the effects that operating activities and financing activities appear to have had on the value of each company to its stockholders.
C. Has the stock price responded as you would expect?Explain.
Transcribed Image Text:
Billboards-R-Us: Total assets Stockholders' equity Net income (millions) Diluted earnings per share Market value per share Total market value $11,665 3,326 $10,862 3,551 704 1.40 24.25 11,761 $ 9,989 3,382 761 1.54 24.81 11,810 $12,431 3,939 2 1.62 28.50 13,680 20.63 9,902 Outdoor SignCorp: Total assets Stockholders' equity Net income (millions) Diluted earnings per share Market value per share Total market value S 4,077 1,528 $ 6,101 2,246 740 5.48 97.13 13,112 S 5,533 1,816 $4,828 1,390 331 2.45 67.50 9,113 2 5.17 77.00 10,326 4.78 69.13 9,311 0
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A 2005 2004 2003 2002 BillboardsRUs Return on assets net income total assets 65 17 65 76 Return on e...View the full answer
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Related Book For
Financial Accounting Information For Decisions
ISBN: 978-0324672701
6th Edition
Authors: Robert w Ingram, Thomas L Albright
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