Question
10. Assume the following financial data for Polaris Corporation. Short-term assets ..............................................................................$300,000 Long-term assets ..............................................................................500,000 Total assets .................................................................................$800,000 Short-term debt.................................................................................$200,000 Long-term debt.................................................................................168,000 Total liabilities ...........................................................................368,000
10. Assume the following financial data for Polaris Corporation.
Short-term assets ..............................................................................$300,000
Long-term assets ..............................................................................500,000
Total assets .................................................................................$800,000
Short-term debt.................................................................................$200,000
Long-term debt.................................................................................168,000
Total liabilities ...........................................................................368,000
Common stock .................................................................................200,000
Retained earnings .............................................................................232,000
Total stockholders equity..........................................................432,000
Total liabilities and stockholders equity .........................................$800,000
Total earnings (after-tax)..................................................................$ 72,000
Dividends per share..........................................................................$ 1.44
Stock price........................................................................................$ 45
Shares outstanding ...........................................................................24,000
a. Compute the P/E ratio.
b. Compute the book value per share.
c. Compute the Return on Assets (ROA) and the Return on Equity (ROE).
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Finance And The Behavioral Prospect
Authors: James Ming Chen
1st Edition
331981351X, 978-3319813516
