Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

10 points Save A ABC is a publicly traded company listed on NASDAQ. In ABC's 10-Q and 10-K public statements, ABC disclosed that it recorded

image text in transcribed
image text in transcribed
10 points Save A ABC is a publicly traded company listed on NASDAQ. In ABC's 10-Q and 10-K public statements, ABC disclosed that it recorded a $100 ml. pre-tax inventory write-off due to fre in the company's warehouse in 2015:02 it realized a $50 mil. pre-tax gain other income") on the sale of a non-core business in 2014:03, it additionally realized $40 mil pre-tax gain other income on the sale of a non-core business and $20 mil. pro-tax restructuring costs in connection with a downstring strategy in 201404ABC company produced the following reported Year-to-date.YTD) Income statements during 2014-2015 period. Reported YTD Income Statement 2014:03 2014:04 2015:03 3,500 4100 3600 Sales 2,200 2025 3000 50 90 0 COGS Other Income SGMA Restructuring Charge 675 700 120 g 20 0 EBIT 075 545 480 Interest Expense 75 102 73 Pre-trix income 600 407 Income Tax (386) 228 168.34 154.66 Net Income 372 275 252 ABC has 125 mi, basic outstanding shoes with current stock price of 546 per shore. The company has the following information about the option warrante Options/warrants Tranche Number of Shares mil.) 10.00 7.50 Tranche 1 Exercise Price $ 5.00 $ 25.00 Tranche 2 $ 30,00 Tranche 3 Tranche 4 5.00 2.50 $ 35,00 Wuestion Completion Status: Restructuring Charge 20 0 EBIT 675 15 480 Interest Expense 75 102 73 Pro-tax Income 600 443 407 Income Tax (38%) 228 168.34 154.66 Net Income 372 275 252 ABC has 125 mil. basic outstanding shares, with current stock price of $45 per share. The company has the following information about the options warrants: Options/warrants Tranche Number of Shares (mil.) 10.00 Exercise Price Tranche 1 $ 5.00 Tranche 2 7.50 $ 25.00 Tranche 3 5.00 $ 30.00 Tranche 4 2.50 $ 35.00 Tranche 5 1.00 $ 40.00 Tranche 6 0.50 $ 55.00 Q3. What is ABC'S LTM Earnings per share (EPS)? (10 Points). A. $1.46 B. $1.98 C. $1.76 D. $2.76 Moving to another question will save this response 10 points Save A ABC is a publicly traded company listed on NASDAQ. In ABC's 10-Q and 10-K public statements, ABC disclosed that it recorded a $100 ml. pre-tax inventory write-off due to fre in the company's warehouse in 2015:02 it realized a $50 mil. pre-tax gain other income") on the sale of a non-core business in 2014:03, it additionally realized $40 mil pre-tax gain other income on the sale of a non-core business and $20 mil. pro-tax restructuring costs in connection with a downstring strategy in 201404ABC company produced the following reported Year-to-date.YTD) Income statements during 2014-2015 period. Reported YTD Income Statement 2014:03 2014:04 2015:03 3,500 4100 3600 Sales 2,200 2025 3000 50 90 0 COGS Other Income SGMA Restructuring Charge 675 700 120 g 20 0 EBIT 075 545 480 Interest Expense 75 102 73 Pre-trix income 600 407 Income Tax (386) 228 168.34 154.66 Net Income 372 275 252 ABC has 125 mi, basic outstanding shoes with current stock price of 546 per shore. The company has the following information about the option warrante Options/warrants Tranche Number of Shares mil.) 10.00 7.50 Tranche 1 Exercise Price $ 5.00 $ 25.00 Tranche 2 $ 30,00 Tranche 3 Tranche 4 5.00 2.50 $ 35,00 Wuestion Completion Status: Restructuring Charge 20 0 EBIT 675 15 480 Interest Expense 75 102 73 Pro-tax Income 600 443 407 Income Tax (38%) 228 168.34 154.66 Net Income 372 275 252 ABC has 125 mil. basic outstanding shares, with current stock price of $45 per share. The company has the following information about the options warrants: Options/warrants Tranche Number of Shares (mil.) 10.00 Exercise Price Tranche 1 $ 5.00 Tranche 2 7.50 $ 25.00 Tranche 3 5.00 $ 30.00 Tranche 4 2.50 $ 35.00 Tranche 5 1.00 $ 40.00 Tranche 6 0.50 $ 55.00 Q3. What is ABC'S LTM Earnings per share (EPS)? (10 Points). A. $1.46 B. $1.98 C. $1.76 D. $2.76 Moving to another question will save this response

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

An Empire In Pawn Being Lectures And Essays On Indian Colonial And Domestic Finance Preference Free Trade Etc

Authors: A. J. (Alexander Johnstone) Wilson

1st Edition

1290631565, 9781290631563

More Books

Students also viewed these Finance questions