Question
Amounts are in thousands of dollars (except number of shares and price per share): Kiwi Fruit Company Balance Sheet Cash and equivalents $ 340 Operating
Amounts are in thousands of dollars (except number of shares and price per share):
Kiwi Fruit Company Balance Sheet
Cash and equivalents $ 340
Operating assets 690
Property, plant, and equipment 2,700
Other assets 130
Total assets $ 3,860
Current liabilities $ 920
Long-term debt 1,030
Other liabilities 140
Total liabilities $ 2,090
Paid in capital $ 360
Retained earnings 1,410
Total equity $ 1,770
Total liabilities and equity $ 3,860
Kiwi Fruit Company Income Statement
Net sales $ 8,400
Cost of goods sold (6,500 )
Gross profit $ 1,900
Operating expense (830 )
operating income $ 1,070
Other income 125
Net interest expense (200 )
Pretax income $ 995
Income tax (215 )
Net income $ 780
Earnings per share $ 2.50
Shares outstanding 312,000
Recent price $ 28.00
Kiwi Fruit Company Cash Flow Statement
Net income $ 780
Depreciation and amortization 223
Increase in operating assets (105 )
Decrease in current liabilities (128 )
Operating cash flow $ 770
Net (purchase) sale of property $ 165
Increase in other assets (84 )
Investing cash flow $ 81
Net (redemption) issuance of LTD $ (182 )
Dividends paid (161 )
Financing cash flow $ (343 )
Net cash increase $ 508
Calculate the price-book, price-earnings, and price-cash flow ratios for Kiwi Fruit. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
Price-book ratio _____
Price-earnings ratio ______
Price-cash flow ratio _______
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