Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assume you are given the following abbreviated financial statements: 5. On the basis of this information, calculate as many liquidity, activity, leverage, profitability, and common

image text in transcribed

Assume you are given the following abbreviated financial statements: 5. On the basis of this information, calculate as many liquidity, activity, leverage, profitability, and common stock measures as you can. (Note: Assume the current market price of the common stock is $67.82 per share.) Liquidity measures ... The current ratio is 1.54. (Round to two decimal places.) The firm's net working capital is 5 million. (Round to the nearest million dollars.) Activity measures Data Table The firm's total asset turnover is 1.37. (Round to two decimal places.) Leverage measures (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) The firm's debt-equity ratio is 27 (Round to two decimal places.) The firm's times interest earned ratio is 5.31. (Round to two decimal places.) Profitability measures The firm's net profit margin is 9.92 %. (Round to two decimal places.) The firm's return on assets (ROA) is 13.62 %. (Round to two decimal places.) Current assets Fixed and other assets Total assets Current liabilities Long-term debt Stockholders' equity Total liabilities and equity Common shares outstanding Total revenues Total operating costs and expenses Interest expense Income taxes Net profits ($ in millions) $103 $154 $257 $67 $40 $150 $257 11 million shares $353 $284 $13 $21 $35 The firm's return on equity (ROE) is 23.33 %. (Round to two decimal places.) Common stock measures The earnings per share (EPS) is $3.18 (Round to the nearest cent.) The P/E ratio is 21.33 (Round to two decimal places.) $10 The sales per share is $ (Round to the nearest cent.) Dividends paid to common stockholders The price-to-sales ratio is 4.97 (Round to two decimal places.) The amount of dividends per share is $34.59 (Round to the nearest cent.) Print Done The dividend yield on the common stock is % (Round to two decimal places.) The dividend payout ratio is 34.59%. (Round to two decimal places.) The firm's book value per share is $. (Round to two decimal places.) The price-to-book value is s (Round to the nearest cent.)

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

Elliot Wave Techniques Simplified How To Use The Probability Matrix To Profit On More Trades

Authors: Bennett A. McDowell

1st Edition

0071819304,0071819312

More Books

Students also viewed these Finance questions

Question

Rolling friction explain?

Answered: 1 week ago

Question

Sliding friction explain?

Answered: 1 week ago

Question

Define ISI.

Answered: 1 week ago

Question

Describe the Indian public distribution system.

Answered: 1 week ago