Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Assume you are given the following abbreviated financial statements: E. On the basis of this information, calculate as many liquidity, activity, leverage, profitability, and common
Assume you are given the following abbreviated financial statements: E. 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 $75.84 per share.) .... The firm's net working capital is $ 53 million. (Round to the nearest million dollars.) Activity measures Data Table The firm's total asset turnover is 1.31. (Round to two decimal places.) Leverage measures The firm's debt-equity ratio is 54. (Round to two decimal places.) The firm's times interest earned ratio is (Round to two decimal places.) Profitability measures The firm's net profit margin is %. (Round to two decimal places.) The firm's return on assets (ROA) is %. (Round to two decimal places.) (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) ($ in millions) Current assets $138 Fixed and other assets $148 Total assets $286 Current liabilities $85 Long-term debt $44 Stockholders' equity $157 Total liabilities and equity $286 Common shares outstanding 12 million shares Total revenues $374 Total operating costs and expenses $304 Interest expense $12 Income taxes $19 Net profits $39 The firm's return on equity (ROE) is % (Round to two decimal places.) Common stock measures The earnings per share (EPS) is $3.25(Round to the nearest cent.) The P/E ratio is (Round to two decimal places.) Dividends paid to common stockholders $11 The sales per share is $. (Round to the nearest cent.) The price-to-sales ratio is . (Round to two decimal places.) The amount of dividends per share is $17. (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 % (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
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started