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Based on the information above, what is P/E ratio of the firm? Group of answer choices 15 14 12 13 Great Inc. The balance sheet
Based on the information above, what is P/E ratio of the firm?
Group of answer choices
15
14
12
13
Great Inc. The balance sheet and income statement shown below are for Great Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. 2016 $ 1,554.0 9,660.0 13.440.0 $24,654.0 17,346.0 $42.000.0 Balance Sheet (Millions of S) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity $ 7,980.0 5,880.0 4.620.0 $18,480.0 10.920.0 $29,400.0 3,360.0 9,240.0 $12.600.0 $42.000.0 Income Statement Millions of S) Net sales Operating costs except depr'n Depreciation Earnings befint and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes Net income Other data: Shares outstanding (millions) Common dividends Int rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 2016 $58,800.0 $54,978.0 $ 1.029.0 $ 2,793.0 1,050.0 $ 1,743.0 $ 610.1 $ 1.133.0 150.00 $ 509.83 6.25% 35% $105.75Step by Step Solution
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