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Below is the balance sheet for 2020 and 2021 and the income statement for 2021 for some company. Use the information to answer the questions
Below is the balance sheet for 2020 and 2021 and the income statement for 2021 for some company. Use the information to answer the questions below.
Below is the balance sheet for 2020 and 2021 and the income statement for 2021 for some company. Use the information to answer the questions below. \begin{tabular}{lcc} B. Income Statement - 2021 & & \\ \hline Sales & & \\ COGS & $506,454 & \\ EBITDA & & $359,328 \\ Depreciation/Amortization & & $44,463 \\ EBIT & $102,663 & \\ Interest Expense & & $19,683 \\ Taxable Income & $82,980 & \\ Taxes (25\%) & & $20,745 \\ Net Income & $62,235 & \\ & & \\ Dividends & $25,000 & \\ Retained Earnings & $37,235 & \\ \hline \end{tabular} 8. Construct the Dupont identity. 9. Suppose this company has 20,000 shares outstanding and the price of the stock is $58 at the end of 2021. i. What is the price-earnings ratio? ii. What are the dividends per share? iii. What is the market-to-book ratio at the end of 2021Step by Step Solution
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