can you only answer #16
Ams are in the Use the following fancial statement information to answer aestions 11-16 sands of dollars (except number of shares and price per share); Kiwi Frult Company Balance Sheet Cash and equivalents $ 570 Operating assets 650 Property, plant and equipo 2.700 Other assets 110 Total assets $4.030 Current liabilities Long-term debit Other liabilities Totallaties Paid in capital Retained earnings Total equity Total liabilities and equity $ 920 1.280 120 $2320 $ 340 1.370 $1.710 $4,030 Kiwi Fruit Company Income Statement Net sales Cost of goods sold Gross profit Operating expense Operating income Other income Net interest expense Pretax income Income tax Net income $ 7.800 15.900) $ 1,900 1990) $ 910 70 (250) $ 730 1200) $ 530 Earnings per share Shares outstanding Recent price $ 2.00 265,000 $ 34,50 Kiwi Fruit Company Cash Flow Statement Net Income Depreciation and amortization Increase in operating assets Decrease in current liabilities Operating cash flow $530 175 190) (120) $ 495 Net (purchase) sale of property Increase in other assets Investing cash flow $ 180 (80) $ 100 Net (redemption) issuance of LTD Dividends paid Financing cash flow $(190) (220) $(410) $ 185 Net cash increase 12. Calculating Margins (LO3, CFA6) Calculate the gross and operating margins for Kiwi Fruit. 13. Calculating Profitability Measures (LO3, CFA6) Calculate ROA and ROE for Kiwi Fruit and interpret these ratios Chapter 19 Projecting Cash Flow and Earnings 651 14. Calculating Per-Share Measures (LO3, CFA6) Calculate the price-book, price-earnings, and price-cash flow ratios for Kiwi Fruit. 15. Pro Forma Financial Statements (L04, CFA8) Following the examples in the chapter, prepare a pro forma income statement, balance sheet, and cash flow statement for Kiwi Fruit assuming a 10 percent increase in sales. 16. Projected Share Prices (L04, CFA6) Based on Problems 14 and 15, what is the projected stock price assuming a 10 percent increase in sales