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Consider the financial data below for the Example Company, and assess the value of the Company. All figures are 000s except for share price. Account
Consider the financial data below for the Example Company, and assess the value of the Company. All figures are 000s except for share price. Account Description Cash Accounts receivable Prepaids Inventories Property & equipment (net) Other assets Total assets Example Company Selected Financial Data 2014 2015 2016 25,141 25,639 32,977 272,450 312,776 368,267 3,982 4,402 5,037 183,722 208,623 222,128 47,578 49,931 55,311 18,734 20,738 23, 075 551,607 622,109 706,795 2017 34,009 419,731 5, 246 260, 492 61,832 26,318 807,628 2018 49,851 477, 324 5,378 298,696 77, 173 36,248 944,670 2019 30,943 542,751 6,648 399,533 91,420 39,403 1,110,698 Accounts payable Accrued expenses Notes payable Long-term debt Deferred taxes payable Other liabilities Total liabilities 49,831 86,087 99,539 62,622 7,551 5,279 310,909 64,321 102,650 118,305 43, 251 7,941 5,521 341,989 70,853 113,732 182,132 35, 407 8,286 5,697 416,107 80,861 131,899 246,420 32,301 8,518 5,593 505,592 94, 677 143, 159 237,741 128,432 9,664 5,252 618,925 78,789 164,243 390,034 126,672 11,926 4,695 776,359 Capital stock Retained earnings Total stockholders equity Total liabilities & equity 73, 253 167,445 240, 698 551,607 87,581 192,539 280, 120 622,109 79,009 211,679 290,688 706,795 71,601 230, 435 302,036 807,628 81,238 244,507 325,745 944.670 73,186 261,153 334,339 1 110 609 Net sales Cost of goods sold Depreciation expense Interest expense Income tax expense Dividends paid Net income 982,244 669,560 8,303 11,248 26,650 13,805 32,563 1,095,083 739, 459 8,380 13,146 34,000 17,160 37,895 1,214,666 817,671 8,972 14,919 38,000 19, 280 41,809 1,259, 116 843, 192 9,619 18,874 32,800 20,426 39,577 1,378, 251 931,237 10,577 16,562 26,500 20,794 35,212 1,648,500 1, 125, 261 12,004 21,128 25,750 20,807 37,787 Number of common shares outstanding at year-end Market price per share 12,817 12,817 13,714 13,728 23,728 13,684 13,684 14,023 13,993 13,993 38 43 55 65 Required: 1. Compute the liquidity and profitability ratios. (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) Liquidity 2016 2014 2015 2017 2018 2019 Ratios A/R turnover Current ratio Quick ratio (Acid test) Inventory turnover Cash flow ratio Profitability 2016 2014 2014 2015 2017 2018 2019 Ratios Return on total assets Return on equity Gross margin % Earnings per share
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