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Data for Barry Computer Co. and its industry averages follow. The firm's debt is priced at par, so the market value of its debt equals
Data for Barry Computer Co. and its industry averages follow. The firm's debt is priced at par, so the market value of its debt equals its book value. Since dollars are in thousands, number of shares are shown in thousands too.
Barry Computer Company
Balance Sheet as of Dec, 31, 2019 (In Thousands)
Cash | $82,460 | Accounts Payable | 141,360 |
Receivables | $353,400 | Other Current Liabilities | 106,020 |
Inventories | $270,940 | Notes Payable to bank | 117,800 |
Total Current Assets | $706,800 | Total current liabilities | 365,180 |
Net Fixed Assets | $471,200 | Long term debt | 270,940 |
Total Assets | $1,178,000 | Common equity (54,188 shares) | 541,880 |
Total Liabilities & Equity | 1,178,000 |
Barry Computer Company
Income Statement for Year eNDED December 31, 2019 (In Thousands)
Sales | $1,900,000 | |
Cost of Goods Sold | ||
Materials | $836,000 | |
Labor | $456,000 | |
Heat, Light and power | $114,000 | |
Indirect labor | $190,000 | |
Depreciation | $76,000 | $1,672,000 |
Gross Profit | $228,000 | |
Selling Expenses | $114,000 | |
General and administrative expenses | $19,000 | |
Earnings before interest and taxes (EBIT) | $95,000 | |
Interest expense | $32,513 | |
Earnings before taxes (EBT) | $62,487 | |
Federal and state income taxes (25%) | $15,622 | |
Net income | $46,865 | |
Earnings per share | 0.8649 | |
Price per share on Dec, 31, 2019 | $13 |
Calculate
1) ROIC
2) M/B
3) P/E
4) EV/EBITDA
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