Question
Express your answers in strictly numerical terms Round each answer to the third decimal space. A- Last Year, a corporation had a book value of
Express your answers in strictly numerical terms
Round each answer to the third decimal space.
A- "Last Year, a corporation had a book value of equity of $400 million of USDs, 5 million shares outstanding, and a market price of $45 per share. The corporation also had cash of $5 million of USDs, and total debt of $300 million USDs. What was the corporation's market capitalization, in million USDs? Note: Express your answers in strictly numerical terms. "
B- "Last Year, a corporation had a book value of equity of $400 million of USDs, 5 million shares outstanding, and a market price of $45 per share. The corporation also had cash of $5 million of USDs, and total debt of $300 million USDs. What was the corporation's market-to-book ratio?Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an answer; or if the answer is $500,000 write enter 500000 as an answer."
C- "Last Year, a corporation had a book value of equity of $400 million of USDs, 5 million shares outstanding, and a market price of $45 per share. The corporation also had cash of $5 million of USDs, and total debt of $300 million USDs. What was the corporation's book debt-equity ratio? Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an answer; or if the answer is $500,000 write enter 500000 as an answer."
D- "Last Year, a corporation had a book value of equity of $400 million of USDs, 5 million shares outstanding, and a market price of $45 per share. The corporation also had cash of $5 million of USDs, and total debt of $300 million USDs. What was the corporation's market debt-equity ratio?Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an answer; or if the answer is $500,000 write enter 500000 as an answer."
E- "Last Year, a corporation had a book value of equity of $400 million of USDs, 5 million shares outstanding, and a market price of $45 per share. The corporation also had cash of $5 million of USDs, and total debt of $300 million USDs. What was the corporation's enterprise value, in million USDs?Note: Express your answers in strictly numerical terms. "
F- " Table 1 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's net working capital (in millions)? Note: Express your answers in strictly numerical terms, and IN million of USDs."
TABLE 1 | |||
Balance Sheet (in million of USDs) | |||
Assets | Liabilities | ||
Current Assets | Current Liabilities | ||
Cash | 70 | Accounts payable | 45 |
Accounts receivable | 45 | Notes payable/short-term debt | 62 |
Inventories | 15 | ||
Total current assets | 130 | Total current liabilities | 107 |
Long-Term Assets | Long-Term Liabilities | ||
Net property, plant, and equipment | 150 | Long-term debt | 112 |
Total long-term assets | 150 | Total long-term liabilities | 129 |
Total Liabilities | 236 | ||
Stockholders' Equity | 44 | ||
Total Assets | 280 | Total Liabilities and Stockholders' Equity | 280 |
G- " Table 1 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. If the company pays back all of its accounts payable today using cash, what will its net working capital be (in million of USDs)? Note: Express your answers in strictly numerical terms, and IN million of USDs."
H- " Table 1 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. If the company buys new property, plant and equipment today using its entire cash balance, what will its net working capital be (in million of USDs)? Note: Express your answers in strictly numerical terms, and IN million of USDs."
I- Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's current ratio for 2020? Note: Express your answers in strictly numerical terms, and IN million of USDs."
TABLE 2 | |||||
Assets | 2020 | 2019 | Liabilities and Stockholders' Equity | 2020 | 2019 |
Current Assets | Current Liabilities | ||||
Cash | 58 | 52 | Accounts payable | 110 | 70 |
Accounts receivable | 75 | 70 | Notes payable / short-term debt | 12 | 10 |
Inventories | 45 | 41 | Current maturities of long-term debt | 45 | 65 |
Other current assets | 8 | 4 | Other current liabilities | 7 | 15 |
Total current assets | 186.0 | 167.0 | Total current liabilities | 174.0 | 160.0 |
Long-Term Assets | Long-Term Liabilities | ||||
Land | 95 | 72 | Long-term debt | 110 | 99 |
Buildings | 130 | 90 | Capital lease obligations | ||
Equipment | 110 | 100 | |||
Less accumulated depreciation | -60 | -47.5 | Deferred taxes | 29 | 22.2 |
Net property, plant, and equipment | 275 | 214.5 | Other long-term liabilities | --- | --- |
Goodwill | 25 | -- | Total long-term liabilities | 139 | 121.2 |
Other long-term assets | 55 | 45 | Total liabilities | 313.0 | 281.2 |
Total long-term assets | 355 | 259.5 | Stockholders' Equity | 228.0 | 105.5 |
Total Assets | 541.0 | 386.7 | Total liabilities and Stockholders' Equity | 541.0 | 386.7 |
J- " Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. If in 2020 the corporation had 15 million shares outstanding and these shares are trading at $20 per share, then what is the company's enterprise value for 2020 (in million of USDs)? Note: Express your answers in strictly numerical terms, and IN million of USDs."
K- Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's quick ratio for 2020? Note: Express your answers in strictly numerical terms, and IN million of USDs."
L- Tables 3 and 4 show the income statement and balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's ROE in 2020? Note: Express your answers in strictly numerical terms, and IN million of USDs."
TABLE 3 | |
Income Statement (in million of USDs) | 2020 |
Total sales | 300 |
Cost of sales | -182 |
Gross Profit | 118 |
Selling, general, and administrative expenses | -35 |
Research and development | -12 |
Depreciation and amortization | -10 |
Other income | 5 |
Earnings before interest and taxes (EBIT) | 66 |
Interest income (expense) | -17 |
Pretax income | 49 |
Taxes | -8 |
Net Income | 41 |
TABLE 4 | |||
Balance Sheet (in million of USDs) | 2020 | ||
Assets | Liabilities | ||
Current Assets | Current Liabilities | ||
Cash | 80 | Accounts payable | 60 |
Accounts receivable | 60 | Notes payable/short-term debt | 3 |
Inventories | 12 | ||
Total current assets | 152 | Total current liabilities | 63 |
Long-Term Assets | Long-Term Liabilities | ||
Net property, plant, and equipment | 150 | Long-term debt | 110 |
Total long-term assets | 150 | Total long-term liabilities | 110 |
Total Liabilities | 173 | ||
Stockholders' Equity | 129 | ||
Total Assets | 302 | Total Liabilities and Stockholders' Equity | 302 |
M- Tables 3 and 4 show the income statement and balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's ROA in 2020? Note: Express your answers in strictly numerical terms, and IN million of USDs."
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