Financial Statements

Global Corporation has 3.7 million shares outstanding and shares are trading for $15

Calculate the following for 2005. (30PTS, Two Points Each)

Quick Ratio

Current Ratio

Market to Book Ratio

Debt to Equity Ratio

Enterprise Value

EPS

Operating Margin

Net Profit Margin

Return on Equity

P/E Ratio

Inventory Turnover

Days of Sales Outstanding

ROA

ROE

Did the tax rate increase from 2004 to 2005? If so, by how much?

TABLE 2.1 Global Conglomerate Corporation Balance Sheet for 2005 and 2004 GLOBAL CONGLOMERATE CORPORATION Consolidated Balance Sheet Year ended December 31 (in $ millions) 2005 Assets Current Assets Cash Accounts receivable Inventories Other current assets 2004 Liabilities and Stockholders' Equity Current Liabilities Accounts payable Notes payable / short-term debt Current maturities of long-term debt Other current liabilities 2005 200 21.2 18.5 15.3 2.0 57.0 19.5 13.2 14.3 29.2 3.5 13.3 2.0 48.0 24.5 3.2 12.3 4.0 44.0 Total current assets 48.0 Total current liabilities Long-Term Assets Long-Term Liabilities 20.7 30.5 33.2 56.3 22.2 36.5 39.7 (18.7) (17.5)Deferred taxes 79.7 20.0 21.0 120.7 99.9 Land Buildings Equipment Less accumulated depreciation Long-term debt Capital lease obligations Total debt 99.9 56.3 7.6 7.4 66.9 Other long-term liabilities Net property, plant, and equipment Goodwil Ot 107.5 155.5 22.2 63.7 107.7 21.2 128.9 lotal long-term liabilities her long-term assets 14.0 Total Liabilities Stockholders Equity Total Liabilities and Stockholders Equit lotal long-term assets 80.9 Total Assets 128.9