Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Find: CR=(CA/CL) QR= (CA-INV/CL) DSO= (AR/AVG SALES) ITO=(SALES/INV) TAT= (SALES/TA) NPM=(NI/SALES) ROA=(NI/TA) ROE=(NI/EQ.) ROIC=(NOPAT/TIC) TIE=(EBIT/INTEREST) D2C=(TD/TIC) M/B=(PRICE/BVPS) P/E=(PRICE/EPS) BVPS=(EQ./SHO) EPS=(NI/SHO) MY WORLD: NOVA INCOME STATEMENT

Find:
CR=(CA/CL)
QR= (CA-INV/CL)
DSO= (AR/AVG SALES)
ITO=(SALES/INV)
TAT= (SALES/TA)
NPM=(NI/SALES)
ROA=(NI/TA)
ROE=(NI/EQ.)
ROIC=(NOPAT/TIC)
TIE=(EBIT/INTEREST)
D2C=(TD/TIC)
M/B=(PRICE/BVPS)
P/E=(PRICE/EPS)
BVPS=(EQ./SHO)
EPS=(NI/SHO)
image text in transcribed
image text in transcribed
MY WORLD: NOVA INCOME STATEMENT AND BALANCE SHEET NOVA INCOME STATEMENT NOVA Corp. 1/31 Net sales (in millions) Less: Cost of goods sold Gross Profit Selling & administrative expense Depreciation expense Total Operating Expense Operating Income Interest Income Interest Expense Earnings before taxes Income taxes Net income 2020 10,918 4150 6,768 3,541 381 3,922 2,846 176 52 2,970 174 $2,796 2019 11,716 4,545 7,171 3,105 262 3,367 3,804 150 58 3,896 -245 $4,141 NOVA BALANCE SHEET Assets: (in Millions) Cash and marketable securities Accounts receivable Inventories Other current assets Total current assets Net fixed assets Other assets Total assets LIABILITIES: Accounts payable & Accruals Notes payable Other Current Liabilities Total current liabilities Long-term debt Owner's equity Total liabilities and owner's equity 2020 $10,897 $1,657 979 157 $13,690 $2,292 $1.332 $17,314 2019 $7,422 $1,424 1,575 136 $10,557 $1,404 $1,331 $13,292 $1,176 $1,467 91 226 $1,784 3,326 12,204 $17,314 153 $1,329 2,621 9.342 $13,292 Other Data Ordinary Shares Outstanding (M) Market Price Tax Rate 2020 612 $240.00 5.86% 2019 606 $137.26 3.16%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurial Financial Management An Applied Approach

Authors: Jeffrey R Cornwall, David O Vang, Jean M Hartman

5th Edition

0367335417, 978-0367335410

More Books

Students also viewed these Finance questions