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find debt to capital ratio, p/e ratio, free cash flow Roshan Industries 2017 and 2018 Balance Sheets, Income Statements and other pertinent information are shown
find debt to capital ratio, p/e ratio, free cash flow
Roshan Industries 2017 and 2018 Balance Sheets, Income Statements and other pertinent information are shown below. What is Rosnan's 2018 Debt to Capital Ratio? Tit At 4 Balance Sheets: 2018 2017 Cash and equivalents $100 $85 Accounts receivable $275 $300 Inventories $375 $250 Total current assets $750 $635 Net plant and equipment $2,000 $1,490 Total assets $2.750 $2.125 Accounts payable $150 $85 Accruals $75 $50 Notes payable $150 $75 Accounts payable $150 $85 Accruals $75 $50 Notes payable $150 $75 Total current liabilities $375 $210 Long-term debt $450 $290 Common stock $1,225 $1,225 Retained earnings $700 $400 Total liabilities and equity $2,750 $2,125 Income Statements: 2018 2017 Sales $2.000 $1,500 Operating costs excluding depreciation $1,250 $1,000 EBITDA $750 $500 Depreciation and amortization $100 $75 Sales $2,000 $1,500 Operating costs excluding depreciation $1.250 $1.000 EBITDA $750 $500 Depreciation and amortization $100 $75 EBIT $650 $425 Interest $62 $45 EBT $588 $380 Taxes (40%) $235 $152 Net Income $353 $228 Dividends paid $53 $48 Addition to retained earnings $300 $180 Shares outstanding 110 110 Price $ 25.00 $ 22.50 EBITDA $750 $500 Depreciation and amortization $100 $75 EBIT $650 $425 Interest $62 $45 EBT $588 $380 Taxes (40%) $235 $152 Net income $353 $228 Dividends paid $53 $48 Addition to retained earnings $300 $180 Shares outstanding 110 110 Price $ 25.00 $ 22.50 Cost of Capital 10.00 % 22.54% Step by Step Solution
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