Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Geneva Automobiles SA had a net income of CHF 154000 in 2022. Geneva's Auto Balance Sheet includes the following data in 000 : Further

image text in transcribed
Geneva Automobiles SA had a net income of CHF 154000 in 2022. Geneva's Auto Balance Sheet includes the following data in " 000 : Further information; indicate that Geneva Automobiles had 120000 common shares outstanding through out the year 2022. It also had warrants outstanding for 20000 shares with strike price of CHF 48 per share and an average stock Price was CHF 36 and year-end price was CHF 60 . (A) Under the US-GAAP, how much is Geneva Automobiles cash flow from financing for 2022? (5\% marks) (B). How many shares should be used in computing Geneva diluted EPS? (5\% marks) C). If in 2023, Geneva Automobiles had a net profit of CHF 120000 and paid a dividend of CHF 30000 but the Shareholders Equity remained same as that of 2022 , what was Geneva Automobile's Sustainable growth rate? (10\% marks)

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

Structured Finance And Insurance

Authors: Christopher L. Culp

2nd Edition

0471706310, 978-0471706311

More Books

Students also viewed these Finance questions