Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Given the following (fake) financial statements calculate the Price-to-sales multiple for the firm. Additionally the firm is currently trading at $70.19, has an EPS of

image text in transcribed
image text in transcribed
image text in transcribed
Given the following (fake) financial statements calculate the Price-to-sales multiple for the firm. Additionally the firm is currently trading at $70.19, has an EPS of $5.19, and a Market cap of a $766,917,552 Balance Sheet Prior Year Current Year Cash 6.730,344 6,832,306 Accounts Receivable 666.802 443,015 Inventory 4,576,906 6,353,628 Current Assets 6,730,344+666,802+4,576,906 6,832,306+443,015+6,353,628 PP&E.net 15,513,171 27,215,058 Goodwill 4.299,453 5,090,245 Other assets 516,016 518,981 631,574 221,367 Accounts Payable Short term portion of debt 1,287,207 470,735 Deferred Dividends 5,521,952 1,903,506 Current Liabilities 631,574+1,287,207+5,521,952 221,367+470,735+1,903,506 Long Term debt 42.915,554 48,074,539 Shareholder's Equity (7,484,556 shares outstanding for prior year; 46,032,575 5,148,719 shares outstanding for current year) 51,379,624 Income Statement Prior Year Current Year Revenue 27.221.677 34.501,242 COGS SG&A expenses Operating Income Interest Expense Income Taxes Paid 19,343,883 3.010.725 ?? 130,696 507,689 21,322,277 3,081,423 ?? 301,221 468,995 Statement of Cash Flows Prior Year Current Year Cash Flow from Operating Net Income 1,319,186 152,526 1,233,159 347.793 102,678 1.142,592 75,076 -1,113,493 Depreciation Amortization Loss/Gain on sale of PP&E Cash Flow from Investing Capital Expenditures Proceeds from sale of PP&E Cash Flow from Financing Dividends to Shareholders Repurchase of Shares 5,512,930 243,744,867 7,884.772 293,068,872 5,317,249 17,459,465 6,806,704 1,108,825

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

Forensic And Investigative Accounting

Authors: D. Larry Crumbley, Lester E. Heitger, Stevenson Smith

5th Edition

0808026879, 9780808026877

More Books

Students also viewed these Accounting questions