Given the Income Statements and Balance sheets for Samsung Electronics Co. Ltd over the two years 2019 and 2018. The after-tax cost of capital (WACC) is 11%.

5. Compared to the industry average of 6.69x, the account receivable turnover ratio for Samsung Electronics for 2019 is considered: *

a. Higher, Good

b. Higher, bad

c. Lower, good

d. Lower, bad

e. Unable to determine due to missing data

6. The net operating profit after tax (NOPAT) for 2019 is: *

a. $88,661

b. $23,677

c. $19,994

d. $56,898

e. None of the above

7. The dollar cost of capital for 2019 is: *

a. $16,518

b. $28,765

c. $32,260

d. $28,597

e. None of the above

8. The economic profit for 2018 is: *

a. $17,442

b. $15,944

c. $23,466

d. $19,877

e. None of the above

9. Return on equity ROE for Samsung Electronics for 2019 is: *

a. 18.77%

b. 5.87%

c. 8.03%

d. 10/18%

e. None of the above

10. Return on common equity (ROCE), for Samsung Electronics for 2018 is: *

a. 38.49%

b. 5.87%

c. 17.4%

d. 209%

e. None of the above

Samsung Electronics Co. Ltd. Income Statement In million dollars 2019 Sales/Revenue 230,400 Cost of Goods Sold 151,017 Gross Profit 79,383 Selling and G&A Expenses 33,444 Research & Development 18,169 EBIT 27,770 Non Operating income/expense 277 Non Operating interest income 2,660 Interest Expense Earnings Before Taxes 30,015 Taxes 8,404 Net Income 21,611 2018 243,771 135,277 108,494 32,688 16,918 58,888 112 2,297 674 58,214 16,300 41,914 692 Notes: Tax Rate 28% 28% 2018 100,939 36,948 28,984 13,675 180,546 279,158 163,741 115,417 43,775 339,738 Samsung Electronics Co. Ltd. Balance Sheet For the year ended at Dec 31, 2019 Assets 2019 Cash and Equivalents 108,779 Accounts Receivable 39,310 Inventory 26,766 Other Current Assets 13,833 Total Current Assets 188,688 Plant & Equipment 304,075 Accumulated Depreciation 184,250 Net Plant & Equipment 119,825 Investment in Land 48,848 Total Assets 357,361 Liabilities and Owner's Equity Accounts Payable 8,718 Short Term Debt 14,393 Current Portion of Long Term Debt 846 Other Current Liabilities 39,824 Total Current Liabilities 63,781 Long-term Debt 3,172 Deferred Taxes 21,348 Total Liabilities 88,301 Common Stock 22,897 Additional Paid-In Capital 155,359 Retained Earnings 90,804 Total Shareholder's Equity 269,060 Total Liabilities and Owner's Equity 357,361 8,479 13,586 33 46,981 69,079 1,047 18,776 88,902 20,897 137,444 92,495 250,836 339,738