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How do you estimate the price of a stock with this information? All numbers in millions. Also the firm recently issued 47 million dollars of
How do you estimate the price of a stock with this information?
All numbers in millions.
Also the firm recently issued 47 million dollars of debt and has plans to issue 24 million in equity as market conditions permit.
259 174 1537 470 -89 2351 Assets: Current Assets: Cash and Cash Equivalents 259 Accounts Receivable 174 Inventories 1537 Long-Term Assets: Plant, Property, and Equipment 470 Less: Accumulated Depreciation -89 Total Assets 2351 Liabilities Current Liabilities Notes Payable 235 Bonds Payable 59 Long-term Liabilites Long-term Debt, Excluding current portion 470 Equity Common Stock 150 Retained Earnings 1437 235 59 470 150 1437 2351 Sales 1036 COGS 414 SG&A (incl. marketing) 83 Interest Expense 61 EBT 478 Income Taxes 167 Net Income 311 1036 414 83 61 478 167 311 Shares Outstanding: 389 million 259 174 1537 470 -89 2351 Assets: Current Assets: Cash and Cash Equivalents 259 Accounts Receivable 174 Inventories 1537 Long-Term Assets: Plant, Property, and Equipment 470 Less: Accumulated Depreciation -89 Total Assets 2351 Liabilities Current Liabilities Notes Payable 235 Bonds Payable 59 Long-term Liabilites Long-term Debt, Excluding current portion 470 Equity Common Stock 150 Retained Earnings 1437 235 59 470 150 1437 2351 Sales 1036 COGS 414 SG&A (incl. marketing) 83 Interest Expense 61 EBT 478 Income Taxes 167 Net Income 311 1036 414 83 61 478 167 311 Shares Outstanding: 389 millionStep by Step Solution
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