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I would like to know the answer to those questions please from the article below thanks! Exhibit 1 Selected Income and Dividend Data, 1982-1988 (thousands
I would like to know the answer to those questions please from the article below
thanks!
Exhibit 1 Selected Income and Dividend Data, 1982-1988 (thousands of dollars except per share data) Income Before Taxes Income After Taxes Income Per Share Dividends Per Share Market Prices per Share of Common Stock Operating Revenue $7,245 8,325 9,585 11,160 12,510 15,725 15,360 $1.00 1982 1983 1984 1985 1986 1987 1988 est $630,000 $14,490 16,650 19,170 22,320 25,020 28,800 25,600 16 1/4 11 1/4 14 3/4 693,750 737,305 858,460 926,665 1,028,570 1,080,000 1.85 2.48 2.78 3.49 1.25 1.25 1.25 1.50 20 1/8 23 3/4 27 5/8 17 3/8 22 1/4 18 1/2 16 3/8 Excluding the proposed acquisition and its financing Annual rate To May 1 (May 1 prices were 18 7/8-19 1/8) Exhibit 2 Summary Balance Sheet at December 31, 1987 (thousands of dollars) Cash Accounts receivable Inventory Prepaid expenses $19,000 38,450 8,100 $ 74,650 236,650 Current assets Carrier operating property (cost) Less: Accumulated depreciation Net carrier operating property Other assets $147,550 Total assets $253.100 Accounts payable Miscellaneous payables and accruals Taxes payable $ 25,300 20,250 $ 50,600 4,500 40,000 158,000 $202.500 $253,100 Current liabilities Common stock ($1 par) Paid-in surplus Retained earnings Stockholders' equity Total liabilities and stockholders' equityStep by Step Solution
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