II) See the following set of Financial Statements and answer the following set of questions. A) Perform a complete ratio analysis for 2015 (yes all 14 of them!) using the formulas contained in the Ratio sheet of the file in course documents called "Allied Financials The ratios sheet is the first page of this document (You can omit the EBITDA Coverage ratio and the Price/Cash flow ratios) B) Determine Earnings Per Share (number of shares outstanding is 47,335) C) Determine P/E Multiplier (again there are 47,335 shares outstanding) D) Determine Market Book Ratio (market value of stock is $240 per share) Income Statement Sales COGS Gross Profit Selling and Admin Expenses EBIT Interest Exp EBT Taxes FYE 2015 $ 2,869,164 $ 1,291,124 $ 1,578,040 $ 250,000 $ 1,328,040 $ 150,000 $ 1,178,040 $ 42,000 FYE 2014 $ 2.275.000 $ 910,000 $ 1,365,000 $ 240,000 $ 1,125,000 $ 152,500 $ 972,500 $ 29,625 Net Income $ 1.136.040 $942.875 Balance Sheet Assets Current Assets Cash Marketable Securities Accounts Receivable Inventory Total Current Assets Fixed Assets Plant and Equipment Net Total Fixed Assets $ $ $ FYE 2005 90,845 10,000 276,000 337.875 714,720 FYE 2004 $ 98,845 $ 10,000 $ 150,000 $147.500 $ 406,345 $ $ $ $ 6,665,695 6,665,695 $ S 5.767.655 5,767,655 Total Assets $ 7.380.415 6.174.000 Liabilities Current Liabilities Accounts Payable $ 200,000.00 $ 104,625 Notes Payable Total Current Liabilities $ 200,000.00 $ 104,625 Long Term Notes Total Long Term Liabilities $ 1.500.000 $ 1.500.000 $ 1.525.000 $ 1.525.000 Total Liabilities $ 1.700.000 $ 1.629 625 Equity Paid in Capital Retained Earnings Current Earnings Total Equity $ 50,000 $ 4,494,375 $ 50,000 $ 3,551.500 $ 1,136,040 $ 5.680 415 $ 942.875 $ 4,544,375 Total Liabilities and Equity 7.380 415. s 6.174.000 1 III) Fill in the blanks: (Please note 10 answers required each correct answer is worth 2pts) ABC Corp Income Statement Sales: $750,500 Less: Cost of goods sold: 487,500 263,000 Less: b) 110,500 c). d) Interest Expense 79,500 Income Taxes 13,000 60.000 Number of shares outstanding: 10,000 Shareholders equity (from balance sheet) $60,000 Market price of stock: $24.00 per share h) What are the earnings per share of this company? i) What is the Price/Earnings (P/E) ratio for this company? II) See the following set of Financial Statements and answer the following set of questions. A) Perform a complete ratio analysis for 2015 (yes all 14 of them!) using the formulas contained in the Ratio sheet of the file in course documents called "Allied Financials The ratios sheet is the first page of this document (You can omit the EBITDA Coverage ratio and the Price/Cash flow ratios) B) Determine Earnings Per Share (number of shares outstanding is 47,335) C) Determine P/E Multiplier (again there are 47,335 shares outstanding) D) Determine Market Book Ratio (market value of stock is $240 per share) Income Statement Sales COGS Gross Profit Selling and Admin Expenses EBIT Interest Exp EBT Taxes FYE 2015 $ 2,869,164 $ 1,291,124 $ 1,578,040 $ 250,000 $ 1,328,040 $ 150,000 $ 1,178,040 $ 42,000 FYE 2014 $ 2.275.000 $ 910,000 $ 1,365,000 $ 240,000 $ 1,125,000 $ 152,500 $ 972,500 $ 29,625 Net Income $ 1.136.040 $942.875 Balance Sheet Assets Current Assets Cash Marketable Securities Accounts Receivable Inventory Total Current Assets Fixed Assets Plant and Equipment Net Total Fixed Assets $ $ $ FYE 2005 90,845 10,000 276,000 337.875 714,720 FYE 2004 $ 98,845 $ 10,000 $ 150,000 $147.500 $ 406,345 $ $ $ $ 6,665,695 6,665,695 $ S 5.767.655 5,767,655 Total Assets $ 7.380.415 6.174.000 Liabilities Current Liabilities Accounts Payable $ 200,000.00 $ 104,625 Notes Payable Total Current Liabilities $ 200,000.00 $ 104,625 Long Term Notes Total Long Term Liabilities $ 1.500.000 $ 1.500.000 $ 1.525.000 $ 1.525.000 Total Liabilities $ 1.700.000 $ 1.629 625 Equity Paid in Capital Retained Earnings Current Earnings Total Equity $ 50,000 $ 4,494,375 $ 50,000 $ 3,551.500 $ 1,136,040 $ 5.680 415 $ 942.875 $ 4,544,375 Total Liabilities and Equity 7.380 415. s 6.174.000 1 III) Fill in the blanks: (Please note 10 answers required each correct answer is worth 2pts) ABC Corp Income Statement Sales: $750,500 Less: Cost of goods sold: 487,500 263,000 Less: b) 110,500 c). d) Interest Expense 79,500 Income Taxes 13,000 60.000 Number of shares outstanding: 10,000 Shareholders equity (from balance sheet) $60,000 Market price of stock: $24.00 per share h) What are the earnings per share of this company? i) What is the Price/Earnings (P/E) ratio for this company