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Inc. has reparted its audited financial statements for the year - cid 2 0 1 8 in Tahle 1 . Tabln 1 : Awditisd Ralance
Inc. has reparted its audited financial statements for the yearcid in Tahle
Tabln : Awditisd Ralance Shet for k YE
For the unandited balanoe sheet and incotse statement are presented in Thbles and respectively.
Tahbe : Unatudited Eolluncn Shavt for YE
Thble Iinauditad farome Statrmant for YE
Upon amalyzing the unadited fimacials longrightarrow Bey; the auditor of thr Inc., have found following incorrect
journal entries:
Cash collection of $ of accoumts recervables have not been journalized,
Sales of $ ou accounts receivible of items with a cost of $ has been journalixed twior
Cash payment of $ of short term debt has not beea jouraalized.
Ine. has adjusted the respective events, and published its audited financial statements where assets are equal to
liabilities and the stockholder's equity.
Inc.s shares are truding at $ and it has shares outstanding.
Inc.; eurrent and
exposted dividend payout ratio is Return on risk free asset and market are and respectively. of
Inc. is estimated to be Assume the degree of operating leverage is
Calculate helow according to December wadited financial statememts.
Q Cash coerversion cycle.
Qb Debttocapital ratia Not percent. For exausle, if you find do not enter ar Eater
Q Constant grouth rate Not peroent. For example, if you find do not eater or Eriter
Q Value of Minalla Ine'stock according to constant growth model.
Q Primetoearnings umitiple Not peroent. For example, if you find do not enter or Eater
Q Pribetobook vulue multiple Not perceat. For example, if you find do not eater or Enter
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