Question
Jurong Berhad is the Malaysia's largest home improvement retailer. Jurong Berhad Depot operates over 2,200 stores that sell a wide assortment of building materials and
Jurong Berhad is the Malaysia's largest home improvement retailer. Jurong Berhad Depot operates over 2,200 stores that sell a wide assortment of building materials and home improvement and lawn and garden products. Jurong Berhad recently reported the following balance sheet data (in millions):
Jurong Berhad Consolidated Income Statement Year ended December 31 (in $millions)
2020 | 2019 | |
Total sales | 610.1 | 562.8 |
Cost of sales | -500.2 | -380.8 |
Gross profit | 109.9 | 182 |
Selling, general, and administrative expenses | -40.5 | -40.7 |
Research and development | -24.6 | -23.4 |
Depreciation and amortization | -3.6 | -3.3 |
Operating income | 41.2 | 114.6 |
Other income | - | - |
Earnings before interest and taxes (EBIT) | 41.2 | 114.6 |
Interest income (expense) | -25.1 | -14.1 |
Pretax income | 16.1 | 100.5 |
Taxes | -5.5 | -35.175 |
Net income | 10.6 | 65.325 |
Price per share | $16 | S15 |
Sharing outstanding (millions) | 10.2 | 8.0 |
Stock options outstanding (millions) | 0.3 | 0.2 |
Stockholders' Equity | 126.6 | 63.6 |
Total Liabilities and Stockholders' Equity | 533.1 | 386.7 |
(a) operating margin
(b) net profit margin
(c) earnings before interest, taxes, depreciation, and amortization (EBITDA)
(d) return on equity (ROE).
(e) return on assets (ROA)
(25 marks)
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