Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Kiwi Fruit Company Balance Sheet Cash and equivalents Operating assets Property, plant, and equipment Other assets Total assets $390 840 3,600 205 $5,035 Current liabilities
Kiwi Fruit Company Balance Sheet Cash and equivalents Operating assets Property, plant, and equipment Other assets Total assets $390 840 3,600 205 $5,035 Current liabilities Long-term debt Other liabilities Total liabilities Paid in capital Retained earnings Total equity Total liabilities and equity $1,100 1,725 215 $3,040 $435 1,560 $1,995 $5,035 Kiwi Fruit Company Income Statement Net sales Cost of goods sold Gross profit Operating expense Operating income Other income Net interest expense Pretax income Income tax Net income $8,700 -7,100 $1,600 -520 $1,080 200 -200 $1,080 -290 $790 Earnings per share Shares outstanding Recent price $2.00 395,000 $29.00 Kiwi Fruit Company Cash Flow Statement Net income Depreciation and amortization Increase in operating assets Decrease in current liabilities Operating cash flow Net (purchase) sale of property Increase in other assets Investing cash flow $790 204 -100 -120 $774 $240 -81 $159 Net (redemption) issuance of LTD Dividends paid Financing cash flow Net cash increase -$207 -198 -$405 $528 Calculate the price-book, price-earnings, and price-cash flow ratios for Kiwi Fruit. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Price-book ratio Price-earnings ratio Price-cash flow ratio
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started