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no income statement was provided for first question Balance Sheet year 1 year 2 1. using given information what is the capital turnover in year
no income statement was provided for first question
Balance Sheet year 1 year 2 1. using given information what is the capital turnover in year 2 using avarage invested capital? ( assume operating tax rate of 30 percent and cost of capital 9 percent) operating cash excess cash and marketable securities accounts receivable inventory current assets 10.6 102.8 90 150 353.4 15 100 94.5 157.5 367 2. What is ROIC in year 2? 3. is is creating value in year 2? Property plant and equipment equity investments 206.7 180 219.8 180 total assets 740.1 766.8 116.6 45 accounts payable short-term debt accrued expenses current liabilities 119.6 45 89.1 253.7 90.1 251.7 Long-term debt common stock retained earnings 68.4 120 300 80.6 120 312.5 total liabilities and equity 740.1 766.8 INCOME STATEMENT Balance Sheet 150 operating profit interest expense ebt $ 365 150 (20.00) 130 (32.00) inventory property plant & equipment equity investments total assets taxes $ 515 net income 98 50 operating tax rate 25% 190 Accounts payable debt equity Liabilitties and Equity 275 515 1. Based on the information what is the ROIC? Balance Sheet year 1 year 2 1. using given information what is the capital turnover in year 2 using avarage invested capital? ( assume operating tax rate of 30 percent and cost of capital 9 percent) operating cash excess cash and marketable securities accounts receivable inventory current assets 10.6 102.8 90 150 353.4 15 100 94.5 157.5 367 2. What is ROIC in year 2? 3. is is creating value in year 2? Property plant and equipment equity investments 206.7 180 219.8 180 total assets 740.1 766.8 116.6 45 accounts payable short-term debt accrued expenses current liabilities 119.6 45 89.1 253.7 90.1 251.7 Long-term debt common stock retained earnings 68.4 120 300 80.6 120 312.5 total liabilities and equity 740.1 766.8 INCOME STATEMENT Balance Sheet 150 operating profit interest expense ebt $ 365 150 (20.00) 130 (32.00) inventory property plant & equipment equity investments total assets taxes $ 515 net income 98 50 operating tax rate 25% 190 Accounts payable debt equity Liabilitties and Equity 275 515 1. Based on the information what is the ROICStep by Step Solution
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