Question
On December 11, 2021, the three major soda producers in the world had the following financials (all numbers are in billions): Firm Cash Sales Dividends
On December 11, 2021, the three major soda producers in the world had the following financials (all numbers are in billions):
| Firm | Cash | Sales | Dividends | Value | D/E |
| CSG | Non Available. | $9.2 | $0.4 | $12.2 | 153% |
| Coca Cola Co. | $3.6 | $20.3 | $2.2 | $110.8 | 43% |
| Pepsi Co. | $1.8 | $25.9 | $1.1 | $81 | 22% |
Suomi Sodas Co. had a $210,000 in cash, $9.22 million in sales, zero dividends, and a debt-equity ratio of 10%. What would a price/cash ratio predict its value to be? Elaborate on some shortcomings.
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Personal Finance For Canadians
Authors: Elliot Currie, Thomas Chambers, Kathleen Brown
9th Edition
0132286750, 978-0132286756
