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Overall assessment: 17. Assume that you have $1,000 that you would like to invest in the common stockofa company. Evaluate the common stock of Caseys
Overall assessment:
17. Assume that you have $1,000 that you would like to invest in the common stockofa company. Evaluate the common stock of Caseys General Store as a potential investment. From the data available on the attached financial statements, or items discussed in class, identify the three most important criteria that you would use to make your investment decision, and explain why each is important - defend your answer.(7 points)
r3 GENtam STORE. CONSOLIDATED STATEMENTS OF INCOME anthousands, except per share amounts) Yours ended April 30, 2016 2015 Total revenue S 122,086 7,767,216 7840,255 Cost of goods sold (exclusive ofdepreciation and amortization, shown below) 6,618,239 6,327.43 Gross profit IA39,785 1.222,016 operating expenses 960,424 857,297 Depreciation and amortization 170,937 156,111 131,160 Interest, net 40,173 41,225 39,915 Income before income taxes 706 282,025 193,644 Federal and state inoome taxes 122,724 101,397 66,824 Net income 225,982 S 80,628 26,820 Net income per common share 5.79 466 S 330 5.73 4.62 3.26 See accompanying Notes to Consolidated Financial StatementsStep by Step Solution
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