Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please find EVA, MVA, Market-to-book ratio, Inventory Turnover (days), Receivable Turnover (days), ROE, ROC, ROA, Profit margin, Long-term debt ratio. Please show your work as

image text in transcribedPlease find EVA, MVA, Market-to-book ratio, Inventory Turnover (days), Receivable Turnover (days), ROE, ROC, ROA, Profit margin, Long-term debt ratio. Please show your work as it will help explain the math problem to me. Thanks

2018 $ 2,400 $ 1,400 $10,710 $ 750 $ 15,260 Balance Sheet (Figures in 5 millions) ASSETS 2019 Current Assets: Cash & marketable securities $ 3,230 Accounts receivable $ 2,500 Inventories $ 12,060 Other current assets $ 1,050 Total current assets $18,840 Fixed Assets: Tangible fixed assets Property, plant, & equipment $ 43,064 Less Accumulated depreciation $ 15,716 Net Tangible fixed assets S 27,348 Long-term investments $ 1,590 Other long-term assets $ 750 Total Assets $ 48,528 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Debt due to repayment $ 187 Accounts payable $ 7,570 Other current liabilities $ 1,430 Total current liabilities S 9,187 Long-term debt $ 14,692 deferred income taxes $ 514 Other long-term liabilities $ 2,042 Total liabilities $25,435 Common stock + other paid-in capital $ 8,536 Retained earnings and treasury stock $ 13,557 Total shareholders' equity $ 22,093 Total liabilities + shareholders' equity $ 48,528 S millions Net Sales $ 80,810 Less Cost of goods sold $50,420 Less SG& Adm.expenses $ 17,580 Less Depreciation $1,296 EBIT $ 11,514 Less Interest expense $ 711 Taxable income $ 10,803 Less Tax $3,781 Net income $ 7,022 Dividends $ 2,809 Addition to ret.earnings $4,213 Also given: Atclose of fiscal 2019 company's: # of shares outstanding 1,600 million common stock price $ 75 Cost of capital (calculated) 9% Tax rate 30% $ 38,490 $ 14,420 $ 24,070 $ 1,270 $ 564 $ 41,164 $ 1,320 $ 8,870 $ 1,270 $ 11,460 $ 9,470 $ 310 $ 2,050 $ 23,290 $ 8,530 $ 9,344 $ 17,874 $ 41,164

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

What are the strengths and weaknesses of sensitivity analysis?

Answered: 1 week ago