Question
Please help! Thank you! 1. Wims, Inc., has current assets of $7,114, net fixed assets of $28,533, current liabilities of $3,312, and long-term debt of
Please help!
Thank you!
1. Wims, Inc., has current assets of $7,114, net fixed assets of $28,533, current liabilities of $3,312, and long-term debt of $11,000. What is the value of the shareholders equity account for this firm? (Do not round intermediate calculations.)
2. Logano Driving Schools 2017 balance sheet showed net fixed assets of $5.1 million, and the 2018 balance sheet showed net fixed assets of $6 million. The companys 2018 income statement showed a depreciation expense of $245,000.
What was net capital spending for 2018? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)
3. Makers Corp. had additions to retained earnings for the year just ended of $301,000. The firm paid out $179,000 in cash dividends, and it has ending total equity of $4.84 million. The company currently has 150,000 shares of common stock outstanding.
a. What are earnings per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
b. What are dividends per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
c. What is the book value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
d. If the stock currently sells for $72 per share, what is the market-to-book ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
e. What is the price-earnings ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
f. If the company had sales of $4.98 million, what is the price-sales ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
a. Earnings per share:-----------
b. Dividends per share: ------------
c. Book value per share: ------------
d. Market-to-book ratio:--------- times
e Price-earnings ratio:---------- times
f. Price-sales ratio: ----------- times
4. Griffin's Goat Farm, Inc., has sales of $686,000, costs of $332,000, depreciation expense of $65,000, interest expense of $48,500, and a tax rate of 24 percent. What is the net income for this firm? (Do not round intermediate calculations.)
5. The 2017 balance sheet of Dream, Inc., showed current assets of $3,155 and current liabilities of $1,244. The 2018 balance sheet showed current assets of $3,046 and current liabilities of $1,398.
What was the companys 2018 change in net working capital, or NWC? (Do not round intermediate calculations. A negative answer should be indicated by a minus sign.)
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