Question
Please Use your keyboard (Don't use handwriting) Thank you.. ***Just choose the correct answer without explain 67- What is the cash coverage ratio for 2015?
Please Use your keyboard (Don't use handwriting) Thank you..
***Just choose the correct answer without explain
67- What is the cash coverage ratio for 2015?
A. 11.06
B. 6.02
C. 13.79
D. 14.89
E. 8.78
68- What are the values of the three components of the DuPont identity for 2015?
A. 7.91%; 1.0248; 1.4806
B. 8.57%; 1.0248; .6754
C. 7.91%; .9758; 1.4806
D. 11.43%; .9758; .6754
E. 11.43%; 1.0248; 1.4806
69- Deep Falls Timber stock sold for $6.50 a share as of 2015. What was the price-earnings ratio at that time?
A. 17.12
B. 29.94
C. 12.82
D. 28.15
E. 19.64
70- Deep Falls Timber stock sold for $6.50 a share as of 2015. What was the price-earnings ratio at that time?
A. 17.12
B. 29.94
C. 12.82
D. 28.15
E. 19.64
Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000 Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000 Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000 Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000Step by Step Solution
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