Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please verify the values for each company along with the ratio calculationsKindly help me with a detailed explanation of the mistakes. For Boeing the equity

Please verify the values for each company along with the ratio calculationsKindly help me with a detailed explanation of the mistakes. For Boeing the equity multiplier and total equity value looks unreasonable to me. I made these calculations using their financial data but the ratio values are not so good. Please check the values as well as the ration calculations for ALL

https://www.hl.co.uk/shares/shares-search-results/b/boeing-co-com-stk-usd5/financial-statements-and-reports

Please find the values using the above link

Boeing Co
Selected data $M
12/2022 12/2021 12/2020 12/2019 12/2018
Total Revenue 66,608 62,286 58,158 76,559 1,01,127
Gross Profit 3,502 3,017 5,685 4,466 19,637
EBIT - 5,022 - 5,033 - 14,476 - 2,259 11,604
Net Income - 5,053 - 4,290 - 11,941 - 636 10,460
Total Assets 1,37,100 1,38,552 1,52,136 1,33,625 1,17,359
Total Equity - 15,848 - 14,846 - 18,075 - 8,300 410
Total Debt 57,000 58,100 63,600 27,300 13,800
Profit Margin NI/TR -7.59% -6.89% -20.53% -0.83% 10.34%
Asset Utilization TR/TA 48.58% 44.95% 38.23% 57.29% 86.17%
Return on Assets NI/TA -3.69% -3.10% -7.85% -0.48% 8.91%
Equity Multiplier (TA/TE) -865.09% -933.26% -841.69% -1609.94% 28624.15%
ROE NI/TE 31.88% 28.90% 66.06% 7.66% 2551.22%
Lockheed Martin Corp
Selected data $M
12/2022 12/2021 12/2020 12/2019 12/2018
Total Revenue 65,984 67,044 65,398 59,812 53,762
Gross Profit 8,287 9,061 8,654 8,367 7,274
EBIT 20,568 21,957
Net Income 5,732 6,315 6,833 6,230 5,046
Total Assets 52,880 50,873 50,710 47,528 44,876
Total Equity 9,266 10,959 6,038 3,171 1,449
Total Debt 43,614 39,914 44,672 44,357 43,427
Profit Margin NI/TR 8.69% 9.42% 10.45% 10.42% 9.39%
Asset Utilization TR/TA 124.78% 131.79% 128.96% 125.85% 119.80%
Return on Assets NI/TA 10.84% 12.41% 13.47% 13.11% 11.24%
Equity Multiplier (TA/TE) 570.69% 464.21% 839.85% 1498.83% 3097.03%
ROE NI/TE 61.86% 57.62% 113.17% 196.47% 348.24%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Crime And Punishment In The Future Internet

Authors: Sanja Milivojevic

1st Edition

036746800X, 978-0367468002

More Books

Students also viewed these Finance questions