Question 1 3 pts The Book Value per Share of Garmin as of the end of the 2017 fiscal year is calculated as follows: Total Stockholder's Equity of 3,802,466,000 divided by 188,189,000 shares of stock outstanding, equaling $20.21/share. Total Stockholder's Equity of 3,082,466,000 divided by 198,087,000 shares of stock outstanding, equaling $15.56/share. Total Stockholder's Equity of 3,082,466,000 divided by 468,818 shares of treasury stock, equaling $65.85/share. Total Liabilities & Stockholder's Equity of 5,010,260,000 divided by 188,189,000 shares of stock outstanding, equaling $26.62/share. Question 2 3 pts What reportable segment of Garmin reported the highest sales in 2017? Outdoor Marine Auto Fitness Question 3 3 pts Which is the largest use of cash in the Investing section of the Statement of Cash Flows in the 2017 fiscal year? Redemption of marketable securities Purchases of property, plant and equipment Dividends Purchases of marketable securities Question 4 3 pts What is the amount of cash paid for income taxes by Garmin in the 2017 fiscal year? 79,234,000 106,146,000 (12,661,000) 16,163,000 Question 5 3 pts Garmin's 2017 Statement of Cash Flows reports a net increase in cash of $44,605,000. This amount represents: The difference between Garmin's accrual basis reported net income and its net income on a cash basis. The amount of 2017 earnings available for the payment of dividends. The change in the cash account for 2017. The amount of cash generated by Garmin's financing activities. Question 1 3 pts The Book Value per Share of Garmin as of the end of the 2017 fiscal year is calculated as follows: Total Stockholder's Equity of 3,802,466,000 divided by 188,189,000 shares of stock outstanding, equaling $20.21/share. Total Stockholder's Equity of 3,082,466,000 divided by 198,087,000 shares of stock outstanding, equaling $15.56/share. Total Stockholder's Equity of 3,082,466,000 divided by 468,818 shares of treasury stock, equaling $65.85/share. Total Liabilities & Stockholder's Equity of 5,010,260,000 divided by 188,189,000 shares of stock outstanding, equaling $26.62/share. Question 2 3 pts What reportable segment of Garmin reported the highest sales in 2017? Outdoor Marine Auto Fitness Question 3 3 pts Which is the largest use of cash in the Investing section of the Statement of Cash Flows in the 2017 fiscal year? Redemption of marketable securities Purchases of property, plant and equipment Dividends Purchases of marketable securities Question 4 3 pts What is the amount of cash paid for income taxes by Garmin in the 2017 fiscal year? 79,234,000 106,146,000 (12,661,000) 16,163,000 Question 5 3 pts Garmin's 2017 Statement of Cash Flows reports a net increase in cash of $44,605,000. This amount represents: The difference between Garmin's accrual basis reported net income and its net income on a cash basis. The amount of 2017 earnings available for the payment of dividends. The change in the cash account for 2017. The amount of cash generated by Garmin's financing activities
