Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 1545 points) For the financial year ending 30 June 2017. Sin Healthcare Ltd (SIGreported the following scorces of financing in its balance sheet Slumn

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Question 1545 points) For the financial year ending 30 June 2017. Sin Healthcare Ltd (SIGreported the following scorces of financing in its balance sheet Slumn Healthcare uld Balance Sheet (as at 30 June 2017 Financial Structure ($ thousands) Liabilities Currentes Accounts payable Short term current debt Other current liabilities Total current liabilities Long term debt Other relaties Long Bobbies Shareholder's equity Total liabilities and shareholder's equity $523270 26 50.823 5576,602 1.051 4022 55.688 $530,552 531110,002 Moreover, the firm's 2017 income statement reported et profit of $53.5 million were pense of 543 rulon Sipna Healthcare Lad Income Statement year ending 30 June 2017 Earrings before interest and tan (s thousands) 580,955 or before tax Income tax expense Net pront 200 70,000 123,163) $53.506 interconting the possesso de and for the first look at CSL USA chcoa beachers for comparisons CS de and shown on the face income statement CSL Sheet 2017) CSU Led Balance Sheet is at 30 June 2017 Financial Structures thousands) Liabilities Current fabwites Accounts payable (incl. other 51,155,800 payables) Short-term/current debt 122.500 Other current liabilities 339,800 Total current liabilities $1,618100 Long term debt 3,852 200 Other long-term abilities 488,100 Long term lities 54,340, 500 Total liabilities $5.958,900 Shareholder's equity $3.263.800 Total liabilities and 59.122.200 shareholder's equity CSL Led Income Statement year ending 30 June 2017) sthousands) $1,768,900 Earrings before interest and thx Interest expense net) Profit before tax income tax expense Net profit 79.100 11.689.800 (352.400 $1,337400 Required Describe the capital structure of CSL using both the debt ratio and the interese biliring debt ratio Question 16 [6 points) Saved What is Sus interest coverage ratio of CSL faces a principal payment equal to $580 million, what is the firm's EBITDA coverage ratio for 2017? (CSLS tax rate is 30.) I Question 17 (12 points Suppose that suna has decided to issue debt financing and use the proceeds to Durchase some of its shares from the open market. What fraction of the firm's 993 million shares does the firm need to repurchase to make its interest-bearing debt ratio est to that of CSL2 Sigma had carried out the transaction by issuing bonds with an alterest rate of what would its camins per share have been in 20171 1 Question 1545 points) For the financial year ending 30 June 2017. Sin Healthcare Ltd (SIGreported the following scorces of financing in its balance sheet Slumn Healthcare uld Balance Sheet (as at 30 June 2017 Financial Structure ($ thousands) Liabilities Currentes Accounts payable Short term current debt Other current liabilities Total current liabilities Long term debt Other relaties Long Bobbies Shareholder's equity Total liabilities and shareholder's equity $523270 26 50.823 5576,602 1.051 4022 55.688 $530,552 531110,002 Moreover, the firm's 2017 income statement reported et profit of $53.5 million were pense of 543 rulon Sipna Healthcare Lad Income Statement year ending 30 June 2017 Earrings before interest and tan (s thousands) 580,955 or before tax Income tax expense Net pront 200 70,000 123,163) $53.506 interconting the possesso de and for the first look at CSL USA chcoa beachers for comparisons CS de and shown on the face income statement CSL Sheet 2017) CSU Led Balance Sheet is at 30 June 2017 Financial Structures thousands) Liabilities Current fabwites Accounts payable (incl. other 51,155,800 payables) Short-term/current debt 122.500 Other current liabilities 339,800 Total current liabilities $1,618100 Long term debt 3,852 200 Other long-term abilities 488,100 Long term lities 54,340, 500 Total liabilities $5.958,900 Shareholder's equity $3.263.800 Total liabilities and 59.122.200 shareholder's equity CSL Led Income Statement year ending 30 June 2017) sthousands) $1,768,900 Earrings before interest and thx Interest expense net) Profit before tax income tax expense Net profit 79.100 11.689.800 (352.400 $1,337400 Required Describe the capital structure of CSL using both the debt ratio and the interese biliring debt ratio Question 16 [6 points) Saved What is Sus interest coverage ratio of CSL faces a principal payment equal to $580 million, what is the firm's EBITDA coverage ratio for 2017? (CSLS tax rate is 30.) I Question 17 (12 points Suppose that suna has decided to issue debt financing and use the proceeds to Durchase some of its shares from the open market. What fraction of the firm's 993 million shares does the firm need to repurchase to make its interest-bearing debt ratio est to that of CSL2 Sigma had carried out the transaction by issuing bonds with an alterest rate of what would its camins per share have been in 20171 1

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