Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Sheet (Millions) Income Statement (Millions) Assets Cash 1,290 Net Sales 51,600 Receivables 9,890 Operating Costs 48,246 Inventory 13,760 Depreciation 903 PP&E 18,060 EBIT 2,451 Total
Sheet (Millions) | Income Statement (Millions) | |||||
Assets | ||||||
Cash | 1,290 | Net Sales | 51,600 | |||
Receivables | 9,890 | Operating Costs | 48,246 | |||
Inventory | 13,760 | Depreciation | 903 | |||
PP&E | 18,060 | EBIT | 2,451 | |||
Total Assets | 43,000 | Interest | 927 | |||
EBT | 1,524 | |||||
Liabilities and OE | Taxes | 534 | ||||
Accounts Payable | 8,170 | Net Income | 990 | |||
Notes Payable | 6,677 | |||||
Wages Payable | 4,073 | Other Data | ||||
Long Term Bonds | 8,815 | Shares Outstanding (millions) | 750 | |||
Total Equity | 15,265 | Common Dividends (millions) | $346.67 | |||
Total Liabilities and OE | 43,000 | Current Interest Rate | 6.25% | |||
Tax rate | 35%
| |||||
Calculate P/E Ratio. Show all work |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started