Question
Suppose FIN3100 has current stock price of $2, what is the market/ book ratio? Group of answer choices 2000000 2000 20 2 20000 Flag this
Suppose FIN3100 has current stock price of $2, what is the market/ book ratio?
Group of answer choices
2000000
2000
20
2
20000
Flag this Question
Question 284 pts
What is the net operating profit after taxes (after-tax operating income) for 2020? (Tax rate = 40%)
(in millions)
Group of answer choices
56
85
128.3
77
90
Flag this Question
Question 294 pts
What are the amounts of net operating working capital for 2020 and 2019?
(in millions)
Group of answer choices
237 &327
192 & 210
327 & 126
321 &192
210 & 321
Flag this Question
Question 304 pts
What is the return on assets?
Group of answer choices
13.17%
16.71%
22.22%
11.46%
10.57%
FIN 3100 Balance Sheet Date: 6/4/2020 2020 2019 in millions Assets Current Assets Cash and cash equivalents Accounts receivable Inventory $ 12.0 $ 180.0 $ 180.0 $ 372.0 $ 10.0 150.0 200.0 360.0 Total current assets $ Fixed (Long-Term) Assets Property, plant and equipment (Less accumulated depreciation) $ Total fixed assets $ 450.0 $ (150.0) $ 300.0 $ 406.0 (156.0) 250.0 Total Assets $ 672.0 $ 610.0 108.0 $ 67.0 $ 720 $ 247.0 $ 90.0 51.5 60.0 201.5 Liabilities and Owner's Equity Current Liabilities Accounts payable Notes payable Deferred revenue and other $ Total current liabilities $ Long-Term Liabilities Long term bonds $ Total long-term liabilities $ Owner's Equity Common stock (50 million shares $ Retained earnings Total owner's equity $ 150.0 $ 150.0 $ 150.0 150.0 50.0 $ 225.0 $ 275.0 $ 50.0 208.5 258.5 Total Liabilities and Owner's Equity $ 672.0 $ 610.0 For the Years Ending [Dec 31, 2020 and Dec 31, 2019] In millions Revenue Sales Service revenue Other revenue Total Revenues/ Sales 2020 1,200.0 2019 900.0 100.0 1,200.0 1,000.0 Expenses COGS Depreciation and amortization Earnings before Interst and taxes Interest expense Net Income Before Taxes Taxes (40%) Cominon dividends Net Income available to common stockholders 1,020.0 30.0 150.0 21.7 128.3 51.3 60.5 77.0 850.0 25.0 125.0 20.2 104.8 41.9 4.4 62.9Step 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