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that is all the information provided -Part 2) total asset turnover, inventory turnover, days in receivables, days in payables -Part 3) debt ratio, equity multiplier,
that is all the information provided
-Part 2) total asset turnover, inventory turnover, days in receivables, days in payables
-Part 3) debt ratio, equity multiplier, times interest coverage
-Part 4) Profit Margin, Return on assets, return on equity, retention ratio, what is the sustainable growth for 2018?
-Part 4) Book value per share, earnings per share, price-earnings ratio, Market to book ratio
2017 market price = $18.20 2018 market price = $22.80. 200,000,000 shares outstanding
(in million) | 2017 | 2018 | (in million) | 2017 | 2018 |
Current Assets | Current Liabilities | ||||
- Cash | $104 | $160 | -Accounts Payable | $232 | $266 |
- Accounts Receivable | 455 | 688 | -Notes Payable | 196 | 123 |
- Inventories | 553 | 555 | Total | $428 | $389 |
Total | $1,112 | $1,403 | |||
Fixed Assets | |||||
-Net Plant and Equipment | $1,644 | $1,709 | Long-term debt | $408 | $454 |
Owner's Equity | |||||
- Common Stock/ paid-in surplus | 600 | 640 | |||
-Retained Earnings | 1320 | 1629 | |||
-Total | $1,920 | $2,269 | |||
Total Assets | $ 2,756 | $3,112 | Total liabilities ansd Owner's Equity | $2,756 | $3,112 |
2017 | 2018 | |||
Net Sales | $ 1,250 | $ 1,509 | ||
COGS | 700 | 750 | ||
Depreciation | 55 | 65 | ||
EBIT | $ 495 | $ 694 | ||
Int exp | 75 | 70 | ||
EBT | $ 420 | $ 624 | ||
Taxes (34%) | 143 | 212 | ||
Net Income | $ 277 | $ 412 | ||
Dividends paid | $100 | $103 | ||
Retained Earnings | $177 | $309 |
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