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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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