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The balance sheet and income statement shown below are for Kak Makan Inc. Note that the firm has no amortization charges, it does not lease
The balance sheet and income statement shown below are for Kak Makan Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. Balance Sheet (Millions of 5) 2015 $ 2.500 Cash and securities Accounts receivable Inventories . Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities 11.500 16.000 $30.000 $20.000 $50.000 $9.500 5.500 7.000 $22.000 $15.000 $37.000 Long-term bonds Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity $ 2.000 11.000 $13.000 $50,000 Income Statement Millions of Net sales Operating costs except depreciation Depreciation Earnings bef interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes 2015 $87,500 81.813 _1531 $ 4.156 1375 $ 2.781 973 $ 1,808 Net Income 500.00 $632.73 6.25% 35% $43.39 Other data: Shares outstanding (millions) Common dividends Intrate on notes payable & L-T bonds & - Federal plus state Income tax rate Year-end stock price Calculate the firm's: 1. Current ratio? 2 quick ratio? 3. Days sales outstanding? Assume a 365-day year for this calculation . 4. total assets turnover? 5. inventory turnover ratio? 6. TIE? 7. total debt to total capital ratio? 8. ROA? 9. ROE? 10. BEP? 11. profit margin? 12. return on invested capital? 13. operating margin? 14. dividends per share? 15. EPS? 16. P/E ratio? 17. book value per share? 18. market-to-book ratio? 19. equity multiplier
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