Question
The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any
The balance sheet and income statement shown below are for Koski 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 $) 2021 Assets Cash and securities $4,200 Accounts receivable 17,500 Inventories 20,300 Total current assets $42,000 Net plant and equipment $28,000 Total assets $70,000
Liabilities and Equity Accounts payable $27,531 Accruals 12,369 Notes payable 5,000 Total current liabilities $44,900 Long-term bonds $9,000 Total liabilities $53,900 Common stock $3,864 Retained earnings 12,236 Total common equity $16,100 Total liabilities and equity $70,000 Income Statement (Millions of $) 2021 Net sales $112,000 Operating costs except depreciation 104,160 Depreciation 2,240 Earnings before interest and taxes (EBIT) $5,600 Less interest 840 Earnings before taxes (EBT) $4,760 Taxes (25%) 1,190 Net income $3,570 Other data: Shares outstanding (millions) 500.00 Common dividends (millions of $) $1249.50 Int rate on notes payable & L-T bonds 6% Federal plus state income tax rate 25% Year-end stock price $85.86 (do not round your intermediate calculations) What is the firm's current ratio?
What is the firm's day sales outstanding? Assume a 365-day year for this calculation.
What is the firm's total assets turnover?
What is the firm's total debt-to-total capital ratio?
What is the firm's ROE?
What is the firm's profit margin?
What is the firm's EPS?
What is the firm's P/E ratio?
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