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The condensed income statement of Nestle Cereal Company is as follows: NESTLE CEREAL COMPANY Income Statements for the years Ended December 31 2020 2019 $

The condensed income statement of Nestle Cereal Company is as follows:

NESTLE CEREAL COMPANY

Income Statements for the years Ended December 31

2020

2019

$

$

Revenue

11,776

10,907

Cost of sales

6,597

6,082

Gross profit

5,179

4,825

Selling and Administrative Expenses

3,311

3,059

PBIT

1,868

1,766

Interest Expense

321

294

PBT

1,547

1,472

Income Tax

444

468

Net Profit

1,103

1,004

Other Information

Number of Ordinary Shares

418

418

Stock price at year end

$52.92

$50.06

Calculate the following ratios for the year 2020

Times Interest Earned 6.04.85.83.4

Earning per Share $3.70 per share$4.47 per share$2.40 per share$2.63 per share

Price Earnings Ratio 14.3020.1022.0511.84

Dividend Yield 4.54%4.97%8.44%6.99%


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