Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the company's return on common equity in 2021? O 14.1% O 15.4% O 16.3% O 17.4% Question 16 What is the company's price/earnings

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
What is the company's return on common equity in 2021? O 14.1% O 15.4% O 16.3% O 17.4% Question 16 What is the company's price/earnings ratio in 2021? O9X O 10X O 11x 12x Donaldson Manufacturing, Inc. Balance Sheet (in Millions of Dollars) Year 2021 2020 2019 Dequire.JPG Industry Average Ratios for December 31, 2021 Current 2.7% Total Asset Tumover 2.6% Return on Assets 9.1% Quick LOX Debt Ratio 50% 4.9X 6.2x Inventory Turnover Days' Sales Outstanding Fbced Asset Turnover Interest Coverage Ratio Net Profit Margin Return on 18.2% Equity Price/Earnings 14.2x Ratio Market-to-Book 2.4x Ratio 32.0 3.5% 7.OX Earning Power 19.1% If you are having difficulty seeing the financial statements for Donaldson, please click here Minimize File Preview ZOOM + Donaldson, Inc 2020 2019 SALES COST OF GOODS SOLD OTHER EXPENSES DEPRECIATION TOTAL OPERATING COSTS EDIT INTEREST EXPENSE SBT TAXES (400) NET INCOME 2021 $7.035,600 5,728,000 680,000 116.960 S6.524...260 $ 510,640 98.000 $ 422,640 169.056 252594 $5,834,400 5,728.000 680,000 116.960 $6.524.960 ($ 690,560) 176.000 ($ 866.560) -13746.624) (519.9376) $3,432,000 2,864,000 340,000 19.900 S2222.900 $ 209,100 62.500 $ 146,600 59.640 S 97.960 EPS DPS BOOK VALUE PER SHARE STOCK PRICE SHARES OUTSTANDING TAX RATE LEASE PAYMENTS SINKING FUND PAYMENTS $1.014 $0.220 $6.209 $12.17 250,000 40.000 40.000 0 ($5.199) $0.110 $1.328 $2.25 100,000 40.00% 40,000 $0.880 $0.220 $6.638 $8.50 100.000 40.008 40,000 0 0 ASSETS CASH ACCOUNTS RECEIVABLE INVENTORIES TOTAL CURRENT ASSETS GROSS FIXED ASSETS LESS ACCUMULATED DEPRECIATION NET PIXED ASSETS TOTAL ASSETS $ 85,632 878,000 1.716.480 $2,680,112 1,197,160 380.120 $_8124040 $3.497.152 7,282 632,160 1.287.360 $1,926,802 1, 202,950 263.160 $939.790 $2.866.592 $ 57,600 351,200 715.200 $1,124,000 491,000 146.200 $_344.800 $1468.900 LIABILITIES AND EQUITY ACCOUNTS PAYABLE NOTES PAYABLE ACCRUALS TOTAL CURRENT LIABILITIES LONG-TERM DEBT COMMON STOCK RETAINED EARNINGS TOTAL EQUITY TOTAL LIABILITIES AND EQUITY 436,800 600,000 408.000 $1,444,800 500,000 1,680,936 (128.584) $1,552.352 $3.4974252 $ 524,160 720,000 489.600 $1,733, 760 1,000,000 460,000 (327_168) $_132.832 $2.866.592 $ 145, 600 200,000 136.000 $ 481,600 323, 432 460,000 203.768 $_663.768 $1.469.800

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Bank Management Text And Cases

Authors: George H. Hempel, Alan B. Coleman, Donald G. Simonson

3rd Edition

0471621781, 978-0471621782

More Books

Students also viewed these Accounting questions

Question

WHAT ARE THE PRINCIPLES OF AGILE DEVELOPMENT METHODOLOGIES?

Answered: 1 week ago