Question
What is WACC? Stock price $24.13 EPS =2.51 ROE 17.6% Net profit=$49,140 ROE = net profit/equity value ==>49,140/17.6= $279,204.55 Long term loan = 149,000 Interest
What is WACC?
Stock price $24.13 EPS =2.51
ROE 17.6% Net profit=$49,140
ROE = net profit/equity value ==>49,140/17.6= $279,204.55
Long term loan = 149,000
Interest = 7,317 Interest rate = interest/long term loans = 7,317/149,000 = 4.91%
Tax = 21,060
I might have done the upper part wrong, not sure.
Info:
Income statement: Total Sale Revenue 273, 356... admin expenses 16,403... operating profit 77,517... interest expense 7,317... income taxes 21,060... net profit 49,140
Balance Sheet: Cash on hand: 2,644.. current assets 132,397.. fixed assets 373,374.. total assets 505,771.. current liabilities 60,800.. long-term loans 149,000... total liabilities 209,800... beginning equity 261,458.. stock sale (purchase) -13,649... earnings retained 48,162... ending equity 295,971..
Gross profit margin 42.3%... operating profit margin 16.4%.. net profit margin 10.4%... div per share ($/share) 0.05.. total dividend payout 978... payout (percent of net profit) 2.0%... interest coverage ratio 10.59... debt to assets ratio 0.41.. current ratio 2.18... days of inventory 65 days... shares of stock outstanding (000s of shares) 19,550
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