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Widget Co. was founded at the start of 2016 by issuing $2235M worth of stock and $1,20OM of long term debt. All data in the
Widget Co. was founded at the start of 2016 by issuing $2235M worth of stock and $1,20OM of long term debt. All data in the table, except actual price per share, is in millions. No assets were sold during the first two years of operation. Remember when and where to include marketable securities and the current portion of long term debt in your intermediate calculations. Use this information and the table below to answer problems 10-15 Dec-16 Dec 23.00 Actual Price Per Share # Shares Outtonding Dividends Operating Income Earnings Before Tax Net Income Cosh 130 500 390 260 100 100 300 300 3200 26.00 109 135 600 450 300 120 Acct. Recievable Inventory Gross PPE Accumulated Depreciation Net PPE Accl Payable Current Portion LT Deb 300 360 3600 160 3440 300 100 1400 3200 400 Long Term Debt 1200
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