Question
Year 2014 Year 2015 Year 2014 Year 2015 Cash 140 210 Accounts payable 320 280 Accounts receivable 340 380 Notes payable 400 300 Inventory 550
| Year 2014 | Year 2015 |
| Year 2014 | Year 2015 |
Cash | 140 | 210 | Accounts payable | 320 | 280 |
Accounts receivable | 340 | 380 | Notes payable | 400 | 300 |
Inventory | 550 | 590 | Long-term debt | 1,100 | 1,400 |
Net fixed assets | 3,600 | 3,500 | Common stock | 1,200 | 980 |
|
|
| Retained earnings | 1,610 | 1,720 |
Total assets | 4,630 | 4,680 | Total liab & Total equity | 4,630 | 4,680 |
Year 2015
Sales | 6,230 |
Cost of goods sold | 4,720 |
Depreciation | 440 |
Interest | 75 |
Taxes | 350 |
Net income | 645 |
Number of shares outstanding | 100 |
16. What is the enterprise value multiple in 2015 if the stock price is $45 per share? a. 3.97 b. 1.67 c. 4.59 d. 2.62 e. 1.10
17. What is the dividend payout ratio in 2015? a. 0.83 b. 0.04 c. 0.39 d. 0.02 e. 0.67
18. What is the internal growth rate in 2015? a. 0.83 b. 0.02 c. 0.04 d. 0.67 e. 0.39
19 What is the sustainable growth rate in 2015? a. 0.67 b. 0.83 c. 0.02 d. 0.04 e. 0.39
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