The balance sheet of Roop Industries is shown below. The 12/31/2010 value of operations is $651 million,
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The balance sheet of Roop Industries is shown below. The 12/31/2010 value of operations is $651 million, and there are 10 million shares of common equity. What is the intrinsic price per share? Balance Sheet, December 31, 2010 (Mi l l ions ofDollars)
Balance SheetBalance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Liabilities and Equity Assets $ 20.0 S 19.0 Cash Marketable securities Accounts payable Notes payable Accruals Total current liabilities 47.0 65.0 51.0 $135.0 Accounts receivable Inventories 100.0 200.0 $367.0 279.0 Total current assets Net plant and equipment 131.0 33.0 Long-term bonds Preferred stock Common stock (par plus PIC) Retained eamings Common equity Total liabilities and equity 160.0 187.0 S347.0 $646.0 Total assets S646.0
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Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1439078082
4th Edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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