Condensed balance sheet and income statement data for Marigold Corp. are presented as follows. Marigold Corp....
Homework Answers
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a. Earnings per share = Net income / Weighted average no. of shares outstanding |
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2017 |
= $93,000/33,000 = $ 2.82 per share |
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2016 |
= $61,000/ 30,000 = $ 2.03 per share |
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b. Working Capital = [ Cash + Receivables + other current assets ] - Current liabilities |
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2017 |
= [$30,210 +$ 82,900 +$ 102,900 ] - $ 77,210 = $138,800 |
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2016 |
= [ $22,210 + $ 74,900+ $ 85,900]- $ 72,210 = $ 110,800 |
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c. Current Ratio = Current Assets / Current Liabilities |
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2017 |
= [$30,210 +$ 82,900 +$ 102,900 ] / $ 77,210 =2.8 : 1 |
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2016 |
= [ $22,210 + $ 74,900+ $ 85,900] / $ 72,210 = 2.5 : 1 |
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d. Debt to assets ratio = Total Liabilities / Total assets |
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2017 |
=[ $ 77,210 +$ 92,900 ]/ $ 800,910 =21.2 % |
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2016 |
=[ $ 72,210 + $ 102,900 ]/ $ 725,910 = 24.1 % |
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e. Free Cash flow = Cash provided by operations - Capital expenditures - Cash dividends |
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2017 |
= $ 108,210 -$47,210 -$43,000 = $ 18,000 |
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2016 |
= $58,210 - $38,000 -$17,210 = $ 3,000 |
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Condensed balance sheet and income statement data for Marigold
Corp. are presented as follows.
Marigold Corp....
Condensed balance sheet and income statement data for Wildhorse Co. are presented as follows. Wildhorse Co....
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are presented as follows compute these values and ratios for 2016
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Problem 13-03A Condensed balance sheet and income statement data for Marigold Corporation are presented here. MARIGOLD...
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are presented as follows compute these values and ratios for 2016
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Only need help on part e
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