XYZ Inc. Income Statement | ||
2018 | 2017 | |
Sales | 950000 | 800,000 |
COGS | 650000 | 600000 |
Gross Profit | 300000 | 200000 |
Operating costs (excluding depreciation) | 50000 | 60,000 |
EDITDA | 250,000 | 140000 |
Depreciation | 20000 | 18,000 |
EBIT | 230000 | 122,000 |
Interest Expense | 100000 | 100,000 |
EBT | 130000 | 22,000 |
Taxes | 25000 | 5,000 |
Net Income | 105,000 | 17,000 |
Common Dividends | 6000 | 4000 |
Addition to Retained Earnings | 99000 | 13,000 |
2018 | 2017 | |
Year-end stock price | $50 | $40 |
# of shares | 5500 | 3500 |
Find the Ratios for 2018:
EPS:
P/E:
EPS= Net Income/Number of shares:
For 2018, Net income=105,000
No of shares=5500
EPS=105,000/5500
=19.09
\
PE=Price of share/EPS
Price=50
PE=50/19.09
=2.62 times
i need help on my retained earnings and income statement. i have a income tax rate of 20% and my RE ending has to be 361,000. not sure what i am missing on my income statement here are some updated pictures We were unable to transcribe this imageWe were unable to transcribe this imageWe were unable to transcribe this image17000 75000 25000 117000 50000 150000 400000 Liabilities and Shareholders' Equity Current Liabilities: Accounts Payable Income Tax Payable t Payable Current...
both income statement and balance sheet are for 2018 BD BD 5000000 3700000 1300000 XY2 Income Statement lord ILLUM Particulars Sales Revenue Less: Cost of Goods Sold Gross Profit Less: Operating Expenses Selling Expenses General and Administrative Expenses Depreciation Expenses Total Operating Expenses 600000 400000 150000 Less: Interest Expense Net Profit Before Tax Less Tax (40%) Net Profit after Tax Less : Preferred Stock Dividends Net Profit 1150000 150000 90000 60000 24000 36000 Earnings Per Share BALANCE SHEET of XYZ...
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