Homework Answers
book value of equity = total stockholders equity
book value of equity in 2016 = $23.3 million
book value of equity in 2015 = $21.4 million
change in book value of equity in 2015 = ($23.3 million - $21.4 million)
change in book value of equity in 2015 = $1.90 million
This does not imply that the market price of Global's shares increased in 2016.
Book value is the historical value recorded in the books of accounts, whereas market value is the market capitalization of the firm, which is measured as market price per share * shares outstanding.
Market price is determined by the market and investors, whereas book value is determined by book entries.
Hence, an increase in book value does not mean that the market price of shares has increased.
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What was the change in Global's book value of equity from 2015 to 2016 according to...
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c. Find the company's other financial statements from that time
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Below is the balance sheet for Southern Comfort Company for December 31 of 2015 and 2016....
Below is the balance sheet for Southern Comfort Company for
December 31 of 2015 and 2016. The income statement for 2016 is also
given. Find the following:
1. What was cash flow from assets in 2016?
2. What was the cash flow to creditors in
2016?
3. What was the cash flow to stockholders in
2016?
Intro Below is the balance sheet for Southern Comfort Company for December 31 of 2015 and 2016. 2015 2016 Cash 900 1,000 Accounts receivable...
12. a. What change in the book value of the company's equity
took place at the end of 2015? .
b. Is the company's market-to-book ratio meaningful? Is its
book debt-equity ratio meaningful? Explain.
c. Find the company's other financial statements from that time
online. What was the cause of the change to its book value of
equity at the end of 2015? .
d. Does the company's book value of equity in 2016 imply that
it is unprofitable? Explain....
Data Table Comparative Balance Sheet December 31, 2016 and 2015 2016 2015 Assets Total Current Assets Property, Plant, and Equipment, Net Other Assets $ 42,750 $ 208,335 33,915 285,000 $ 42,770 105,560 33,670 182,000 Total Assets Liabilities Total Current Liabilities S 49.020 $ 29,484 - Print Done RA Data Table Other Assets 33,915 285,000 $ Total Assets 33,670 182,000 Liabilities Total Current Liabilities 49,020 $ 109,155 29,484 126,490 158,175 155,974 Long-term Debt Total Liabilities Stockholders' Equity Total Stockholders' Equity Total...
Below is the balance sheet for Southern Comfort Company for
December 31 of 2015 and 2016.
1. What was the cash flow to creditors in
2016?
2. What was the cash flow to stockholders in
2016?
Intro Below is the balance sheet for Southern Comfort Company for December 31 of 2015 and 2016. 2015 2016 2015 2016 Cash 900 1,000 Accounts payable 2,700 3,000 Accounts receivable 2,700 3,000 Current liabilities 2,700 3,000 Inventory 2,700 3,000 Long-term debt 5,400 6,000 Current...
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Prepare common-size statements in the framework provided?
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Below is the balance sheet for Southern Comfort Company for
December 31 of 2015 and 2016. The income statement for 2016 is also
given. Find the following:
1. What was cash flow from assets in 2016?
2. What was the cash flow to creditors in
2016?
3. What was the cash flow to stockholders in
2016?
Intro Below is the balance sheet for Southern Comfort Company for December 31 of 2015 and 2016. 2015 2016 Cash 900 1,000 Accounts receivable...
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