The balance sheet and income statement shown below are for
Sneaker Inc. Note that the firm has no amortization charges, it
does not lease any assets, none of its debt must be retired during
the next 5 years, and the notes payable will be rolled over.
Balance Sheet (Millions of $) | ||
Assets | 2019 | |
Cash and securities | $ 2,500 | |
Accounts receivable | 11,500 | |
Inventories | 16,000 | |
Total current assets | $30,000 | |
Net plant and equipment | $20,000 | |
Total assets | $50,000 | |
Liabilities and Equity | ||
Accounts payable | $ 9,500 | |
Accruals | 5,500 | |
Notes payable | 7,000 | |
Total current liabilities |
$22,000 | |
Long-term bonds | $15,000 | |
Total liabilities | $37,000 | |
Common stock | $ 2,000 | |
Retained earnings | 11,000 | |
Total common equity | $13,000 | |
Total liabilities and equity | $50,000 | |
Income Statement (Millions of $) | 2019 | |
Net sales | $87,500 | |
Operating costs except depreciation | 81,813 | |
Depreciation | 1,531 | |
Earnings bef interest and taxes (EBIT) | $ 4,156 | |
Less interest | 1,375 | |
Earnings before taxes (EBT) | $ 2,781 | |
Taxes | 973 | |
Net income | $ 1,808 | |
Other data: | ||
Shares outstanding (millions) | 500.00 | |
Common dividends | $632.73 | |
Int rate on notes payable & L-T bonds | 6.25% | |
Federal plus state income tax rate | 35% | |
Year-end stock price |
$43.39 |
What is the firm's ROE?
What is the firm's profit margin?
What is the firm's P/E ratio?
What is the firm's operating margin?
What is the firm's market-to-book ratio?
What is the firm's inventory turnover ratio?
What is the firm's ROE
=net income/equity
=1808/13000
=13.91%
What is the firm's profit margin
=net income/sales
=1808/87500
=2.07%
What is the firm's P/E ratio
=43.39/(1808/500)
=12.00
What is the firm's operating margin
=EBIT/sales
=4156/87500
=4.75%
What is the firm's market-to-book ratio
=43.39/(13000/500)
=1.67
What is the firm's inventory turnover ratio (using Operating costs except depreciation)
=81813/16000
=5.11
What is the firm's inventory turnover ratio (using sales)
=87500/16000
=5.47
The balance sheet and income statement shown below are for Sneaker Inc. Note that the firm...
The balance sheet and income statement shown below are for Sneaker Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 3 years and the notes payable will be rolled over Balance Sheet Millions of $) Assets Cash and securities Accounts receivable Investories Total current Net plant and equipment Total Liabilities and Fit Accounts payable Acerals Notes payable Totalement liabilities 2019 $2,500 11,500 16.000 $30,000...
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what is the forms operating margin? what is the firm's return on invested capital? what is the firm's ROA? what is the firm's total assets turnover? what is the firm's total debt to total capital ratio? The balance sheet and income statement shown below are for Sneaker Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt rust be retired during the next 5 years, and the notes payable will be...
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Pettijohn Inc. The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. Balance Sheet (Millions of $) Assets 2016 Cash and securities $ 1,554.0 Accounts receivable 9,660.0 Inventories 13,440.0 Total current assets $24,654.0 Net plant and equipment 17,346.0 Total assets $42,000.0 Liabilities and Equity...
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Pettijohn Inc. The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. Balance Sheet (Millions of $) Assets 2016 Cash and securities $ 1,554.0 Accounts receivable 9,660.0 Inventories 13,440.0 Total current assets $24,654.0 Net plant and equipment 17,346.0 Total assets $42,000.0 Liabilities and...
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