Earnings per share = Net income /Outstanding common shares
= 1,980 million/500 million
= $3.96 per share
P/E ratio = Market price per share/Earnings per share
= 47.52/3.96
= 12.0
Option B is the answer
The balance sheet and income statement shown below are for Koski Ine. Note that the firm...
Exhibit 4.1 The balance sheet and income statement shown below are for Koski Ine. 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 5) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities...
Exhibit 4.1 The balance sheet and income statement shown below are for Koski Ine. Note that the firm has no amortization charges, it does not lease any nuets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over Balance Sheet (Millions of 5) Assets 2018 Cash and securities $3,000 Accounts receivable 15,000 Inventories 18,000 Total current assets $36,000 Net plant and equipment 1 $24,000 Total assets $60,000 Liabilities and Equity...
The balance sheet and income statement shown below are for Koski 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 2018 Cash and securities $3,000 Accounts receivable 15,000 Inventories 18,000 Total current assets $36,000 Net plant and equipment $24,000 Total assets $60,000 Liabilities and Equity Accounts payable $18,630...
The balance sheet and income statement shown below are for Konki 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 5) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities 2018 $3,000...
2018 Exhibit 4.1 The balance sheet and income statement shown below are for Konki Ine. Note that the firm has no amortisation charge, it does not ease any sets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over Balance Sheet (Millions of s) Assets Cash and securities $3,000 Accounts receivable 15,000 Inventories 18,000 Total current assets $36,000 Net plant and equipment $24,000 Total assets $60,000 Liabilities and Equity Accounts...
Exhibit 4.1 The balance sheet and income statement shown below are for Koski 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 2018 Cash and securities $3,000 Accounts receivable 15,000 Inventories 18,000 Total current assets $36,000 Net plant and equipment $24,000 Total assets $60,000 Liabilities and Equity Accounts...
lysis of Financial Statements - Homework Assignment The balance sheet and income statement shown below are for Koski Ine. 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. A Balance Sheet (Millions of $) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable...
Exhibit 4.1 5 The balance sheet and income statement shows below are for de me. Note that before marrin charge do wytwo delt must be retired during the next years, and the notes while will be rolled 6. 7. 9. 10 11. Balance Sheet (Millions of 3) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment . Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities 2018 $3.000 15,000 18.000 $36.000...
The balance sheet and income statement shown below are for Koski 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 $4,200 17,500 Accounts receivable Inventories 20,300 Total current assets $42,000 $28,000 Net plant and equipment Total assets $70,000 Liabilities and Equity Accounts payable $27,531...
Exhibit 4.1 The balance sheet and income statement shown below are for Koski 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 $4,200 Accounts receivable 17,500 Inventories 20,300 Total current assets $42,000 Net plant and equipment $28,000 Total assets $70,000 Liabilities and Equity Accounts...