use balance sheets and income statement to answer the following
Homework Answers
Telstar
Earning per share = Net Income / No. of shares = 295750 / 50000 = $5.92
Quick Ratio = Quick Assets / Current Liabilities = 825000 / 1075000 = 0.767
P/E Ratio = Market Price / EPS = $47.32/$5.92 = 7.99
Dividend payout ratio = dividend / net income available to common stockholders
= 118300 / 295750 = 40%
Debt to Assets Ratio = Total Liabilities / Total assets = (1075000 + 652000 ) / 2705000 = 0.638
Profit Margin = Net Income / sales = (477000 - 119250 ) / 4870000 = 7.35%
Asset Turnover = sales / Total Assets = 4870000 / 2705000 = 1.8
Equity Multiplier = Total Assets / Total Equity = 2705000/978000 = 2.76
Return on Equity = Net profit margin x Asset turnover x equity multiplier
Return on Equity = 7.35% x 1.8r x 2.76 = 36.51%
Return on Assets = Net Income / Total assets = (477000 - 119250 ) / 2705000 = 13.23%
Days Sales Outstanding = 365 / ( Sales / Accounts Receivables)
= 365 / ( 4870000 / 450000 ) = 33.73 days
Growth Rate = Retention ratio x ROE = (1 - 0.40 ) x 36.51% = 21.91%
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use balance sheets and income statement to answer the
following
Principles of Finance FIN 311 Quiz...
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Net income is $522,000
Please create a statement of cash flow
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Finance 311 - HW! Please help! :)
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Net income is $522,000
Please create a statement of cash flow
2020 2019 Assets Current Assets Cash Accounts receivable Inventory Prepaid expenses 285,000 334,000 306,000 55,000 980,000 305,000 384,000 256,000 35,000 980,000 Total current assets $ $ Fixed (Long-Term) Assets Property, plant, and equipment (Less accumulated depreciation) Total fixed assets $ $ 650,000 (165,000) 485,000 1,465,000 $ $ 590,000 (130,000) 460,000 1,440,000 Total Assets 60,000 15,000 50,000 55,000 180,000 50,000 20,000 25,000 45,000 140,000 $ Liabilities and Owner's Equity Current...
Finance 311 - HW! Please help! :)
2. Balance sheet Aa Aa The balance sheet provides a snapshot of the financial condition of a company. Investors and analysts use the information given on the balance sheet and other financial statements to make several interpretations regarding the company's financial condition and performance Cold Goose Metal Works Inc. is a hypothetical company. Suppose it has the following balance sheet items reported at the end of its first year of operation. For the...
ASSIGNMENT 2 BUSINESS FINANCE FIN 3200 10 Points KUIPERS ENTERPRISES 2018 Income Statement ($ in millions Sales Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxes (34%) Net income Addition to retained earnings $1,512 Dividends $9,000 4,500 700 $3,800 $2,112 600 2018 KUIPERS ENTERPRISES Balance Sheets as of December 31, 2017 and 2018 {$ in millions) Assets 2017 2018 Liabilities and Owners' Equity 2017 Current assets Current liabilities Cash $ 404 $ 247 Accounts payable Receivables 1,115 1.616...
FINA 3006 Preparing a Statement of Cash Flows Given the balance sheets and the income statement of The Jamin Corporation: a) Prepare the firm's statement of cash flows for the year ended December 31, 2017. Income Statement--The Jamin Corporation for the year Ending December 31, 2017 830,200 Sales 39,750 Cost of Goods Sold Gross profit Operating expenses Selling expenses General and administrative expenses Depreclation Total operating expenses Operating income 290,450 90,750 71,800 28,200 190,150 99,700 20,000 Interest expense Earnings before...
Use the following balance sheet and income statement information to answer quest ions 6 to 11: Assets: Cash Accounts Rec. Inventory S 150,000 450,000 $6,000,000 Sales Cost of Goods Sold 3,000,000 Other Expenses 250.000 Current Assets Net Fixed Assets Total Assets 1,200,000 1800,000 $3,000.000 EBIT 2,250,000 Interest Exp. Income Taxes 750.000 Liabilities& Owner's Equity Accts. Payable Notes Payable (ST) 150,000 150,000 Net Income (EAT) 750,000 Current Liabilities $ 300,000 Long-term Debt 1,200,000 Common Equity 1500.000 Total Debt & Eq. $3.000,000...
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