Amounts are in thousands of dollars (except number of shares and price per share): Kiwi Fruit Company Balance Sheet Cash and equivalents $490 Operating assets 790 Property, plant, and equipment 3,200 Other assets 180 Total assets $4,660 Current liabilities $1,040 Long-term debt 1,510 Other liabilities 190 Total liabilities $2,740 Paid in capital $410 Retained earnings 1,510 Total equity $1,920 Total liabilities and equity $4,660 Kiwi Fruit Company Income Statement Net sales $8,600 Cost of goods sold −6,900 Gross profit $1,700 Operating expense −620 Operating income $1,080 Other income 175 Net interest expense −200 Pretax income $1,055 Income tax −265 Net income $790 Earnings per share $2.00 Shares outstanding 395,000 Recent price $44.50 Kiwi Fruit Company Cash Flow Statement Net income $790 Depreciation and amortization 214 Increase in operating assets −115 Decrease in current liabilities −130 Operating cash flow $759 Net (purchase) sale of property $215 Increase in other assets −76 Investing cash flow $139 Net (redemption) issuance of LTD −$202 Dividends paid −188 Financing cash flow −$390 Net cash increase $508 Calculate the price-book, price-earnings, and price-cash flow ratios for Kiwi Fruit
Amounts are in thousands of dollars (except number of shares and price per share): Kiwi Fruit Company Balance Sheet Cash and equivalents $490 Operating assets 790 Property, plant, and equipment 3,200 Other assets 180 Total assets $4,660 Current liabilities $1,040 Long-term debt 1,510 Other liabilities 190 Total liabilities $2,740 Paid in capital $410 Retained earnings 1,510 Total equity $1,920 Total liabilities and equity $4,660 Kiwi Fruit Company Income Statement Net sales $8,600 Cost of goods sold −6,900 Gross profit $1,700 Operating expense −620 Operating income $1,080 Other income 175 Net interest expense −200 Pretax income $1,055 Income tax −265 Net income $790 Earnings per share $2.00 Shares outstanding 395,000 Recent price $44.50 Kiwi Fruit Company Cash Flow Statement Net income $790 Depreciation and amortization 214 Increase in operating assets −115 Decrease in current liabilities −130 Operating cash flow $759 Net (purchase) sale of property $215 Increase in other assets −76 Investing cash flow $139 Net (redemption) issuance of LTD −$202 Dividends paid −188 Financing cash flow −$390 Net cash increase $508 Calculate the price-book, price-earnings, and price-cash flow ratios for Kiwi Fruit
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Amounts are in thousands of dollars (except number of shares and price per share):
| Kiwi Fruit Company |
|
| Cash and equivalents | $490 |
| Operating assets | 790 |
| Property, plant, and equipment | 3,200 |
| Other assets | 180 |
| Total assets | $4,660 |
| Current liabilities | $1,040 |
| Long-term debt | 1,510 |
| Other liabilities | 190 |
| Total liabilities | $2,740 |
| Paid in capital | $410 |
| 1,510 | |
| Total equity | $1,920 |
| Total liabilities and equity | $4,660 |
| Kiwi Fruit Company Income Statement | ||
| Net sales | $8,600 | |
| Cost of goods sold | −6,900 | |
| Gross profit | $1,700 | |
| Operating expense | −620 | |
| Operating income | $1,080 | |
| Other income | 175 | |
| Net interest expense | −200 | |
| Pretax income | $1,055 | |
| Income tax | −265 | |
| Net income | $790 | |
| Earnings per share | $2.00 | |
| Shares outstanding | 395,000 | |
| Recent price | $44.50 | |
| Kiwi Fruit Company Cash Flow Statement | ||
| Net income | $790 | |
| 214 | ||
| Increase in operating assets | −115 | |
| Decrease in current liabilities | −130 | |
| Operating cash flow | $759 | |
| Net (purchase) sale of property | $215 | |
| Increase in other assets | −76 | |
| Investing cash flow | $139 | |
| Net (redemption) issuance of LTD | −$202 | |
| Dividends paid | −188 | |
| Financing cash flow | −$390 | |
| Net cash increase | $508 | |
Calculate the price-book, price-earnings, and price-cash flow ratios for Kiwi Fruit
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