Assume you are given the following abbreviated financial statements: Data table (Click on the icon here in order to copy its contents of the data table below into a spreadsheet.) ($ in millions) Current assets $115 Fixed and other assets $186 Total assets $301 Current liabilities $88 Long-term debt $38 Stockholders' equity $175 Total liabilities and equity $301 Common shares outstanding 11 million shares Total revenues $469 Total operating costs and expenses $402 Interest expense $9 Income taxes $23 Net profits $35 Dividends paid to common stockholders $11 . On the basis of this information, calculate as many liquidity, activity, leverage, profitability, and common stock measures as you can. (Note: Assume the current market price of the common stock is $77.37 per share.)
Assume you are given the following abbreviated financial statements: Data table (Click on the icon here in order to copy its contents of the data table below into a spreadsheet.) ($ in millions) Current assets $115 Fixed and other assets $186 Total assets $301 Current liabilities $88 Long-term debt $38 Stockholders' equity $175 Total liabilities and equity $301 Common shares outstanding 11 million shares Total revenues $469 Total operating costs and expenses $402 Interest expense $9 Income taxes $23 Net profits $35 Dividends paid to common stockholders $11 . On the basis of this information, calculate as many liquidity, activity, leverage, profitability, and common stock measures as you can. (Note: Assume the current market price of the common stock is $77.37 per share.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Assume you are given the following abbreviated financial statements:
Data table
(Click on the icon here
in order to copy its contents of the data table below into a spreadsheet.)
|
($ in millions)
|
||
Current assets
|
|
$115
|
|
Fixed and other assets
|
|
$186
|
|
Total assets
|
|
$301
|
|
Current liabilities
|
|
$88
|
|
Long-term debt
|
|
$38
|
|
|
|
$175
|
|
Total liabilities and equity
|
|
$301
|
|
Common shares outstanding
|
11
million shares |
||
Total revenues
|
|
$469
|
|
Total operating costs and expenses
|
|
$402
|
|
Interest expense
|
|
$9
|
|
Income taxes
|
|
$23
|
|
Net profits
|
|
$35
|
|
|
|
|
|
Dividends paid to common stockholders
|
|
$11
|
On the basis of this information, calculate as many liquidity, activity, leverage, profitability, and common stock measures as you can.
(Note:
Assume the current market price of the common stock is
$77.37
per share.)
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Follow-up Questions
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Follow-up Question
Common stock measures
Part 14
The earnings per share (EPS) is
$3.183.18.
(Round to the nearest cent.)Part 15
The P/E ratio is
24.3324.33.
(Round to two decimal places.)Part 16
The sales per share is
$42.6442.64.
(Round to the nearest cent.)Part 17
The price-to-sales ratio is
enter your response here.
(Round to two decimal places.)there is 22 parts
Solution
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