Balance sheet ($ in millions) Income statement (S in millions) Assets 2010 Liabilities and 2010 owners' equity 2010 Current assets: Current liabilities: Sales 3,400 Cash 200 Accounts payable 400 Cost of goods sold 1,200 Accounts receivable 500 Bills payable 100 Office and selling 600 400 Total current liabilities Inventory expenses 500 Depreciation 102 Total current assets 1.100 Long-term liabilities: Earnings before interest and taxes 1,498 Long-term debt 200 Interest expense 10 Total long-term liabilities Fixed assets: 200 Earnings before taxes 1,488 2.400 Shareholders' funds: Property, plant, and equipment Тахes 607 Net income 881 2,100 Equity share capital (Si per share) 300 Reserves & Surplus Total owners' equity 700 Less: Accumulated 200 depreciation Dividends 635 Net fixed assets 500 Transfer to reserves and 246 surplus Other information Number of shares 200 1.400 Total liability and owners' equity Total assets 1,400 Outstanding (millions) Price per share 7.31
Balance sheet ($ in millions) Income statement (S in millions) Assets 2010 Liabilities and 2010 owners' equity 2010 Current assets: Current liabilities: Sales 3,400 Cash 200 Accounts payable 400 Cost of goods sold 1,200 Accounts receivable 500 Bills payable 100 Office and selling 600 400 Total current liabilities Inventory expenses 500 Depreciation 102 Total current assets 1.100 Long-term liabilities: Earnings before interest and taxes 1,498 Long-term debt 200 Interest expense 10 Total long-term liabilities Fixed assets: 200 Earnings before taxes 1,488 2.400 Shareholders' funds: Property, plant, and equipment Тахes 607 Net income 881 2,100 Equity share capital (Si per share) 300 Reserves & Surplus Total owners' equity 700 Less: Accumulated 200 depreciation Dividends 635 Net fixed assets 500 Transfer to reserves and 246 surplus Other information Number of shares 200 1.400 Total liability and owners' equity Total assets 1,400 Outstanding (millions) Price per share 7.31
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
Related questions
Question
Practice Pack
Following are the financial statements of AB Ltd. for 2010.
From the aforementioned table, calculate the following:
1. Current ratio
2. Liquid ratio
3. Receivables turnover ratio and collection period
4. Inventory turnover and holding period
5. Fixed assets turnover
6. Total assets turnover
7. Debt ratio
8. D/E ratio
9. Interest coverage ratio
10. PAT margin
11. ROA
12. ROE
13. EPS
14. D/P ratio
15. P/E ratio
16. Book value per share
Transcribed Image Text:Balance sheet ($ in millions)
Income statement (S in
millions)
2010 Liabilities and
owners' equity
Assets
2010
2010
Current assets:
Current liabilities:
Sales
3,400
200 Accounts payable
Accounts receivable 500 Bills payable
Cash
400
Cost of goods sold
1,200
100
Office and selling
600
Inventory
400 Total current
expenses
500
liabilities
Depreciation
102
Total current assets 1.100 Long-term liabilities:
Earnings before
interest and taxes
1,498
Long-term debt
200
Interest expense
10
Total long-term
liabilities
Fixed assets:
200
Earnings before taxes
1,488
2.400 Shareholders' funds:
Property, plant, and
equipment
Тахes
607
Net income
881
2,100 Equity share capital
(Si per share)
300 Reserves & Surplus
Less: Accumulated
200
depreciation
Dividends
635
Net fixed assets
500
Transfer to reserves and
246
Total owners' equity 700
surplus
Other information
Number of shares
Outstanding (millions)
200
1,400 Total liability and
owners' equity
Total assets
1,400
Price per share
7.31
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Includes step-by-step video
Learn your way
Includes step-by-step video
Step by step
Solved in 3 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education