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
11. Calculate the Rate of
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* ES
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E Apps
Personal Banking |...
* Captionless Image
Breakdown
TTM
12/31/2019
12/31/2018
12/31/2017
v Total Revenue
321,782,000
280,522,000
232,887,000
177,866,000
Operating Revenue
321,782,000
280,522,000
232,887,000
177,866,000
Cost of Revenue
239,893,000
205,768,000
173,183,000
137,183,000
Gross Profit
81,889,000
74,754,000
59,704,000
40,683,000
> Operating Expense
65,020,000
60,213,000
47,283,000
36,577,000
Operating Income
16,869,000
14,541,000
12,421,000
4,106,000
> Net Non Operating Interest Inc.
-885,000
-768,000
-977,000
-646,000
> Other Income Expense
305,000
203,000
-183,000
346,000
Pretax Income
16,289,000
13,976,000
11,261,000
3,806,000
Tax Provision
3,009,000
2,374,000
1,197,000
769,000
Earnings from Equity Interest Net .
-100,000
-14,000
9,000
-4,000
v Net Income Common Stockhold.
13,180,000
11,588,000
10,073,000
3,033,000
> Net Income
13,180,000
11,588,000
10,073,000
3,033,000
Diluted NI Available to Com Stock.
13,180,000
11,588,000
10,073,000
3,033,000
Basic EPS
0.0235
0.0207
0.0063
Diluted EPS
0.023
0.0201
0.0062
Basic Average Shares
494,000
487,000
480,000
Diluted Average Shares
504,000
500,000
493,000
Total Operating Income as Reported
16,869,000
14,541,000
12,421,000
4,106,000
Total Expenses
304,913,000
265,981,000
220,466,000
173,760,000
Net Income from Continuing & Dis...
13,180,000
11,588,000
10,073,000
3,033,000
Normalized Income
13,180,000
11,588,000
10,073,000
3,033,000
1:26 PM
O Type here to search
日
IA
G 4») ENG
48
12/11/2020
13
+"
Transcribed Image Text:O jgoi ×
O BDSW X
GBPU X
* Goog x
* Searc X
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ь МуQ х
В BAFЗ Х
* 8.4 Tr x
E 8.7 UI X
E 8.6 TE X
* 9.4.2 X
E Roun x
i docs.google.com/forms/d/e/1FAlpQLSd8y0SiaSvtGskBBd3MdGR5NzjKZ2Gz9n0wPiFIBgvl7cde1g/viewform?hr_submission=Chglhs-v9GgSEAjl5azWiQcSBwj2vuXowwQQAQ
* ES
P
E Apps
Personal Banking |...
* Captionless Image
Breakdown
TTM
12/31/2019
12/31/2018
12/31/2017
v Total Revenue
321,782,000
280,522,000
232,887,000
177,866,000
Operating Revenue
321,782,000
280,522,000
232,887,000
177,866,000
Cost of Revenue
239,893,000
205,768,000
173,183,000
137,183,000
Gross Profit
81,889,000
74,754,000
59,704,000
40,683,000
> Operating Expense
65,020,000
60,213,000
47,283,000
36,577,000
Operating Income
16,869,000
14,541,000
12,421,000
4,106,000
> Net Non Operating Interest Inc.
-885,000
-768,000
-977,000
-646,000
> Other Income Expense
305,000
203,000
-183,000
346,000
Pretax Income
16,289,000
13,976,000
11,261,000
3,806,000
Tax Provision
3,009,000
2,374,000
1,197,000
769,000
Earnings from Equity Interest Net .
-100,000
-14,000
9,000
-4,000
v Net Income Common Stockhold.
13,180,000
11,588,000
10,073,000
3,033,000
> Net Income
13,180,000
11,588,000
10,073,000
3,033,000
Diluted NI Available to Com Stock.
13,180,000
11,588,000
10,073,000
3,033,000
Basic EPS
0.0235
0.0207
0.0063
Diluted EPS
0.023
0.0201
0.0062
Basic Average Shares
494,000
487,000
480,000
Diluted Average Shares
504,000
500,000
493,000
Total Operating Income as Reported
16,869,000
14,541,000
12,421,000
4,106,000
Total Expenses
304,913,000
265,981,000
220,466,000
173,760,000
Net Income from Continuing & Dis...
13,180,000
11,588,000
10,073,000
3,033,000
Normalized Income
13,180,000
11,588,000
10,073,000
3,033,000
1:26 PM
O Type here to search
日
IA
G 4») ENG
48
12/11/2020
13
+
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b My Q x
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E 8.7 UI X
A Meet x
E 8.6 TE X
* 9.4.2 X
E Roun x
i docs.google.com/forms/d/e/1FAlpQLSd8y0SiaSvtGskBBd3MdGR5NzjKZ2Gz9n0wPiFIBgvl7cde1g/viewform?hr_submission=Chglhs-v9GgSEAjl5azWiQcSBwj2vuXowwQQAQ
* ES
P
E Apps
Personal Banking ...
* Captionless Image
COmpanTY I
Breakdown
12/31/2019
12/31/2018
12/31/2017
12/31/2016
v Total Assets
225,248,000
162,648,000
131,310,000
83,402,000
v Current Assets
96,334,000
75,101,000
60,197,000
45,781,000
v Cash, Cash Equivalents & S.
55,021,000
41,250,000
30,986,000
25,981,000
Cash And Cash Equivalents
36,092,000
31,750,000
20,522,000
19,334,000
Other Short Term Investme.--
18,929,000
9,500,000
10,464,000
6,647,000
v Receivables
20,816,000
16,677,000
13,164,000
8,339,000
> Accounts receivable
20,816,000
16,677,000
13,164,000
8,339,000
> Inventory
20,497,000
17,174,000
16,047,000
11,461,000
> Total non-current assets
128,914,000
87,547,000
71,113,000
37,621,000
v Total Liabilities Net Minority Int.--
163,188,000
119,099,000
103,601,000
64,117,000
> Current Liabilities
87,812,000
68,391,000
57,883,000
43,816,000
> Total Non Current Liabilities ...
75,376,000
50,708,000
45,718,000
20,301,000
v Total Equity Gross Minority Inte---
62,060,000
43,549,000
27,709,000
19,285,000
v Stockholders' Equity
62,060,000
43,549,000
27,709,000
19,285,000
> Capital Stock
5,000
5,000
5,000
5,000
Additional Paid in Capital
33,658,000
26,791,000
21,389,000
17,186,000
Retained Earnings
31,220,000
19,625,000
8,636,000
4,916,000
Treasury Stock
1,837,000
1,837,000
1,837,000
1,837,000
Gains Losses Not Affecting Re-.
-986,000
-1,035,000
-484,000
-985,000
1:07 PM
O Type here to search
IA
G 4») ENG
48
12/11/2020
11
+"
Transcribed Image Text:O jgoi ×
O BDSW X
GBPU X
* Goog X
* Searc x
O (348) X
b My Q x
A BAF3 X
* 8.4 Tr x
E 8.7 UI X
A Meet x
E 8.6 TE X
* 9.4.2 X
E Roun x
i docs.google.com/forms/d/e/1FAlpQLSd8y0SiaSvtGskBBd3MdGR5NzjKZ2Gz9n0wPiFIBgvl7cde1g/viewform?hr_submission=Chglhs-v9GgSEAjl5azWiQcSBwj2vuXowwQQAQ
* ES
P
E Apps
Personal Banking ...
* Captionless Image
COmpanTY I
Breakdown
12/31/2019
12/31/2018
12/31/2017
12/31/2016
v Total Assets
225,248,000
162,648,000
131,310,000
83,402,000
v Current Assets
96,334,000
75,101,000
60,197,000
45,781,000
v Cash, Cash Equivalents & S.
55,021,000
41,250,000
30,986,000
25,981,000
Cash And Cash Equivalents
36,092,000
31,750,000
20,522,000
19,334,000
Other Short Term Investme.--
18,929,000
9,500,000
10,464,000
6,647,000
v Receivables
20,816,000
16,677,000
13,164,000
8,339,000
> Accounts receivable
20,816,000
16,677,000
13,164,000
8,339,000
> Inventory
20,497,000
17,174,000
16,047,000
11,461,000
> Total non-current assets
128,914,000
87,547,000
71,113,000
37,621,000
v Total Liabilities Net Minority Int.--
163,188,000
119,099,000
103,601,000
64,117,000
> Current Liabilities
87,812,000
68,391,000
57,883,000
43,816,000
> Total Non Current Liabilities ...
75,376,000
50,708,000
45,718,000
20,301,000
v Total Equity Gross Minority Inte---
62,060,000
43,549,000
27,709,000
19,285,000
v Stockholders' Equity
62,060,000
43,549,000
27,709,000
19,285,000
> Capital Stock
5,000
5,000
5,000
5,000
Additional Paid in Capital
33,658,000
26,791,000
21,389,000
17,186,000
Retained Earnings
31,220,000
19,625,000
8,636,000
4,916,000
Treasury Stock
1,837,000
1,837,000
1,837,000
1,837,000
Gains Losses Not Affecting Re-.
-986,000
-1,035,000
-484,000
-985,000
1:07 PM
O Type here to search
IA
G 4») ENG
48
12/11/2020
11
+
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