Krispy Kreme Doughnuts has current assets of $147 million; property,plant, and equipment of $206 million; and other assets totaling $58million. Current liabilities are $154 million and long-term liabilities total$148 million.How much of the company's assets do the Krispy Kreme stockholdersactually own?

To determine how much of the company's assets Krispy Kreme stockholders actually own, we calculate…

Answered: Krispy Kreme Doughnuts has current…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Suppose that in April 2019, Nike Inc. had sales of $36,367 million, EBITDA of $5,229 million, excess cash of $5,238 million, $3,804 million of debt, and 1,583.2 million shares outstanding. a. Using the average enterprise value to sales multiple in the table here,, estimate Nike's share price. b. What range of share prices do you estimate based on the highest and lowest enterprise value to sales multiples in the table above? c. Using the average enterprise value to EBITDA multiple in the table above, estimate Nike's share price. d. What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in the table above? Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Average Maximum Minimum P 23.99 +81% - 45% Print Price Book 7.46 + 193% - 83% Done Enterprise Value Sales 2.17 + 96% - 80% Enterprise Value EBITDA 19.98 + 73% - 81% X
The following information is provided for Oceanic Ventures and Pinnacle Holdings: (in $ millions) Oceanic Ventures Pinnacle Holdings Net income 2021 $280 $640 Net sales 2021 3,500 7,200 Total assets 12/31/19 2,400 4,600 Total assets 12/31/20 2,700 5,000 Total assets 12/31/21 3,000 5,500 Capital expenditures $150 $300 What is Pinnacle Holdings' return on assets (rounded) for 2021?
The liabilities of Blue Corporation are $139,400. Blue's share capital is $82,000 and its retained earnings are $73,800. What is the amount of Blue's total assets? Total assets
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The following information is provided for Oceanic Ventures and Pinnacle Holdings: Oceanic Ventures Pinnacle Holdings (in $ millions) Net income 2021 $280 $640 Net sales 2021 3,500 7,200 Total assets 12/31/19 2,400 4,600 Total assets 12/31/202,700 5,000 Total assets 12/31/21 3,000 5,500 Capital expenditures $150 $300 What is Pinnacle Holdings' return on assets (rounded) for 2021?
How much should be reported in La Casa’s P&L section of the statement of comprehensive income and how much is the carrying value of the investment at the end of 2018?
C. Enterprises has total current assets of $ 336,002 and fixed assets of $ 462,306. The company also has long-term debt of $ 285,400, $ 100,000 in its common stock account, and retained earnings of $ 187,572. What is the value of its total current liabilities? Total current liabilities $?
Pharoah Enterprises has total current assets of $354,002 and fixed assets of $465,306. The company also has long-term debt of $278,400, $100,000 in its common stock account, and retained earnings of $187,570. What is the value of its total current liabilities?
The market value of the equity of Thompson, Inc., is $582,000. The balance sheet shows $21,000 in cash and $192,000 in debt, while the income statement has EBIT of $93,000 and a total of $137,000 in depreciation and amortization. What is the enterprise value-EBITDA multiple for this company?
Malit Corporation has a total shareholders' equity of P1,000,000, including retained earnings of P190,000. The cash balance is P350,000. The maximum cash dividend the corporation can declare and pay is
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Based on the corporate valuation model, the value of Virtual Homes Co.'s operations is $1.15 billion. The company's balance sheet shows $50 million in accounts receivable, $77 million in inventory, and $215 million in cash and marketable securities. The balance sheet also shows $95 million in accounts payable, $165 million in notes payable, $470 million in long-term debt, $85 million in preferred stock, $281 million in retained earnings, and $705 million in total common equity. If Virtual Homes has 50 million shares of common stock and 10 million shares of preferred stock outstanding, what is the best estimate of the common stock's price per share? $12.90 O $64.50 $7.28 $15.44 $13.54

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