Kuipers, Inc. 2018 statement of comprehensive income ($ in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Net income Addition to retained earnings Dividends paid Taxable income Less: Taxes Kuipers, Inc. 2017 and 2018 Statement of financial positions ($ in millions) Cash Accounts rec. Inventory Total Net fixed assets Total assets 2017 $100 350 440 $890 1,556 $2,446 2018 $121 Accounts payable 425 Notes payable 410 Total $956 Long-term debt 1,704 Owner's equity Common stock Retained earnings Total $2,660 Total liabilities 2017 $400 390 $790 500 600 556 1,156 $2.446 2018 $1,384 605 180 599 80 519 156 $363 $254 109 $350 370 $720 550 580 810 1,390 $2,660 If the firm has 180 million shares of stock outstanding, what is the firm's 2018 dividends per share?

Kuipers, Inc. 2018 statement of comprehensive income ($ in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Net income Addition to retained earnings Dividends paid Taxable income Less: Taxes Kuipers, Inc. 2017 and 2018 Statement of financial positions ($ in millions) Cash Accounts rec. Inventory Total Net fixed assets Total assets 2017 $100 350 440 $890 1,556 $2,446 2018 $121 Accounts payable 425 Notes payable 410 Total $956 Long-term debt 1,704 Owner's equity Common stock Retained earnings Total $2,660 Total liabilities 2017 $400 390 $790 500 600 556 1,156 $2.446 2018 $1,384 605 180 599 80 519 156 $363 $254 109 $350 370 $720 550 580 810 1,390 $2,660 If the firm has 180 million shares of stock outstanding, what is the firm's 2018 dividends per share?

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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Compute and Interpret Ratios Selected balance sheet and income statement information from Illinois Tool Works follows. $ millions 2019 2018 2017 Net operating profit after tax (NOPAT) $2,480 $2,575 Net income 2,395 2,435 Total assets 13,561 13,383 $15,102 Equity 2,723 2,929 2,929 Net operating profit after tax (NOA) 7,982 8,516 9,080 Treasury stock 18,033 16,668 14,784 Compute profitability measures: RNOA, ROA and ROE for 2019 and 2018 using the numbers as reported by the company. Note: Round answers to one decimal place (ex: 0.2345 = 23.5%). b. Adjust equity and total assets for the amount of treasury stock. Using these restated numbers, recompute RNOA, ROA and ROE for both years.Note: Round answers to one decimal place (ex: 0.2345 = 23.5%).
Use the following information for Taco Swell, Incorporated, (assume the tax rate is 24 percent): Sales Depreciation Cost of goods sold Other expenses Interest Cash Accounts receivable Short-term notes payable Long-term debt Net fixed assets Accounts payable Inventory Dividends 2020 $ 18,549 2,416 5,890 Cash flow from assets Cash flow to creditors Cash flow to stockholders 1,371 1,130 GA 8,696 11,528 1,714 29,180 72,861 6,293 20,492 2,179 For 2021, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. $ $ $ 2021 $ 18,888 2,524 6,771 1,198 1,345 9,367 13,602 1,681 35,329 77,730 6,760 21,902 2,354 -1,538.80 -4,804.00 7,250.00
Additional information: 2018 current ratio: 1.4:1 debt to total assets: 61.1% Question: find working capital for 2018 Additional information: 2017 current ratio 1.5:1 working capital: 214,500 Question find debt to total assets for 2017
Based on the above information, analyze the changes in the company's profitability and liquidity, in addition to the management of accounts receivable and inventory from 2022 to 2024. (Round answers to 1 decimal place, eg 13.5% or 13.5.) 2023 Sales Cost of goods sold Gross margin Other expenses Income taxes Net income Current ratio Quick ratio A/R turnover Average collection period Inventory turnover Days to sell inventory Debt to equity Return on assets 2022 Return on equity % 2022 % % 2022 :1 :1 times days times days 56 2023 % % % 2023 times days times days 2024 Based on the above information, analyze the company's use of leverage from 2022 to 2024. (Round answers to 1 decimal place, eg 15.1%) % 2024 % % % 2024
7
Use the following information for Ingersoll, Inc. Assume the tax rate is 21 percent. 2019 $18,798 2,494 6,741 1,183 Sales Depreciation Cost of goods sold Other expenses Interest Cash Accounts receivable Short-term notes payable Long-term debt Net fixed assets Accounts payable Inventory Dividends 2018 $17,049 2,386 5,740 1,350 Cash flow from assets Cash flow to creditors Cash flow to stockholders 1,115 1,330 8,681 9,277 11,498 13,512 1,684 1,651 29,090 35,254 72,792 77,640 6,275 6,670 20,441 21,872 2,029 2,324 For 2019, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Q4. Comparative financial statement data of Field, Inc., follow: FIELD, INC. Comparative Income Statement Years Ended December 31, 2016 and 2015 VERTICAL HORIZONTAL Increase (Decrease) Amount Percent Net sales (all sales on credit) Cost of goods sold Gross profit Operating expenses Income from operations Interest expense Income before income tax Income tax expense Net income Current assets: Cash Current receivables Inventories Prepaid expenses Total current assets Property, plant, and equipment, net Total assets Total current liabilities Long-term liabilities Total liabilities Capital Total liabilities and equity 2016 $ 500,000 250,000 $ 250,000 140,000 $ 110,000 10,000 $ 100,000 30,000 $ 70,000 2015 $ 400,000 150,000 $ 250,000 100,000 $ 150,000 2016 20,000 $ 130,000 50,000 $ 80,000 FIELD, INC. Comparative Balance Sheet December 31, 2016 and 2015 HORIZONTAL VERTICAL 2015 2016 2015 Percent Percent $ 88,000 121,000 158,000 Increase (Decrease) 2016 2015 Amount Percent Percent Percent $…
Table 1: Revenue and expense information for the year 2017 and balance sheet items at 31 December 2017 Cash Net fixed assets Interest paid Creditors Debtors Accumulated retained profit - end of 2017 Costs of goods sold Sales revenue Short-term loans Overdraft balance Expenses Share capital Dividends paid Long-term liabilities Stock of toy parts $1000 $27000 $250 $4000 $3500 $10000 $7500 $27250 $1500 $2000 $7000 $13500 $2500 $5000 $4500
IKIBAN INCORPORATED Comparative Balance Sheets 2021 At June 30 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accumulated depreciation Equipment Total assets Notes payable (long term) Total liabilities. Equity Common stock, $5 par value Retained earnings. Total liabilities and. equity Liabilities and Equity) Accounts payable Wages payable Income taxes payable. Total current liabilities 39,200 Sales Cost of goods sold. Gross profit $ 105,100 71,000 67,800 4,800 248,700 128,000 (29,000) $ 347,700 Cash flows from operating activities $ 29,000 6,400 3,800 IKIBAN INCORPORATED Income Statement For Year Ended June 30, 2021 Operating expenses (excluding depreciation) Depreciation expense: Other gains (losses) Gain on sale of equipment Income before taxes Income taxes expense Net income Cash flows from investing activities 228,000 46,500 $ 347,700 Cash flows from financing activities Net increase (decrease) in cash Cash balance at prior year-end…
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Here are simplified financial statements for Phone Corporation in 2020: Net sales Cost of goods sold Other expenses INCOME STATEMENT (Figures in $ millions) Depreciation Earnings before interest and taxes (EBIT) Interest expense Income before tax Taxes (at 21%) Net income Dividends Assets Cash and marketable securities Receivables Inventories Other current assets BALANCE SHEET (Figures in $ millions) Total current assets Net property, plant, and equipment Other long-term assets. Total assets Liabilities and shareholders' equity Payables Short-term debt Other current liabilities Total current liabilities Long-term debt and leases Other long-term liabilities Shareholders' equity Total liabilities and shareholders' equity $ 13,600 4,310 4,162 2,668 $2,460 718 $1,750 368 a. Return on equity (use average balance sheet figures) b. Return on assets (use average balance sheet figures) c. Return on capital (use average balance sheet figures) d. Days in inventory (use start-of-year balance sheet…
Bruno Inc.'s Financial Statement for years 2014-2015. Compute for the Bruno Inc. Year 2015 Debt to Equity Ratio. (Answer Format: 12.23%, if computed answer is 12.343% answer should be 12.34%, if computed answer is 12.347% answer should be 12.35%)

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