Mailings Review View Help Unless you need to edit, it's safer to stay in Protected View. Depreciation $ 159,000 Misc. Expenses $ 34,000 T Earnings before Taxes $380,680 Kimberly Cammon KC Enable Editing P/E Ratio Market price Number of shares outstanding $ 50.00 20.000 Comments
Mailings Review View Help Unless you need to edit, it's safer to stay in Protected View. Depreciation $ 159,000 Misc. Expenses $ 34,000 T Earnings before Taxes $380,680 Kimberly Cammon KC Enable Editing P/E Ratio Market price Number of shares outstanding $ 50.00 20.000 Comments
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
Toby’s
Transcribed Image Text:ysis - Protected View Saved to this PC
Mailings Review
Help
ses. Unless you need to edit, it's safer to stay in Protected View.
Depreciation
$ 159,000
Misc. Expenses
$ 34,000
%
5
•
O Search
Earnings before Taxes
Taxes
Net Income
View
Industry Financial Ratios
Quick Ratio
Current Ratio
Inventory Turnover
AR Period
Fixed Asset Turnover
Total Asset Turnover
Return on Assets
Return on Equity
Total Debt Ratio
G
Profit Margin on Sales
P/E Ratio
16 4-
Y
H
N
J+
& 7
U
8
hp
18
*
$ 380,680
$ 126,306
$ 254,374
TAA
M
19
2x
35 days
13x
2.6x
9.10%
20%
50%
5%
6x
K
3x
8x
▷ll
Enable Editing
a
f10
P/E Ratio
Market price
Number of shares
outstanding
Toby's Financial Ratios
Quick Ratio
Current Ratio
Inventory Turnover
Kimberly Cammon KC
Days Sales Outstanding
Fixed Asset Turnover
Total Asset Turnover
Return on Assets
Return on Equity
Total Debt Ratio
Profit Margin on Sales
P/E Ratio
W
X
D Focus
112
S!!!!
insert
$ 50.00
Ratio
prt sc
20,000
pause
-
Comments 69
backspace
+ 100%
12:02 AM
1/22/2023
delete
home
enter
pg up
T shift
![lysis Protected View Saved to this PC ✓
Mailings Review
Help
uses. Unless you need to edit, it's safer to stay in Protected View.
%
5
O Search
View
Forecasted Balance Sheet for 2021
Cash
Accounts receivables
Inventories
Total current assets
Land and building
Machinery
Other fixed assets
Total assets
1. Toby's forecasted 2021 financial statements follow, along with some industry average
ratios. Calculate Toby's 2021 forecasted ratios and fill in the above table. Calculate the EPS
and DPS. The company has a 40% payout ratio.
40
Forecasted Income Statement for 2021
$6,390,000
$5,580,000
$ 810,000
Sales
Cost of goods sold
Gross operating profit
General admin & selling
expenses
Depreciation
Misc. Expenses
Earnings before Taxes
Taxes
Net Income
Industry Financial Ratios
Y
17
&
♫+
18
*
KAA
$ 72,000
$ 639,000
$ 994,000
$1,705,000
$ 338,000
$ 132,000
$ 61,000
$2,236,000
8
$ 236,320
$ 159,000
$ 34,000
$ 380,680
$ 126,306
$ 254,374
fg
DII
Enable Editing
9
Accounts and notes payable
Accruals
Total current liabilities
Per-Share Data
EPS
Long-term debt
Common stock
Retained earnings
Total liabilities and equity
DPS
P/E Ratio
Market price
Number of shares
outstanding
f10
Toby's Financial Ratios
W
Kimberly Cammon
DDI
$11
X
P
D Focus 88
F
(12
insert
+
**
$
KC
Ratio
$ 432,000
$ 170,000
$ 602,000
$ 604,290
$ 775,000
$ 254,710
$2,236,000
20,000
50.00
prt sc
$
]
$
7.
Com
backspace
1](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0e5504e5-f251-4b75-ac6b-db9f61d8023c%2F18da406b-569e-4308-8c54-4081d29a4551%2F0g58ezo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:lysis Protected View Saved to this PC ✓
Mailings Review
Help
uses. Unless you need to edit, it's safer to stay in Protected View.
%
5
O Search
View
Forecasted Balance Sheet for 2021
Cash
Accounts receivables
Inventories
Total current assets
Land and building
Machinery
Other fixed assets
Total assets
1. Toby's forecasted 2021 financial statements follow, along with some industry average
ratios. Calculate Toby's 2021 forecasted ratios and fill in the above table. Calculate the EPS
and DPS. The company has a 40% payout ratio.
40
Forecasted Income Statement for 2021
$6,390,000
$5,580,000
$ 810,000
Sales
Cost of goods sold
Gross operating profit
General admin & selling
expenses
Depreciation
Misc. Expenses
Earnings before Taxes
Taxes
Net Income
Industry Financial Ratios
Y
17
&
♫+
18
*
KAA
$ 72,000
$ 639,000
$ 994,000
$1,705,000
$ 338,000
$ 132,000
$ 61,000
$2,236,000
8
$ 236,320
$ 159,000
$ 34,000
$ 380,680
$ 126,306
$ 254,374
fg
DII
Enable Editing
9
Accounts and notes payable
Accruals
Total current liabilities
Per-Share Data
EPS
Long-term debt
Common stock
Retained earnings
Total liabilities and equity
DPS
P/E Ratio
Market price
Number of shares
outstanding
f10
Toby's Financial Ratios
W
Kimberly Cammon
DDI
$11
X
P
D Focus 88
F
(12
insert
+
**
$
KC
Ratio
$ 432,000
$ 170,000
$ 602,000
$ 604,290
$ 775,000
$ 254,710
$2,236,000
20,000
50.00
prt sc
$
]
$
7.
Com
backspace
1
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 4 steps
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