Nobility Homes, Incorporated, is a small maker of manufactured homes sold throughout the state of Florida. The following are selectedfinancial data for the company for the period 2012-2016.Profit margin (%)Retention ratio (%)Asset turnover (X)Financial leverage (X)Growth rate in sales (%)Year2012201320142015201620120.4100.00.361.0116.6Sustainable Growth Rate%%%%%20135.0100.00.411.0516.120144.6100.00.461.0813.620158.6100.00.511.1330.12016Source: Data from Nobility Homes 2012 to 2016 annual reportsa. Calculate Nobility Homes' annual sustainable growth rate for the years 2012 through 2016.Note: Round your answers to 1 decimal place.16.6100.00.561.2121.6

Name: Nobility Homes, Incorporated, is a small maker of manufactured homes
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Description: Nobility Homes, Incorporated, is a small maker of manufactured homes sold throughout the state of Florida. The following are selectedfinancial data for the company for the period 2012-2016.Profit margin (%)Retention ratio (%)Asset turnover (X)Financ

Sustainable growth rate is the amount of growth that can be maintained without any further…

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Nobility Homes, Incorporated, is a small maker of manufactured homes sold throughout the state of Flor financial data for the company for the period 2012-2016. Profit margin (%) Retention ratio (%) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) 2012 Year 2012 2013 2014 0.4 100.0 0.36 1.01 16.6 Sustainable Growth Rate % % % 2013 Source: Data from Nobility Homes 2012 to 2016 annual reports 5.0 100.0 0.41 1.05 16.1 2014 4.6 100.0 0.46 1.08 13.6 2015 8.6 100.0 0.51 1.13 30.1 2016 a. Calculate Nobility Homes' annual sustainable growth rate for the years 2012 through 2016. Note: Round your answers to 1 decimal place. 16.6 100.0 0.56 1.21 21.6

Nobility Homes, Incorporated, is a small maker of manufactured homes sold throughout the state of Flor financial data for the company for the period 2012-2016. Profit margin (%) Retention ratio (%) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) 2012 Year 2012 2013 2014 0.4 100.0 0.36 1.01 16.6 Sustainable Growth Rate % % % 2013 Source: Data from Nobility Homes 2012 to 2016 annual reports 5.0 100.0 0.41 1.05 16.1 2014 4.6 100.0 0.46 1.08 13.6 2015 8.6 100.0 0.51 1.13 30.1 2016 a. Calculate Nobility Homes' annual sustainable growth rate for the years 2012 through 2016. Note: Round your answers to 1 decimal place. 16.6 100.0 0.56 1.21 21.6

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

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discuss the results of the Company's Horizontal and Vertical Analysis from 2014-2018
I. Complete the horizontal analysis below. Use the name of the company you belong to in your iLS Activity. Round off your answers to the nearest hundredths. Name: Income Statement for the years ending December 31, 201X and December 31, 201Y 2015 2016 Annual Percentage Growth 2015-2016 Sales 475,000 500,000 1. Cost of Goods Sold 265,000 269,000 2. Gross Profit 210,000 231,000 3. Wages 154,000 163,000 4. Repairs 5,800 4,150 5. Rent 13,000 12,000 6. Taxes 16,940 17,930 7. Office Expenses 1,023 587 8. Total Expenses 190,763 197,667 9. Net Income 19,237 33,333 10. II. Analyze the following ratios (Good/Not good, Undervalued/Overvalued, or just OK) based on the given industry averages. Write the answers in the spaces provided. Ratios Annual Data Industry Average Interpretation Current 5.7 4 Days Sales Outstanding 37 days 42 days Total Debt to Total Capital 47.80% 32.60% Times-Interest Earned 2.2 6 Profit Margin 6.10% 6.00% Return on Invested Capital 10.03% 10.00% Enterprise Value to EBITDA…
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Sales SOLVE IT ON MS EXCEL or GOOGLE SPREADSHEET (please send the file) Ziegen, Inc. Income Statement for 2013 Make a Proforma Income Statement and ProForma Balance Sheet using the Financial Planning attached. Use 15% as the Sales Growth Rate of the 2013 base year, all other data remain the same. Net Income Ziegen, Inc. Balance Sheet for 2013 Current assets Net fixed assets Total Total Accounts payable Accrued expenses Notes payable Current liabilities Long-term debt Total liabilities Common stock (par) Paid-in capital Retained earnings Common equity $10,000,000 $ 500,000 $ 2,000,000 4,000,000 $ 6,000,000 $ 1,000,000 1,000,000 500,000 $ 2,500,000 2,000,000 $ 4,500,000 100,000 200,000 1,200,000 $ 1,500,000 $6,000,000 Calculation $.5m/$10m = Calculation $2m/$10m = $4m/$10m = $1m/$10m = $1m/$10m = Ziegen, Inc. Pro Forma Income % of 2013 Sales Statement for 2014 5.0% % of 2013 Sales 20.0% 40.0% 10.0% 10.0% NAª NA NA" NA" Calculation 20% Sales growth rate = Sales Net Income Ziegen, Inc. Pro…
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ABC Inc. is a Corporation with a focus on Garment and textile manufacturing in the UAE. They are now looking to finance their new project, are looking for a bank to give them a loan. Calculate the following ratios for both 2018 and 2019, interpret and analyze them: Days Sales in Inventory Average Collection Period
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