Profitability ratios. Reading material see chapter 3 and Profitability measures chapter 11. The table here showsinformation pertaining to the financial year that ended on 31.12.2023. Amounts in €: Income (net sales) 400, 000 Profit (net income) 60,000 Average asset balance 1,000,000 Average balance of equity 600,000 Dividend paid per share 2.40Earnings per share (EPS) 6.00 Exchange rate (value) per share at the end of the year 96.00 a) Calculate the profit ratio,turnover rate of assets and return on total assets for the year, i. e. ROI (also use DuPont Model) b) Calculate the returnon equity for the year (ROE) c) Calculate the P/E ratio for the year d) Calculate the payout ratio for the year e) Calculatethe dividend yield

The objective of the question is to calculate various financial ratios using the given financial…

Answered: Profitability ratios. Reading material…

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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Net sales Cost of goods sold Gross profit Expenses (including $11,700 interest and $29,700 income taxes) Net income Additional information: 1. METLOCK, INC. Income Statement For the Year Ended December 31, 2022 2. 3. $449,500 211,500 238,000 78,800 $ 159,200 Common stock outstanding January 1, 2022, was 22,400 shares, and 37,300 shares were outstanding at December 31, 2022. (Use a simple average for weighted-average.) The market price of Metlock stock was $13 on December 31, 2022. Cash dividends of $22,600 were declared and paid.
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Total debt to total assets% ratio: ?? Round your answer to the nearest hundredth percent Return on equity% ratio: ?? Round your answer to the nearest hundredth percent Asset turnover ratio: ?? Round your answer to the nearest cent
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Market price per share of stock=$50.00. Net income=$4.5 billion. Number of shares=2.25 billion. What is the EPS (earnings per share) and price/earnings ratio?
SW Company provides the Equity & Liability information below for analysis. SW Company had net income of $365,700 in 2023 and $335,800 in 2022 Equity and Liabilities share capital-connen (137, 700 shares issued) Retained earnings (ote 1) Accrued liabilities sotes payable (current) Accounts payable Total egrity and liabilities Return on equity Note 1 Cash dividends were paid at the rate of $1 per share in 2022 and 52 per shore in 2023 Required: 1. Calculate the return on common there equity for 2022 and 2023. (Assurne total equity was $1,454,000 at December 31, 2021) (Round your answers to 1 decimal piace) 2022 23.4 $1,417,500 $1,417,500 417,700 10,300 22,700 59,500 2023 225 111,300 6,500 65,500 179,000 $1,937,700 $1,979,200 2. Calculate the book value per shares for 2022 and 2023 (Round your answers to 2 decimal places) 2022 XX S1254 S 13.31
The following income statement and balance sheets for Virtual Gaming Systems are provided. VIRTUAL GAMING SYSTEMS Income Statement For the year ended December 31, 2021 Net sales Cost of goods sold Gross profit Expenses: Operating expenses. Depreciation expense Loss on sale of land Interest expense Income tax expense Total expenses Net income Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investment in bonds $852,000 27,000 7,400 12,000 42,000 $3,006,000 1,944,000 1,062,000 940, 400 $ 121,600 VIRTUAL GAMING SYSTEMS Land Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable. Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Balance Sheets December 31 2021 $180,000 75,000 99,000 11,400 99,000 204,000 264,000 (63,000) $869,400 $ 60,000 4,800 12,000 279,000 294,000 219,600 2020 $138,000 54,000 129,000…
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Consider the following partial income statements and balance sheets for Lillard Corp. For the year ended December 31, Net income Less income attributable to noncontrolling 5,700 interests Net income attributable to Lillard Corp. 100,400 107,300 Lillard Corp. shareholders' equity Noncontrolling interests Total equity What is Lillard's return on equity for 2024? 11.7% O 11.5% 12.3% 11.9% 2024 2023 108,000 113,000 11.1% 7,600 Dec. 31, 2024 Dec. 31, 2023 861,000 888,000 32,400 30,600 893,400 918,600

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