None The 2007 annual report for Anglo American PLC,the world's leading global mining company, showsthat the firm had $34.042 billion in non-currentassets and $9.962 billion in current assets. Itreported $11.480 billion in current liabilities and$8.665 billion in non-current liabilities. How muchwas the equity of Anglo American PLC worth?

Step 1: Define Total EquityWe can determine the total stockholders equity using the balance sheet…

Answered: The 2007 annual report for Anglo…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 4P

See similar textbooks

Similar questions

How much was the equity of Anglo American PLC worth ? General accounting
financial accounting
How much was the equity of zenith mining corp worth ?
If you give me wrong answer, I will give you unhelpful rate
Office Depot, Inc. is one of the largest suppliers of office products in the United States. Suppose it had net income of $738.7 million and sales of $50,000 million in 2020 Its total assets were $13,073.1 million at the beginning of the year and $13,717.3 million at the end of the year. What is Office Depot, Inc.’s (a) asset turnover and (b) profit margin? (Round to two decimals.) Provide a brief interpretation of your results.
Rahul
Reynolds Construction's value of operations is $733 million based on the corporate valuation model. Its balance sheet shows $70 million of short-term investments that are unrelated to operations, $110 million of accounts payable, $145 million of notes payable, $176 million of long-term debt, $50 million of common stock (par plus paid-in-capital), and $170 million of retained earnings. What is the best estimate for the firm's value of equity, in millions? (Enter your answer as a whole number in millions. For example, if you get 33 million as the answer, enter: 33.)
Use the following data to compute each firm's net profit margin, total asset turnover, equity multiplier, and return on equity. (Note: The following dollar values are expressed in millions of U.S. dollars.) Common Equity $8,700 $10,636 $1,563 $28,141 B $5,641 $2,431 $18,158 $180 C $28,199 $10,669 $9,516 $1,496 Firm A Total Assets Net Sales Income Net Profit Margin 14.70% 0.99% Total Asset Turnover 3.22x 0.34x Referring to this data, which of the following conclusions is true about the companies' ROES? Equity Multiplier 3.23 2.64 Return on Equity Firm A's equity multiplier indicates that it has the lowest debt ratio of the three firms. Compared to firms B and C, company A's exceptional ROE performance appears to result from its superior efficiency in using its asset base and its heavily leveraged capital structure. Compared to firms B and C, company A does the best job of containing its costs and managing its tax obligations. Compared to companies A and C, company B uses more financial…
McDonald’s Corporation reports total average assets of $28.9 billion and net sales of $20.5 billion.What is the company’s asset turnover? (Round answer to 2 decimal places, e.g. 15.25.)
What are the annual sales for a firm with $116,044 in total liabilities, a total debt ratio of 0.48, and an asset turnover of 4.75?
CalcTech has $1.3M in current assets and $550,000 in fixed assets less $200,000 in accumulated depreciation. The firm’s current liabilities total $180,000, and the long-term liabilities $205,000. (a) What is the firm’s equity? (b) If the firm’s stock and capital surplus total $202,000, what is the value for retained earnings?
A firm has the following accounts; sales = $1,190,000, cost of goods sold = $876,000, depreciation expense = $130,000, addition to retained earnings = $43,000. The firm's dividends per share = $1.05, tax rate = 21%, and number of shares outstanding = 19,000. What is the firm's times interest earned ratio? O 1.76 1.52 11.41 O 1.42

SEE MORE QUESTIONS

Recommended textbooks for you

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

SEE MORE TEXTBOOKS