The balance sheet and income statement shown below (in the picture) for Zenzo Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years and the notes payable will be rolled over. Based on the balance sheet, find: 1. Dividends per share 2. EPS 3. PIE ratio

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
icon
Related questions
Question
The balance sheet and income statement shown below (in the picture) for Zenzo Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years and the notes payable will be rolled over. Based on the balance sheet, find: 1. Dividends per share 2. EPS 3. PIE ratio
Balance sheet (mi llions of $2
Assets
Cash and securities
Accounts receivable
Inventories
Total current assets
Net plant and equipment
Totai Assets
2500
11500
16000
30 000
20 000
50 000
Liabilities and equity
ACounts payable
ACcruals
9500
55 00
7000
Notes payable
Total current liabilities
२२०००
Long term bonds
Totål lrabilities
15000
37 000
2000
Common stock
Refained earnings
Total common equity
To tal liabilitier and equity
// 000
13000
50 000
Income stafement (milons op $)
87500
8/813
Net SQles
Operating cotts except depreciation
bepreciation
Eamings bef interest and faxes (EBIT) 4156
Less interest
Earnings before tax er CEBT)
paxes
Net income
1531
1375
2781
973
I 808
0ther data
S hares outstanding Cnillions )
COMmon diridends
Int.rate on notes paya ble 4d-7 bonds
Pederal plus state income tax rate
Year end stoch price
500
632.73
6.25 1.
35 /.
43.39
Transcribed Image Text:Balance sheet (mi llions of $2 Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Totai Assets 2500 11500 16000 30 000 20 000 50 000 Liabilities and equity ACounts payable ACcruals 9500 55 00 7000 Notes payable Total current liabilities २२००० Long term bonds Totål lrabilities 15000 37 000 2000 Common stock Refained earnings Total common equity To tal liabilitier and equity // 000 13000 50 000 Income stafement (milons op $) 87500 8/813 Net SQles Operating cotts except depreciation bepreciation Eamings bef interest and faxes (EBIT) 4156 Less interest Earnings before tax er CEBT) paxes Net income 1531 1375 2781 973 I 808 0ther data S hares outstanding Cnillions ) COMmon diridends Int.rate on notes paya ble 4d-7 bonds Pederal plus state income tax rate Year end stoch price 500 632.73 6.25 1. 35 /. 43.39
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Balance Sheet Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
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…
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