Help me The following information pertains to Concord Company. Assume that all balance sheet amountsrepresent both average and ending balance figures. Assume that all sales were on credit.Assets:Cash and short-term investmentsAccounts receivable (net)Inventory17,000$38,00030,000Property, plant, and equipment215,000Total Assets $300,000Liabilities and Stockholders' Equity:Current liabilitiesLong-term liabilities$58,00091,000Stockholders' equity-common 151,000Total Liabilities and Stockholders' EquityIncome Statement:Sales revenue $80,000Cost of goods sold 47,000Gross margin 33,000Operating expenses 19,000Net income $14,000Number of shares of common stock 4,000Market price of common stock $21Dividends per share on common stock 0.90Cash provided by operations $27,000$300,000What is the price-earnings ratio for this company? The EPS (earnings per share) of Dominica Inc. isRs. 120. If the average Price-Earnings ratio of comparable firms is 39.2, estimate the value ofDominica's share.

Concord's price-earnings ratioRelevant formulas:Price-to-earnings (P/E) ratio = Market price per…

Answered: The following information pertains to…

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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Find the following using the data bellow Accounts receivable = 111,100,000 Current assets = 316,500,000 Total assets = 600,000,000 A. Return on assets B. Common equity C .Quick ratio
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The following information pertains to Dallas Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Assets Line Item Description Amount Cash and short-term investments $35,940 Accounts receivable (net) 27,501 Inventory 32,905 Property, plant, and equipment 244,703 Total assets $341,049 Liabilities and Stockholders’ Equity Line Item Description Amount Current liabilities $66,328 Long-term liabilities 99,677 Common stock, $20 par 101,260 Retained earnings 73,784 Total liabilities and stockholders' equity $341,049 Income Statement Line Item Description Amount Sales $88,038 Cost of goods sold (39,617) Gross profit $48,421 Operating expenses (29,760) Net income $18,661 Line Item Description Amount Shares of common stock 5,063 Market price per share of common stock $20 Dividends per share $1.00 Cash provided by operations $40,000 What is the…

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