Homework Help is Here – Start Your Trial Now!
Business
Finance
Times Interest Earned 2. Inventory Turnover 3. Return on Equity (ROE) 4. Market-to-Book Ratio

Times Interest Earned 2. Inventory Turnover 3. Return on Equity (ROE) 4. Market-to-Book Ratio

Essentials Of Investments
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
See similar textbooks
icon
Related questions
Question

1. Times Interest Earned

2. Inventory Turnover

3. Return on Equity (ROE)

4. Market-to-Book Ratio

2020 2019 Assets Current Assets: Cash and Cash Equivalents $380,626 $349,953 Accounts Receivable, net $80,545 $62,312 Inventory $30,096 $21,555 Prepaid Expenses and other current assets $57,076 $54,129 Total Current Assets $548,343 $914,794 Property and Equipment $1,458,690 $1,379,254 Operating Lease Assets $2,800,222 $1,258,293 Other Assets $18,450 $19,332 Goodwill $21,939 $21,939 Total Assets $4,847,644 $3,166,767 Liabilities and Shareholders' Equity Current Liabilities: Accounts Payable $115,816 $113,071 Accrued Liabilities $155,843 $147,849 Current Operating Lease Liabilities $200,139 $146,938 Current Portion of Debt $228,784 $261,593 Total Current Liabilities $700,582 $669,451 Long Term Operating Lease Liabilities $856,371 $698,562 Long Term Debt $331,298 $314,015 Deferred Income Tax Liabilities $37,814 $11,566 Other Liabilities $38,797 $31,638 Total Liabilities $1,964,862 $1,725,232
Transcribed Image Text:2020 2019 Assets Current Assets: Cash and Cash Equivalents $380,626 $349,953 Accounts Receivable, net $80,545 $62,312 Inventory $30,096 $21,555 Prepaid Expenses and other current assets $57,076 $54,129 Total Current Assets $548,343 $914,794 Property and Equipment $1,458,690 $1,379,254 Operating Lease Assets $2,800,222 $1,258,293 Other Assets $18,450 $19,332 Goodwill $21,939 $21,939 Total Assets $4,847,644 $3,166,767 Liabilities and Shareholders' Equity Current Liabilities: Accounts Payable $115,816 $113,071 Accrued Liabilities $155,843 $147,849 Current Operating Lease Liabilities $200,139 $146,938 Current Portion of Debt $228,784 $261,593 Total Current Liabilities $700,582 $669,451 Long Term Operating Lease Liabilities $856,371 $698,562 Long Term Debt $331,298 $314,015 Deferred Income Tax Liabilities $37,814 $11,566 Other Liabilities $38,797 $31,638 Total Liabilities $1,964,862 $1,725,232
Stockholders' Equity Additional Paid-In Capital $1,465,697 $974,154 Accumulated Other Comprehensive Loss ($5,363) ($6,236) Retained Earnings $721,148 $473,617 Total Shareholders' Equity $2,181,482 $1,441,535 Total Liabilities and Shareholders' Equity $4,146,344 $3,166,767 Company A Consolidated Income Statement (in thousands) December 31st 2020 2019 2018 Revenue $5,586,369 $4,864,985 $4,476,412 Costs and Expenses: Cost of Sales $4,444,879 $3,953,993 $3,720,196 General Administrative Expenses $474,646 $442,099 $309,733 Depreciation $212,778 $201,979 $163,348 Pre-opening costs $11,108 $8,546 $12,341 Total Operating Expenses $5,143,411 $4,606,617 $4,205,618 Income from Operations $442,958 $258,368 $270,794 Interest Expense ($15,327) ($10,068) ($4,949) Income before Income Taxes $427,631 $248,300 $265,845 Provision for Income Taxes ($108,127) ($91,883) ($99,490) Net Income $319,504 $156,417 $166,355 Assume Market Cap (Value) for Company A is $39,064,500,000
Transcribed Image Text:Stockholders' Equity Additional Paid-In Capital $1,465,697 $974,154 Accumulated Other Comprehensive Loss ($5,363) ($6,236) Retained Earnings $721,148 $473,617 Total Shareholders' Equity $2,181,482 $1,441,535 Total Liabilities and Shareholders' Equity $4,146,344 $3,166,767 Company A Consolidated Income Statement (in thousands) December 31st 2020 2019 2018 Revenue $5,586,369 $4,864,985 $4,476,412 Costs and Expenses: Cost of Sales $4,444,879 $3,953,993 $3,720,196 General Administrative Expenses $474,646 $442,099 $309,733 Depreciation $212,778 $201,979 $163,348 Pre-opening costs $11,108 $8,546 $12,341 Total Operating Expenses $5,143,411 $4,606,617 $4,205,618 Income from Operations $442,958 $258,368 $270,794 Interest Expense ($15,327) ($10,068) ($4,949) Income before Income Taxes $427,631 $248,300 $265,845 Provision for Income Taxes ($108,127) ($91,883) ($99,490) Net Income $319,504 $156,417 $166,355 Assume Market Cap (Value) for Company A is $39,064,500,000
Expert Solution
steps

Step by step

Solved in 5 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar 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
SEE MORE TEXTBOOKS