Stryker Corporation is a leading medical technology company headquartered in Kalamazoo, Michigan, that trades on the New YorStock Exchange. Following are selected financial data for Stryker for the period 2009 to 2013.Profit margin (%)Retention ratio (X)Asset turnover (X)Financial leverage (X)Growth rate in sales (%)Year20092010201120122013Bustainable Growth Rate%%2009%%15.981.78.701.70.9Source: Data from Stryker 2009 to 2013 annual reports.Calculate Stryker's annual sustainable growth rate from 2009 through 2013.Note: Round your answers to 1 decimal place.201016.980.60.701.787.9201115.978.90.791.7012.6201214.774.78.701.703.4201318.959.90.601.803.9

Sustainable growth rate is a growth rate which can be sustained without any external funding…

tryker Corporation is a leading medical technology company headquartered in Kalamazoo, Michigan, that trades on the N Stock Exchange. Following are selected financial data for Stryker for the period 2009 to 2013. Year 2009 2010 2011 2009 15.9 81.7 0.70 1.70 .9 Profit margin (X) Retention ratio (%) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) Source: Data from Stryker 2009 to 2013 annual reports. Calculate Stryker's annual sustainable growth rate from 2009 through 2013. Note: Round your answers to 1 decimal place. Bustainable Growth Rate 2010 16.9 80.6 0.70 1.78 7.9 2011 15.9 78.9 0.70 1.70 12.6 2012 14.7 74.7 0.70 1.70 3.4 2013 18.9 59.9 0.60 1.80 3.9

tryker Corporation is a leading medical technology company headquartered in Kalamazoo, Michigan, that trades on the N Stock Exchange. Following are selected financial data for Stryker for the period 2009 to 2013. Year 2009 2010 2011 2009 15.9 81.7 0.70 1.70 .9 Profit margin (X) Retention ratio (%) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) Source: Data from Stryker 2009 to 2013 annual reports. Calculate Stryker's annual sustainable growth rate from 2009 through 2013. Note: Round your answers to 1 decimal place. Bustainable Growth Rate 2010 16.9 80.6 0.70 1.78 7.9 2011 15.9 78.9 0.70 1.70 12.6 2012 14.7 74.7 0.70 1.70 3.4 2013 18.9 59.9 0.60 1.80 3.9

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

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An analyst is evaluating the profi tability of Daimler AG (Xetra: DAI) over a recentfi ve-year period. He gathers the following revenue data and calculates the followingprofi tability ratios from information in Daimler’s annual reports:2009 2008 2007 2006 2005Revenues (€ millions) 78,924 98,469 101,569 99,222 95,209Gross profi t margin 16.92% 21.89% 23.62% 20.60% 19.48%Operating profi t (EBIT) margin a–1.92% 2.77% 8.58% 5.03% 3.02%Pretax margin –2.91% 2.84% 9.04% 4.94% 2.55%Net profi t margin –3.35% 1.73% 4.78% 3.19% 2.37%aEBIT (Earnings before interest and taxes) is the operating profi t metric used by Daimler.Daimler’s revenue declined from 2007 to 2008 and from 2008 to 2009. Further,Daimler’s 2009 revenues were the lowest of the fi ve years. Management’s discussion ofthe decline in revenue and EBIT in the 2009 Annual Report notes the following:Th e main reason for the decline [in EBIT] was a signifi cant drop in revenuedue to markedly lower unit sales in all vehicle segments as a…
Find online the annual 10-K report for Costco Wholesale Corporation (COST) for fiscal year 2015 (filed in October 2015). a. Compute Costco's net profit margin, total asset turnover, and equity multiplier. b. Verify the DuPont Identity for Costco's ROE. c. If Costco's managers wanted to increase its ROE by 1 percentage point, how much higher would their asset turnover need to be? a. Compute Costco's net profit margin, total asset turnover, and equity multiplier. The net profit margin is %. (Round to two decimal places.) The total asset turnover is (Round to two decimal places.) The equity multiplier is (Round to two decimal places.) b. Verify the DuPont Identity forCostco's ROE. The ROE is %. (Round to two decimal places.) c. If Costco's managers wanted to increase its ROE by 1 percentage point, how much higher would their asset turnover need to be? The total assets turnover should be (Round to two decimal places.) The total asset turnover should be % (Round to two decimal places and…
Nobility Homes, Incorporated, is a small maker of manufactured homes sold throughout the state of Florida. The following are selected financial data for the company for the period 2012-2016. Year 2012 2013 2014 2015 2016 2012 % 2013 0.4 100.0 0.44 1.09 17.4 Profit margin (8) Retention ratio (8) Asset turnover (X) Financial leverage (X) Growth rate in sales (t) Source: Data from Nobility Homes 2012 to 2016 annual reports a. Calculate Nobility Homes' annual sustainable growth rate for the years 2012 through 2016. Note: Round your answers to 1 decimal place. Sustainable Growth Rate % % % 6.7 % 2014 5.0 100.0 0.49 1.13 16.9 2015 5.4 100.0 0.54 1.16 14.4 9.4 100.0 0.59 2016 1.21 30.9 17.4 100.0 0.64 1.29 22.4
Hasbro, Incorporated, sells toys and games in over 120 countries, including popular brands such as Nerf and Play-Doh. The following are selected financial data for the company for the period 2012 to 2016. Profit margin (%) Retention ratio (%) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) Source: Data from Hasbro 2012 to 2016 annual reports Year 2012 2013 2014 2015 2016 2012 Sustainable Growth Rate % % % % % 8.7 33.2 1.02 3.17 (5.2) 2013 7.7 46.2 0.97 2.97 (3.2) 2014 Calculate Hasbro's annual sustainable growth rate from 2012 through 2016. Note: Round your answers to 1 decimal place. 10.2 48.2 0.98 2.72 5.2 2015 11.2 57.0 0.98 3.27 4.7 2016 12.2 55.2 1.03 3.17 13.2
Examine the selected data over the 5-year period as shown in the table below for Dumbledore Ltd. Item Sales Cost of sales EBIT Interest NPAT Current assets Total assets current liabilities Total liabilities Equity Gross margin Interest coverage Current ratio 2021 $m 286.41 180.03 51.18 37.07 35.13 43.85 226.18 55.99 98.99 127.19 0.37 1.38 0.78 Year 2020 $m 280.80 166.69 51.08 33.70 35.10 43.20 221.75 53.58 91.66 130.09 0.41 1.52 0.81 2019 $m 275.29 154.35 50.98 30.64 35.06 42.56 217.40 51.27 84.87 132.53 0.44 1.66 0.89 2018 $m 269.89 142.91 50.88 27.85 35.03 41.93 213.13 49.06 78.58 134.56 0.47 1.83 U.OJ 2017 $m 264.60 134.19 49.88 25.32 34.51 41.31 206.93 47.40 74.48 132.44 0.49 1.97 0.87 2016 $m 252.00 126.00 48.90 24.00 34.00 40.70 200.90 45.80 70.60 130.30 0.50 2.04 0.89
Under Armour, Incorporated is an American supplier of sportswear and casual apparel. Following are selected financial data for the company for the period 2009 to 2013. Profit margin (%) Retention ratio (%) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) Year 2009 2010 2011 2012 2013 2009 5.4 100.0 1.5 1.6 19.9 Sustainable Growth Rate % % % % % 2010 6.3 100.0 1.5 1.6 26.0 2011 6.5 100.0 1.5 1.8 40.2 2012 6.9 100.0 1.5 1.7 26.4 a. Calculate Under Armour's annual sustainable growth rate for the years 2009 through 2013. Note: Round your answers to 1 decimal place. 2013 6.9 100.0 1.4 1.8 28.9
Million Dream Trading has reported the following from its business operation from period 2007 through 2018: a. Sales (32.067, 35,422. 70,881, 95,519, 122,128, 165,654, 188,793, 232,834, 263,159, 273,046, 269,693, 294,619) b. Expenses (28,320, 31,490, 69, 371, 84, 747, 105,310, 144,175, 164,799, 198,966, 224,105, 236,388, 240,171, 261,738) c. Other Income (534, 849, 1,039, 2,103, 660, 662, 816, 829, 899, (932), 1,937, 4,509) d. Interest (465, 913, 2,171, 2,465, 2,385, 2,982, 3,560, 4,749, 4,861, 4,889, 4,283, 4,682) e. Prevailing tax rate is 28.23% (round off amount) Prepare the following: {1. Individual P & L using multiple worksheets. 2. Consolidated P & L for the period 2007 - 2018.
Adenta Ltd (Adenta) assembles telecommunication equipment and sells to wholesalers and retailers. The following ratios relate to the average figures for Adenta’s industry for the year ended 31 December, 2018: Return on capital employed 20.10% Gross profit margin 32% Net profit (before tax) margin 12.50% Current ratio 1.6:1 Acid-test ratio 0.9:1 Inventory turnover period 46 days Trade receivable collection period 45 days Debt-to-equity ratio 40% Dividen yield 6% Dividendcover 3 times Adenta’s financial statements for the year to 31 December, 2018 are set out below: Statement of Profit or Loss for the year ended 31 December, 2018 Sales 48,500 Cost of…
Given the income statement below, Mega Trade Inc. wants to find the resulting net income for the year 2018 (in million). What is the right amount? Income Statement ($ Million) Year End 2015 2016 2017 2018 Sales 1,234.90 1,251.70 1,300.40 1,334.40 Cost of Sales -679.1 -659 -681.3 -667 Selling & Administration -339.7 -348.6 -351.2 -373.3 Depreciation -47.5 -52 -55.9 -75.2 Other Income/Expenses 11.8 7.6 7 8.2 Interest Income 1.3 1.4 1.7 2 Interest Expense -16.2 -15.1 -20.5 -23.7 Income Taxes -56.8 -64.2 -67.5 -72.6 Dividends -38.3 -38.7 -39.8 -40.1 CHOICES: A. 108.7B. 132.7C. No choice givenD. 132.8E. 121.8
Million Dream Trading has reported the following from its business operation from period 2007 through 2018: a. Sales (32,067, 35,422, 70,881, 95,519, 122,128, 165,654, 188,793, 232,834, 263,159, 273,046, 269,693, 294,619) b. Expenses (28,320, 31,490, 69, 371, 84, 747, 105,310, 144,175, 164,799, 198,966, 224,105, 236,388, 240,171, 261,738) c. Other Income (534, 849, 1,039, 2,103, 660, 662, 816, 829, 899, (932), 1,937, 4,509) d. Interest (465, 913, 2,171, 2,465, 2,385, 2,982, 3,560, 4,749, 4,861, 4,889, 4,283, 4,682) e. Prevailing tax rate is 28.23% (round off amount) Prepare the following: Individual P & L using multiple worksheets. Consolidated P & L for the period 2007 - 2018. Presentation layers Put in the excel format or image
Nobility Homes, Incorporated, is a small maker of manufactured homes sold throughout the state of Florida. The following are selected financial data for the company for the period 2012-2016. Profit margin (%) Retention ratio (%) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) Year 2012 2013 2014 2015 2016 2012 0.4 100.0 0.36 1.01 16.6 Sustainable Growth Rate % % % % % 2013 5.0 100.0 0.41 1.05 16.1 2014 4.6 100.0 0.46 1.08 13.6 2015 8.6 100.0 0.51 1.13 30.1 2016 Source: Data from Nobility Homes 2012 to 2016 annual reports a. Calculate Nobility Homes' annual sustainable growth rate for the years 2012 through 2016. Note: Round your answers to 1 decimal place. 16.6 100.0 0.56 1.21 21.6
Muscat Industrial Company has the following data which is extracting from its financial statements at the beginning 2020. Calculate the following ratios : Total Asset Turnover (TAT). Debt Ratio (DR%). Net Profit Margin 10% Sales 2500 thousand (OMR) Financial Leverage Multiplier 1.5 Times Return on Asset (ROA) 8 %

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