Use Bird Industry's summary financial statements to answer the following questions. Bird Industries, Inc. Balance Sheets 2016 $1,000 5,000 6,500 10,000 8,000 (1.000) $29,500 Cash Accounts receivable Inventories Land Other fixed assets Accumulated depreciation Total assets Accounts payable Bonds Common stock Retained earnings Total debt and equity $3,200 4,000 17,000 5,300 $29,500 Sales Cost of goods sold Gross profit Operating expenses Depreciation EBIT Interest expense EBT Taxes Net Income 2017 $? 6,000 6,000 12,000 9,000 (1.600) Bird Industries, Inc. Income Statement S? $ 6,800 4,000 16,000 5.000 $2 $84,000 66,400 $17,600 (13,000) (600) $4,000 (500) $3,500 (1,500) $2.000 Use Bird's financial statements to determine the total amount of Bird Industries' common stock dividend for 2017.
Use Bird Industry's summary financial statements to answer the following questions. Bird Industries, Inc. Balance Sheets 2016 $1,000 5,000 6,500 10,000 8,000 (1.000) $29,500 Cash Accounts receivable Inventories Land Other fixed assets Accumulated depreciation Total assets Accounts payable Bonds Common stock Retained earnings Total debt and equity $3,200 4,000 17,000 5,300 $29,500 Sales Cost of goods sold Gross profit Operating expenses Depreciation EBIT Interest expense EBT Taxes Net Income 2017 $? 6,000 6,000 12,000 9,000 (1.600) Bird Industries, Inc. Income Statement S? $ 6,800 4,000 16,000 5.000 $2 $84,000 66,400 $17,600 (13,000) (600) $4,000 (500) $3,500 (1,500) $2.000 Use Bird's financial statements to determine the total amount of Bird Industries' common stock dividend for 2017.
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
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Financial Ratios
A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.
Return on Equity
The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.
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