Use the following information in the table below to answer the question: Blanc Blanc Financial Year ending 2018 2019 Market Price $33.17 $36.08 Total shares outstanding 5,000,000 5,000,000 Total shareholders' equity $63,000,000.00 $68,500,000.00 Net Income $6,940,402.49 $7,393,972.75 Based on the information given the Accounting Return on Equity for Blanc in 2019 is closest to: O A. 7.60% O B. 11.25%

Use the following information in the table below to answer the question: Blanc Blanc Financial Year ending 2018 2019 Market Price $33.17 $36.08 Total shares outstanding 5,000,000 5,000,000 Total shareholders' equity $63,000,000.00 $68,500,000.00 Net Income $6,940,402.49 $7,393,972.75 Based on the information given the Accounting Return on Equity for Blanc in 2019 is closest to: O A. 7.60% O B. 11.25%

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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Excerpts from Andre Company's December 31, 2024 and 2023, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Current liabilities Interest-bearing debt Total stockholders' equity Net income What is the debt to equity ratio for 2024? Note: Round your answer to one decimal place. Multiple Choice 41.9% 41.7% 2024 2023 $ 44,000 $44,000 34,000 45,000 195,000 196,000 117,000 116,000 86,000 68,000 103,000 114,000 246,000 234,000 38,000 33,000
What was the change in Global's book value of equity from 2018 to 2019 According to Table 2.1 Does this imply that the market price of Global's shares increased in 2019? Explain. What was the change in Global's book value of equity from 2018 to 2019? Global's book value of equity changed by $enter your response here million from 2018 to 2019. (Round to one decimal place.)
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Bankruptcy Risk and Z-Score Analysis Following are selected ratios for Logitech International SA for the company's 2019 fiscal year. Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal places. in thousands (except price per share and shares outstanding) $1,350,436 EBIT $263,194 $509,651 Total liabilities $601,927 $1,979,709 165,862,887 Current assets Current liabilities Total assets Retained earnings Price per share $1,437,128 Sales revenue $1,365,036 Shares outstanding $39.34 Compute and interpret the Altman Z-score. Note: Convert shares outstanding to "in thousands" for your computation. Z-score Check 0

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