You are given the following information for Smashville, Inc. Cost of goods sold: Investment income: Net sales: Operating expense: Interest expense: Dividends: Tax rate: Current liabilities: Cash: Long-term debt: Other assets: Fixed assets: Other liabilities: Investments: Operating assets: $200,000 $2,700 Price-book ratio Price-earnings ratio Price-cash flow ratio $333,000 $47,000 $7,400 $16,000 21% $26,000 $21,000 $21,000 $43,000 $159,000 $5,000 $47,000 $39,000 During the year, Smashville, Inc., had 17,000 shares of stock outstanding and depreciation expense of $19,000. At the end of the year, Smashville stock sold for $56 per share. Calculate the price-book ratio, price-earnings ratio, and price-cash flow ratio. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
You are given the following information for Smashville, Inc. Cost of goods sold: Investment income: Net sales: Operating expense: Interest expense: Dividends: Tax rate: Current liabilities: Cash: Long-term debt: Other assets: Fixed assets: Other liabilities: Investments: Operating assets: $200,000 $2,700 Price-book ratio Price-earnings ratio Price-cash flow ratio $333,000 $47,000 $7,400 $16,000 21% $26,000 $21,000 $21,000 $43,000 $159,000 $5,000 $47,000 $39,000 During the year, Smashville, Inc., had 17,000 shares of stock outstanding and depreciation expense of $19,000. At the end of the year, Smashville stock sold for $56 per share. Calculate the price-book ratio, price-earnings ratio, and price-cash flow ratio. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
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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Transcribed Image Text:You are given the following information for Smashville, Inc.
Cost of goods sold:
Investment income:
Net sales:
Operating expense:
Interest expense:
Dividends:
Tax rate:
Current liabilities:
Cash:
Long-term debt:
Other assets:
Fixed assets:
Other liabilities:
Investments:
Operating assets:
$200,000
$2,700
Price-book ratio
Price-earnings ratio
Price-cash flow ratio
$333,000
$47,000
$7,400
$16,000
21%
$26,000
$21,000
$21,000
$43,000
$159,000
$5,000
$47,000
$39,000
During the year, Smashville, Inc., had 17,000 shares of stock outstanding and depreciation expense of $19,000. At the end of the year,
Smashville stock sold for $56 per share. Calculate the price-book ratio, price-earnings ratio, and price-cash flow ratio. (Do not round
intermediate calculations. Round your answers to 2 decimal places.)
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