You have gathered this information on JJ Enterprises: 2014 2015 Sales $6.318 $7.202 COGS 3,945 4,460 Interest 303 277 Depreciation 1,204 1,196 Cash 672 418 Accounts receivables 601 578 Current liabilities 414 463 Inventory 1,215 1.598 Long-term debt 4,780 4,103 Net fixed assets 7.700 7.330 Shareholder's equity 4,994 5.358 Taxes 217 317 What is the operating cash flow for 2015? A) $1,823 B) $1,229 C) $1,367 ○ D) $2,425 OE) $1,766

You have gathered this information on JJ Enterprises: 2014 2015 Sales $6.318 $7.202 COGS 3,945 4,460 Interest 303 277 Depreciation 1,204 1,196 Cash 672 418 Accounts receivables 601 578 Current liabilities 414 463 Inventory 1,215 1.598 Long-term debt 4,780 4,103 Net fixed assets 7.700 7.330 Shareholder's equity 4,994 5.358 Taxes 217 317 What is the operating cash flow for 2015? A) $1,823 B) $1,229 C) $1,367 ○ D) $2,425 OE) $1,766

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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Dividends per ShareThe following financial data is from Hi-Tech Instruments' financial statements (thousands of dollars, except earnings per share.) 2016 Sales revenue $210,000 Cost of goods sold 125,000 Net income 8,800 Dividends 3,100 Earnings per share 4.40 Hi-Tech Instruments, Inc.Balance Sheet (Thousands of Dollars) Dec. 31, 2016 Dec. 31, 2015 Assets Cash $18,300 $18,000 Accounts receivable (net) 46,000 41,000 Inventory 39,500 43,700 Total current assets 103,800 102,700 Plant assets (net) 52,600 50,500 Other assets 15,600 13,800 Total assets $172,000 $167,000 Liabilities and Stockholders' Equity Notes payable-banks $6,000 $6,000 Accounts payable 22,500 18,700 Accrued liabilities 16,500 21,000 Total current liabilities 45,000 45,700 9% Bonds payable 40,000 40,000 Total liabilities 85,000 85,700 Common stock, $25 par value (2,000,000 shares) 50,000 50,000 Retained earnings 37,000 31,300 Total…
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Selected comparative statement data for Tyrone Company are presented below. All balance sheet data are as of December 31. _2017 2016_ Net sales…
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Central Bank has the following information (in $million). 2017 ($ million) 2018 ($ million) Revenue 780 890 Net income 240 375 Assets 22,450 27,850 Equity 2,250 2,980 Which of the following statements about Central Bank is CORRECT? Select one: a. From 2017 to 2018, its Return on Equity decreased, Return on Assets decreased, and Leverage Multiplier increased. b. From 2017 to 2018, its Return on Equity increased, Return on Assets increased, and Leverage Multiplier decreased. c. From 2017 to 2018, its Return on Equity increased, Return on Assets increased, and Leverage Multiplier increased. d. From 2017 to 2018, its Return on Equity increased, Return on Assets decreased, and Leverage Multiplier increased.
Intel Corporation reported the following in its 2016 financial statements (in millions): December 31, 2016 2015 Total assets $113,327 $101,459 Revenues 59,387 55,355 Research and development expenses 12,740 12,128 Net income 10,316 11,420 What is the common-size amount for Intel Corporation’s research and development expense for 2016? A. 17.4% B. 21.5% C. 11.2% D. 78.5% E. None of the above
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What is the sustainable growth rate for 2015? Narrow Falls Lumber 2015 Income Statement Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends Cash Accounts receivable Inventory Net fixed assets Total assets Select one: a. 10.91% b. 14.46% c. 15.54% d. 12.63% e. 13.97% $28,200 $848,600 542,800 147,400 $158,400 12,600 $145,800 51,800 $94.000 Narrow Falls Lumber Balance Sheets as of December 31, 2014 and 2015 2015 2014 $ 32,300 $ 26,900 74,700 72,300 99,500 97,800 707,100 705,000 $913.600 $902,000 Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earnings Total liabilities & owners' equity 2015 2014 $ 78,900 $ 79,200 40,000 354,500 50,000 295,600 170,000 175,000 319.100 253,300 $913.600 $902,000
Multiple Choice Problems: (For numbers 1 to 5) The financial statements of Merdana Trading Ltd. are given below: 2014 2013 2014 2013 Cash and Cash Equivalents 12,250 10,470 Total Assets 128,980 113,110 Receivables 9,065 8,055 Inventory 6,620 5,300 Total current liabilities 36,150 42,335 Prepaid Expenses 8,545 10,600 Long-term Liabilities 23,990 18,960 Total Curent Assets 36,480 34,425 Mercedes Aldana, Capital 68,840 51,815 Other Assets 92,500 78,685 Total Liabilities and Equity 128,980 113,110 2014 Sales 104,705 Cost of Sales 32,275 Gross Profit 69,430 Selling Expenses 35,325 Administrative Expenses 12,815 Operating Income 21,290 Interest Expense 1,050 Net Income 20,240 1. Horizontal analysis of 2014 Merdana's balance sheet would report a) Cash as 9.50% of total assets. b) 17% increase in Cash. c) 19% increase in Prepaid Expenses. d) All of the above 2. Vertical analysis of 2014 Merdana's balance sheet would report a) Cash as 9.50% of total assets. b) 17% increase in Prepaid Expenses.…
Windswept, Inc.2017 Income Statement($ in millions) Net sales $ 11,000 Cost of goods sold 8,200 Depreciation 395 Earnings before interest and taxes $ 2,405 Interest paid 110 Taxable income $ 2,295 Taxes 689 Net income $ 1,606 Windswept, Inc.2016 and 2017 Balance Sheets($ in millions) 2016 2017 2016 2017 Cash $ 420 $ 445 Accounts payable $ 2,060 $ 2,005 Accounts rec. 1,210 1,110 Long-term debt 1,120 1,580 Inventory 1,980 1,820 Common stock 3,460 3,190 Total $ 3,610 $ 3,375 Retained earnings 700 950 Net fixed assets 3,730 4,350 Total assets $ 7,340 $ 7,725 Total liab. & equity $ 7,340 $ 7,725 What were the total dividends paid for 2017?

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