FINANCIAL ACCOUNTING ACCT 2301 >IC<
FINANCIAL ACCOUNTING ACCT 2301 >IC<
5th Edition
ISBN: 9781259690457
Author: Wild
Publisher: MCGRAW-HILL CUSTOM PUBLISHING
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Chapter 13, Problem 2BTN

1)

To determine

Compute common-size percent for each of the companies using the data provided.

2)

To determine

Identify the Company that retains a higher portion of cumulative net income in the company. 

3.

To determine

Identify the company that is having higher gross margin ratio on sales.

4.

To determine

Identify the company that holds a higher percent of its total assets as inventory.

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FeatherSky Ltd. has a balance sheet equity of $7.1 million. At the same time, the income statement shows a net income of $1,120,000. The company has 175,000 shares of stock outstanding. If the benchmark PE ratio is 25, what is the target stock price in one year?
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