Find BEP. Balance sheet (mi llions of $2AssetsCash and securitiesAccounts receivableInventoriesTotal current assetsNet plant and equipmentTotai Assets2500115001600030 00020 00050 000Liabilities and equity.Acounts payableACcruals950055 007000Notes payableTotal current liabilities२२०००Long term bondsTotål lrabilities1500037 0002000Common stockRefained earningsTotal common equityTo tal liabilitier and equity// 0001300050 000Income stafement (milons op $)875008/813Net SQlesOperating cotts except depreciationbepreciationEamings bef interest and faxes (EBIT) 4156Less interestEarnings before tax er CEBT)paxesNet income153113752781973I 80 80ther dataS hares outstanding Cnillions )Common diridendsInt.rate on notes paya ble 4 d-7 bondsPederal plus state income tax rateYear end stoch price5003२. ३6.25 7.35 /.43.39

Basic EPS = (Net income - preferred dividends) ÷ Total number of common shares outstanding during…

Balance sheet (mi llions of $) Assets Cash and securities Accounts receivable Inventories Total current assets Net plaat and equipment Totai Assets 2500 11500 16 000 30 000 20 000 50 000 Liabili ties and equity Accounts payable Accruais 9500 55 00 7000 २२००० Notes payable Total current liabilities Long term bon ds Totål lrabilities 15000 37 000 2000 Common stock Refained earnings Fotal common equity Total liabilitier and equity 13000 50 000 Income Statement Cmilions op $) Net sQles operating cotts except depreciation bepreciation Eamings bef interest and faxes (EBIT) Less interest Earnings before tax er CEBT) paxes Net income 87500 8/813 1531 4156 1375 2781 973 1808 0ther data S hares outstan ding Cmillions ) Common diridends int.rate on notes payable 4 d-7 bonds Pederal plus state income tax rate Year end stoch price 500 632.73 6.25%. 35 1. 43.39

Balance sheet (mi llions of $) Assets Cash and securities Accounts receivable Inventories Total current assets Net plaat and equipment Totai Assets 2500 11500 16 000 30 000 20 000 50 000 Liabili ties and equity Accounts payable Accruais 9500 55 00 7000 २२००० Notes payable Total current liabilities Long term bon ds Totål lrabilities 15000 37 000 2000 Common stock Refained earnings Fotal common equity Total liabilitier and equity 13000 50 000 Income Statement Cmilions op $) Net sQles operating cotts except depreciation bepreciation Eamings bef interest and faxes (EBIT) Less interest Earnings before tax er CEBT) paxes Net income 87500 8/813 1531 4156 1375 2781 973 1808 0ther data S hares outstan ding Cmillions ) Common diridends int.rate on notes payable 4 d-7 bonds Pederal plus state income tax rate Year end stoch price 500 632.73 6.25%. 35 1. 43.39

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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BALANCE SHEETCash $ 140.0 Accounts payable $ 800 .0Accts. receivable 880 .0 Notes payable 600.0Inventories 1,320.0 Accruals 400 .0Total current assets $2,340.0 Total current liabilities $1,800.0Long-term bonds 1,000.0Total debt $2,800.0Common stock 200 .0Retained earnings 1,000.0Net plant & equip. 1,660.0 Total common equity $1,200.0Total assets $4.000.0 Total liabilities & equity $4.000.0lNCOME STATEMENTNet sales $6,000.0Operating costs 5,599.8Depreciation 100.2EBIT $ 300.0Less: Interest 96 .0EBT $ 204 .0Less: Taxes 81.6Net income $ 122.4OTHER DATAAnnual Principal and Lease Payments 0.00Shares outstanding (millions) 60 .00Common dividends (millions) $42.8Interest rate on NIP and long-term bonds 6.0 %Federal plus state income tax rate 40%Year-end stock price $30 .60 What is the firms ROE (Return on Equity)?Group of answer choices 9.45% 9.63% 9.84% 10.20%
BALANCE SHEETCash $ 140.0 Accounts payable $ 800 .0Accts. receivable 880 .0 Notes payable 600.0Inventories 1,320.0 Accruals 400 .0Total current assets $2,340.0 Total current liabilities $1,800.0Long-term bonds 1,000.0Total debt $2,800.0Common stock 200 .0Retained earnings 1,000.0Net plant & equip. 1,660.0 Total common equity $1,200.0Total assets $4.000.0 Total liabilities & equity $4.000.0lNCOME STATEMENTNet sales $6,000.0Operating costs 5,599.8Depreciation 100.2EBIT $ 300.0Less: Interest 96 .0EBT $ 204 .0Less: Taxes 81.6Net income $ 122.4OTHER DATAAnnual Principal and Lease Payments 0.00Shares outstanding (millions) 60 .00Common dividends (millions) $42.8Interest rate on NIP and long-term bonds 6.0 %Federal plus state income tax rate 40%Year-end stock price $30 .60 Question 9 What is the firm's Debt Ratio? Group of answer choices 60.0% 65.0% 70.0% 75.0% Question 10 What is the firm's Inventory Turnover? 4.41 4.55 4.69 4.83 Question 11 What is the firm's DPS…
BALANCE SHEETCash $ 140.0 Accounts payable $ 800 .0Accts. receivable 880 .0 Notes payable 600.0Inventories 1,320.0 Accruals 400 .0Total current assets $2,340.0 Total current liabilities $1,800.0Long-term bonds 1,000.0Total debt $2,800.0Common stock 200 .0Retained earnings 1,000.0Net plant & equip. 1,660.0 Total common equity $1,200.0Total assets $4.000.0 Total liabilities & equity $4.000.0lNCOME STATEMENTNet sales $6,000.0Operating costs 5,599.8Depreciation 100.2EBIT $ 300.0Less: Interest 96 .0EBT $ 204 .0Less: Taxes 81.6Net income $ 122.4OTHER DATAAnnual Principal and Lease Payments 0.00Shares outstanding (millions) 60 .00Common dividends (millions) $42.8Interest rate on NIP and long-term bonds 6.0 %Federal plus state income tax rate 40%Year-end stock price $30 .60 Question 5 What is the firm's EBITDA coverage? Group of answer choices 3.51 3.69 3.88 4.17 Question 6 What is the firms DSO (Days Sales Outstanding)? Group of answer choices 51.30 days 52.80 days 53.50…
Assets Current assets: Cash Marketable securities Accounts receivable (net) Inventory Total current assets Investments Plant and equipment Less: Accumulated depreciation Net plant and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Notes payable Accrued taxes Total current liabilities Long-term liabilities: Bonds payable Total liabilities Stockholders' equity Preferred stock, $ 50 par value Common stock, $ 1 par value Capital paid in excess of par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 611,000 272,000 $ 52,500 22,500 178,000 290,000 $ 543,000 66,200 339,000 $948,200 $ 95,100 78,700 12,000 $ 185,800 159,400 $ 345,200 $ 100,000 80,000 190,000 233,000 $ 603,000 $948,200