FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
Assume you are given the following abbreviated financial statements:
Data table
(Click on the icon here
in order to copy its contents of the data table below into a spreadsheet.)
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($ in millions)
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||
Current assets
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$115
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Fixed and other assets
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$186
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Total assets
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$301
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Current liabilities
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$88
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Long-term debt
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$38
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$175
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Total liabilities and equity
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$301
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Common shares outstanding
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11
million shares |
||
Total revenues
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$469
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Total operating costs and expenses
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$402
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Interest expense
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$9
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Income taxes
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$23
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Net profits
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$35
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Dividends paid to common stockholders
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$11
|
On the basis of this information, calculate as many liquidity, activity, leverage, profitability, and common stock measures as you can.
(Note:
Assume the current market price of the common stock is
$77.37
per share.)
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Follow-up Questions
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Follow-up Question
Common stock measures
Part 14
The earnings per share (EPS) is
$3.183.18.
(Round to the nearest cent.)Part 15
The P/E ratio is
24.3324.33.
(Round to two decimal places.)Part 16
The sales per share is
$42.6442.64.
(Round to the nearest cent.)Part 17
The price-to-sales ratio is
enter your response here.
(Round to two decimal places.)there is 22 parts
Solution
by Bartleby Expert
Follow-up Questions
Read through expert solutions to related follow-up questions below.
Follow-up Question
Common stock measures
Part 14
The earnings per share (EPS) is
$3.183.18.
(Round to the nearest cent.)Part 15
The P/E ratio is
24.3324.33.
(Round to two decimal places.)Part 16
The sales per share is
$42.6442.64.
(Round to the nearest cent.)Part 17
The price-to-sales ratio is
enter your response here.
(Round to two decimal places.)there is 22 parts
Solution
by Bartleby Expert
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