FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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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.)
 
 
​($ in​ millions)
  Current assets
 
​$115
 
  Fixed and other assets
 
​$186
 
  Total assets
 
  $301
 
  Current liabilities
 
​$88
 
​ Long-term debt
 
​$38
 
​ Stockholders' equity
 
​$175
 
  Total liabilities and equity
 
  $301
 
  Common shares outstanding
11
million shares
  Total revenues
 
​$469
 
  Total operating costs and expenses
 
​$402
 
  Interest expense
 
​$9
 
  Income taxes
 
​$23
 
  Net profits
 
    $35
 
 
 
 
 
  Dividends paid to common stockholders
 
​$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
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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
Bartleby Expert
by Bartleby Expert
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