Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN: 9781337902571
Author: Eugene F. Brigham, Joel F. Houston
Publisher: Cengage Learning
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Chapter 14, Problem 3TCL
Summary Introduction

To identify: Dividend declared date, record date, ex-date and pay date, their significance and price shifts in the dates.

Dividend:

Dividend is the part of the profits earned by the company, which the board of directors decides to share with its shareholders.

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Please use the attached images as well...   Compute the following:  For fiscal 2019 and 2020: Current Ratio, Quick Ratio, Long Term Debt Ratio For fiscal 2019 and 2020: Gross Profit Margin, Net Profit Margin, EBITDA For fiscal 2019 and 2020: Return on Assets, Return on Equity, Return on Sales For fiscal 2020: Free Cash Flow to Equity Market Capitalization, Market to Book Value and the Price-Earnings Ratio as of year-end 2020 Stock Prices in 2018 = $68.98 2019 = $84.15 2020 = $107.82
Comment on the following statements with suitable example: i. The ratio return on assets has net income in the numerator and total assets in the denominator. Explain how each part of the ratio could cause return on assets to fall. ii. Explain how return on assets could decline, given an increase in net profit margin. iii. If quoted market prices are not available, a personal financial statement cannot be prepared. Comment.
Required: (a) You are required to calculate the following ratios:(i) Gross profit margin(ii) Operating profit margin(iii) Expenses to sales(iv) Return on Capital Employed(v) Asset turnover(vi) Non-current asset turnover(vii) Current Ratio(viii) Quick Ratio(ix) Inventory days(x) Receivables days(xi) Payable days(xii) Interest cover  (b) In light of your calculations comment on the performance of the company over thelast two years.
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