Reference no: EM132790879
Question - Acme Dynamite Company has total sales of $2,378,000. Given the following ratios, fill in the balance sheet Shares Outstanding: 13.875 million
Sales $2,378.00 million
EPS: $0.46
Debt Coverage Ratio: 6.25
Kd: 2.61%
Ke: 16.25%
Total Assets Turnover 4.36 Times
Cash to Total Assets 6.2%
Accounts Receivable Turnover1 2.50 Times
Inventory Turnover 17.61 Times
Current Ratio 1.25 Times
Fixed Assets to Sales 5.7%
ACME DYNAMITE COMPANY ASSETS ($ millions) LIABILITIES & SHAREHOLDER'S EQUITY ($ millions)
Cash $34 Current liabilities $287
Accounts Receivable $190
Inventory $135 Long-term Debt $87
Total Current Assets $ 359 Total Liabilities $ 374
Property, Plant, Equipment (fixed assets) $135
Goodwill/Other Intangibles $52 Equity $ 171
TOTAL ASSETS $545 TOTAL LIAB & SH EQUITY $545
Answer these additional questions:
a. What is Acme's ROA, based on your calculations?
b. What is Acme's ROE?
c. Calculate the company's book value per share:
d. What is Acme's beta?
e. What is Acme's WACC?
f. If analysts also expect 10% growth rate in the stock price and current dividends are equal to $0.10 per share annually, what is your estimate of what the current stock price should be?
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