Reference no: EM132967075
a. Net working capital N/A
b. Current ratio 1.95
c. Receivables turnover 5.95 Common-Stock Ratios
d. Inventory turnover 4.50
e. Total asset turnover 2.65
f. Debt-equity ratio 0.45
g. Times interest earned 6.75 o. Payout ratio 50.0%
h. Net profit margin 8.5%
i. Return on assets 22.5% Activity
j. ROE 32.2%
k. Earnings per share $2.00
l. Price-to-earnings ratio 20.0 Leverage
m. Dividends per share $1.00
n. Dividend yield 2.5%
o. Payout ratio 50.0%
p. Book value per share $6.25
q. Price-to-book-value ratio 6.4
b. Compare the company ratios you prepared to the industry figures given in part a. What are the company's strengths? What are its weaknesses?
c. What is your overall assessment of South Plains Chemical? Do you think Jack should continue with his evaluation of the stock? Explain.
|
How do environmental policies affect business ethics
: How do environmental policies affect business ethics?
|
|
Journalize the transactions and post the transactions
: Journalize the transactions and post the transactions - November 14 Purchased beauty salon supplies from D'Panots for cash, P3,000
|
|
Provide one argument for normalizing trade with cuba
: Provide one argument for normalizing trade with Cuba. Consider who would benefit and who would be harmed in each case
|
|
What should be change in bad debt expense for dewey co
: What should be the change in bad debt expense? Dewey Co. had gross accounts receivable of $550,000, and allowance for doubtful accounts of $30,000.
|
|
Compare the company ratios
: b. Compare the company ratios you prepared to the industry figures given in part a. What are the company's strengths? What are its weaknesses?
|
|
What is the amount recorded for the leased asset
: The lease does not transfer ownership, nor is there a bargain purchase option. What is the amount recorded for the leased asset
|
|
What is the book value of the stock dividend for lay co
: Lay Co. issued 100,000 shares of common stock. The stock price of Lay Co. shares was $20 per share on Dec 20, 2016. What is book value of stock dividend?
|
|
Give rise to agency problems
: If you expanded, and hired additional people to help you, might that give rise to agency problems?
|
|
Calculate the final maturity value
: The maturity value is then rolled into another short-term 181-day GIC earning 0.57% simple interest. Calculate the final maturity value
|