Reference no: EM13865856
Use the data given in CP13- 1 for Golden Corporation.
Required:
1. Compute the gross profit percentage for the current and previous years. Round the percent-ages to one decimal place. Are the current year results better, or worse, than those for the previous year?
2. Compute the net profit margin for the current and previous years. Round the percentages to one decimal place. Are the current year results better, or worse, than those for the previous year?
3. Compute the earnings per share for the current and previous years. Are the current year results better, or worse, than those for the previous year?
4. Stockholder equity totaled $ 30,000 at the beginning of the previous year. Compute the return on equity (ROE) ratios for the current and previous years. Express the ROE as percentages rounded to one decimal place. Are the current year results better, or worse, than those for the previous year?
5. Net property and equipment totaled $ 35,000 at the beginning of the previous year. Compute the fixed asset turnover ratios for the current and previous years. Round the ratios to two decimal places. Are the current year results better, or worse, than those for the previous year?
6. Compute the debt- to- assets ratios for the current and previous years. Round the ratios to two decimal places. Is debt providing financing for a larger or smaller proportion of the company asset growth? Explain.
7. Compute the times interest earned ratios for the current and previous years. Round the ratios to one decimal place. Are the current year results better, or worse, than those for the previous year? Explain.
8. After Golden released its current years financial statements, the company stock was trading at $ 30. After the release of its previous years financial statements, the company stock price was $ 21 per share. Compute the P/E ratios for both years, rounded to one decimal place. Does it appear that investors have become more (or less) optimistic about Golden future success?
|
What is the worst-case net present value
: An investment under consideration has a payback of eight years and a cost of $865,900. Assume the cash flows are conventional. If the required return is 10 percent, what is the worst-case Net Present Value?
|
|
Conduct a swot or appreciative inquiry analysis
: Analyzing Organizations- Conduct a SWOT or Appreciative Inquiry (AI) analysis and Evaluate the organization from multiple sustainable perspectives, including financial considerations, positive community outcomes, and innovation
|
|
What is a firms intrinsic value and its current stock price
: What is a firm's intrinsic value? its current stock price?is the stocks "true" long run value more closely related to its intrinsic value or to its current price?
|
|
Calculate the magnitude of the phase voltage
: Calculate the magnitude of the phase voltage-Calculate the magnitude and phase of all line currents-Calculate the magnitude and phase of the neutral current
|
|
Compute the gross profit percentage for the current year
: Compute the gross profit percentage for the current and previous years. Round the percent-ages to one decimal place. Are the current year results better, or worse, than those for the previous year? Compute the net profit margin for the current and pr..
|
|
Explanation of the implications of globalization
: An explanation of the implications of globalization on organizational strategic planning. Include how organizational success and stakeholder involvement may lead to a sustainable future for the organization and community
|
|
The international debt crisis-causes
: Too-Big-To-Fail doctrine-purposes and consequences and or The international debt crisis-causes, consequences, and remedies Case Projects
|
|
Bryant Corporation is in the process of negotiating a loan
: Bryant Corporation was incorporated on December 1, 2009, and began operations one week later. Before closing the books for the fiscal year ended November 30, 2010, Bryant's controller prepared the following financial statements:
|
|
Why does your company need a code of ethics
: In this video presentation, Dan Rather talks about the ethical issues facing today's news media. Determine the main points discussed in the video and use them to prepare a brief introductory leadership letter outlining the proposed plan for a new..
|