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Uploaded by ColonelCamel3597
3] & eBook 8 Print Queston3 Comect Mark1.000utof 100 P Flag question Computing Return on Equity Starbucks reports net income for 2015 of $2,956.4 million. Its stockholders' equity is $6,527 million and $7,073 million for 2014 and 2015, respectively. a. Compute its return on equity for 2015, Round answer to one decimal place (ex: 0.2345 = 23.5%) 435 v b. Starbucks repurchased over $1.4 billion of its common stock in 2015. Did this repurchase increase or decrease Starbucks' ROE? ROE usually decreases since the repurchase of shares reduces the denominator (ave. stockholders' equity). ROE usually increases since the repurchase of shares reduces the denominator (avg stockholders’ equity).v* ROE usually increases since the repurchase of shares increases the denominator (avg. stockholders’ equity). ROE usually decreases since the repurchase of shares increases the denominator (avg. stockholders’ equity).
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Related Questions
ff1
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The balance sheets at the end of each of the first two years of operations indicate the following:
2011
$560,000
40,000
2012
$600,000
60,000
900,000
125,000
350,000
100,000
600,000
75,000
310,000
Total current assets
Total investments
Total property, plant, and equipment
Total current liabilities
700,000
65,000
250,000
100,000
600,000
75,000
Total long-term liabilities
Preferred 9% stock, $100 par
Common stock, $10 par
Paid-in capital in excess of par-common stock
Retained earnings
210,000
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compute in excel
Q3
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Q13
If the company’s cost of equity is 45%, Interest on Debt is OMR 10,000, market value of equity is OMR 400,000 and value of Debt is OMR 800,000; then what is the Earnings before interest and taxes (EBIT) under Net Operating Income Approach?
a.
OMR 130,000
b.
OMR 180,000
c.
OMR 190,000
d.
OMR 120,000
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Q3
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The following is data for 123 Corp:
Book value, Dec 31 2016
Comprehensive income
Dividends
Required return
825
20%
What is normal income for 2017?
Round your answer to the nearest dollar (no decimal points)
2017
100
23
2018
150
32
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hello, I need help please
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Using Excel for financial statement analysis
Download an Excel temp/ate for this problem online in MyAccountingLab or at http://www.pearsonhighered.com/Horngren Riverside Sweets, a retail candy store chain, reported the following figures:
Additional financial information:
a. 75% of net sales revenue are on account.
b. Market price of stock is $36 per share on June 30, 2019.
c. Annual dividend for 2019 was $1.50 per share.
d. All short-term investments are cash equivalents.
Requirements
Perform a horizontal analysis on the balance sheet for 2018 and 2019.
Perform a vertical analysis on the income statement.
Compute the following ratios:
a. Working Capital
b. Current Ratio
c. Acid-Test (Quick) Ratio
d. Cash Ratio
e. Accounts Receivable Turnover
f. Days’ Sales in Receivables
g. Inventory Turnover
h. Days’ Sales in Inventory
i. Gross Profit Percentage
j. Debt Ratio
k. Debt to Equity Ratio
l. Times-Interest-Earned Ratio
m. Profit Margin Ratio
n. Rate of Return on Total Assets
o. Asset…
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P18-1 Trend analysis and return on common equity [20–30 min]
Net sales revenue, profit and ordinary shareholders' equity for Visi Mission Corporation Ltd, a
manufacturer of contact lenses, follow for a four-year period:
2016
2015
2014
2013
Net sales revenue
$759 000
$701 000
$629 000
$659 000
Profit
56 000
43 000
38 000
48 000
Ending ordinary shareholders' equity
364 000
356 000
328 000
300 000
Requirements
1 Calculate trend analyses for each item for 2014–16. Use 2013 as the base year and round
to the nearest whole percentage.
2 Calculate the rate of return on ordinary shareholders' equity for 2014–16, rounding to
three decimal places.
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LG 5
P9-10
Cost of common stock equity Ross Textiles wishes to measure its cost of common
stock equity. The firm's stock is currently selling for $57.50. The firm expects to pay
a $3.40 dividend at the end of the year (2016). The dividends for the past 5 years
are shown in the following table.
Year
2015
2014
2013
2012
2011
Dividend
$3.10
2.92
2.60
2.30
2.12
After underpricing and flotation costs, the firm expects to net $52 per share on a
new issue.
a. Determine the growth rate of dividends from 2011 to 2015.
b. Determine the net proceeds, N, that the firm will actually receive.
c. Using the constant-growth valuation model, determine the cost of retained earnings, r
d. Using the constant-growth valuation model, determine the cost of new common
stock, T
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LVMH Moet Hennessy Louis Vuitton SA has 473.06 million ordinary shares outstanding, and the market price for a share of equity at the end of 2015 was €46.79. (Round your answer to 2 decimal places (e.g., 32.16).)
Requirement 1:
What is the price-earnings ratio for 2016?
Price-earnings ratio for 2016
times
Requirement 2:
What are the dividends per share for 2016?
Dividends per share for 2016
€ per share
Requirement 3:
What is the market-to-book ratio at the end of 2015?
Market-to-book ratio
times
Requirement 4:
If the company’s growth rate is 9 per cent, what is the PEG ratio for 2016?
PEG ratio for 2016
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Understanding EPS CalculationsOn its Form 10-K for the year ended December 31, 2015, Bank of America Corp. reported information related to basic earnings per share.Fill in the missing information.
Rounding instruction:
Round answer a. to two decimal places.Round answer b., c., & d. to the nearest million.Round answer e. to three decimal places.
$ millions, except per share amounts
2015
2014
2013
Net income
$16,388
$4,833
d.
Answer
Preferred stock dividends
$1,483
b.
Answer
$1,349
Net income applicable to common shareholders
$14,905
c.
Answer
$11,072
Average common shares outstanding
10,462.282
10,527.818
e.
Answer
Basic earnings per share
a.
Answer
$0.38
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Hi expart Provide solution
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LVMH Moet Hennessy Louis Vuitton SA has 473.06 million ordinary shares outstanding, and the market price for a share of equity at the end of 2015 was €46.79. (Round your answer to 2 decimal places (e.g., 32.16).)
Requirement 4:
If the company’s growth rate is 9 per cent, what is the PEG ratio for 2016?
PEG ratio for 2016
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Find the Equity Multiplier
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I need answer of this question general accounting
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ces
The financial statements of Friendly Fashions include the following selected data (in millions):
($ in millions)
Sales
Net income
Stockholders' equity
Average Shares outstanding (in millions)
Dividends per share
Stock price
FRIENDLY FASHIONS
Return on equity
Numerator/Denominator
Dividend yield
Numerator/Denominator
Required:
Calculate the following ratios for Friendly Fashions in 2024. (Enter your dividend yield and price-earnings ratio values to 2 decimal
places. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).)
Earnings per share
Numerator/Denominator
Price-earnings ratio
Numerator/Denominator
Amounts
Amounts
Amounts
2024
$8,943
$310
$1,680
Amounts
680
$0.40
$7.00
2023
$10,034
$708
$2,320
0
0
0
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Hello I want the answer for Assignment
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For years ended December 31
Equity Investee Financial Summary,
$ millions
2018
2017
2016
Net sales...
Gross margin
Net income..
Cummins' share of net income.
$7,352
$7,050
$5,654
1,373
1,422
1,182
647
680
499
$ 336
$ 308
$ 260
Royalty and interest income..
58
49
41
Total equity, royalty and interest from investees...
$ 394
$ 357
$ 301
Current assets
$3,401
1,449
$3,416
1,379
Noncurrent assets
Current liabilities..
Noncurrent liabilities..
Net assets...
(2,669)
(218)
(2,567)
(237)
$1,963
$1,991
Cummins' share of net assets
$1,144
$1,116
a. What assets and liabilities of unconsolidated affiliates are omitted from Cummins' balance sheet as a
result of the equity method of accounting for those investments?
b. Do the liabilities of the unconsolidated affiliates affect Cummins directly? Explain.
c. How does the equity method impact Cummins' ROE and its RNOA components (net operating asset
turnover and net operating profit margin)?
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Five Measures of Solvency or Profitability
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Bonds payable, 6%
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Preferred $10 stock, $50 par
46,000
Common stock, $10 par
644,000
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stock during the current year totaled $25,760. The common stock was selling for $16 per share at the end of the year.
Determine each of the following. Round answers to one decimal place, except for dollar amounts which should be rounded to the
nearest whole cent. Use the rounded answers for subsequent requirements, if required.
a. Times interest earned ratio
times
b. Earnings per share on common stock
c. Price-earnings ratio
d. Dividends per share of common stock
e. Dividend yield
5:32 PM
12/12/2020…
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Vishnu
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Suppose the following financial information is available for Walgreens.
(in millions)
Average common stockholders' equity
Dividends declared for common stockholders
Dividends declared for preferred stockholders
Net income
2022
$9,200.0
460
0
1,840
2021
2022
8,600.0
387
0
2,150
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12.5%)
2021
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RNOA + FLEV X Spread X NCI Ratio = ROE
25.89% +FLEV X 24.37% X 1.0026 =50%
What is FLEV? Please show steps
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Q18
If the company’s EBIT is OMR 500,000; market value of the equity is OMR 2,000,000 and value of Debt is OMR 4,000,000; then what is the overall cost of capital of the firm under Net Income Approach?
a.
12.5%
b.
10%
c.
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d.
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8 pls answer dis,
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4:40" . KB/S
287
73
Your answer
Selected data from the year-end
financial statements of Atlas Corp.
are as follows: Current ratio 2.0;
Quick ratio 1.5; Current liabilities
$600,000; Inventory turnover 8.0;
Gross profit margin 40%; what is the
amount of Atlas Corp. sales for the
year?
Your answer
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The adjusted trial balance for China Tea Company at December 31, 2021, is presented below:
Accounts
Debit
$20,000
162,000
9,000
28,000
370,000
Credit
Cash
Accounts receivable
Prepaid rent
Supplies
Equipment
Accumulated depreciation
Accounts payable
Salaries payable
Interest payable
Notes payable (due in two years)
$125,000
16,000
3,800
1,700
30,000
190,000
99,300
Common stock
Retained earnings
Dividends
26,000
Service revenue
Salaries expense
Advertising expense
Rent expense
Depreciation
Interest expense
Utilities expense
500,000
182,000
79,000
11,000
38,000
2,800
38,000
$ 965,800
nse
Totals
$965,800
Prepare a classified balance sheet for China Tea Company as of December 31, 2021. (Amounts to be deducted
with a minus sign.)
CHINA TEA COMPANY
Balance Sheet
20
F3
000
F4
II
F8
F2
F5
F6
F7
F9
@
#
2$
%
&
*
2
4
6
7
9.
W
Y
U
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What was the earning per share on Abercrombie & Fitch for the year July 7, 2015 through July 7, 2016?
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aw
The financial statements of Heatwave Athletic Wear include the following selected data ($ in millions): Sales, $22,400; Net income,
$875; Beginning stockholders' equity, $3,600; Ending stockholders' equity, $4,160.
Calculate the return on equity. (Round your answer to 1 decimal place.)
Return on equity
%
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