In December 2022, Samar Co. had a share price of AED 50. They had 12 million shares outstanding, a market-to-book ratio of 3. In addition, Samar had AED 200 million debt, AED 40 million in net income and AED 850 million in sales. Calculate P/E ratio and ROE according to Du Pont system.
In December 2022, Samar Co. had a share price of AED 50. They had 12 million shares outstanding, a market-to-book ratio of 3. In addition, Samar had AED 200 million debt, AED 40 million in net income and AED 850 million in sales. Calculate P/E ratio and ROE according to Du Pont system.
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 3P: Winston Watch’s stock price is $75 per share. Winston has $10 billion in total assets. Its balance...
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In December 2022, Samar Co. had a share price of AED 50. They had 12 million shares outstanding, a market-to-book ratio of 3. In addition, Samar had AED 200 million debt, AED 40 million in net income and AED 850 million in sales. Calculate P/E ratio and ROE according to Du Pont system.
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ok although you mentioned in the explanation now
you mentioned that
total assets is 400 while total equity 200
but in the solution above you wrote
total assets 866
and equity 666
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Follow-up Question
would you please explain in step 4
from where you got the total assets and total equity
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by Bartleby Expert
Follow-up Question
Would you please explin step 4
from where you for total assets and euity
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by Bartleby Expert
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