Answered: In December 2022, Samar Co. had a share…

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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Question

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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Follow-up Question

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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Follow-up Question

Would you please explin step 4

from where you for total assets and euity

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