BA 321 hw 3
2: Sales= 14.2 m, TA= 11.3m, TD= 4.9m, profit margin 5%
1. Net income= 710000
2. ROA=710000/ 11,300,000= 6.28%
3. ROE= .05 x (1.26) x 6.4= 11.09%
6: + retained earning= 435000, dividends paid= 245000, TE= 5.7 million, 175000 shares
outstanding,
• EPS= 435000+245000/175000=3.89
• DPS= 245000/175000= 1.4 per share
• BV per share= 5700000/175000=32.57
• Market to book ratio= 78/32.57=2.39
• PE= 78/ 3.89= 20.05
• P/S ratio= 1.83
8: 0.1385=0.058 x 1.75 x EM= 1.365-1= D/E= 0.36
11: E=755000, Cash=63000, debt= 220000, EBIT=95000, Dep.= 178000
• EBITDA= EBIT+ Dep.= 95000-178000=273000
• EV= Equity+ Debt- Cash= 755000+ 220000- 63000=912000
• Ratio= 3.34
16
Cash
A/R
Inventory
Net plant/
equipment
Total Assets
2020
14588
35258
65567
477413
2021
17631
41019
71505
498421
chg
+3043
+5761
+5938
+21008
S/U
592826
628576
+35750
Use
chg
+7420
+3429
+4000
0
+20901
+35750
S/U
S
S
S
2020
55653
21895
58000
60000
397278
592826
A/P
Notes Payable
LTD
CS
RE
Total
Ex:
27:
• PM= 65340/531750=12.28%
• TAT= 531750/ 615435=0.864
2021
63073
25324
62000
60000
418179
628576
Use
Use
Use
S
S
•
•
EM= 615435/ 388683= 1.58
ROE= .1228 x 0.864 x 1.58= 16.76%
28:
Operating activites
Net income
Depreciation
AR
Inv.
AP
CL
Net cash from OA
amt
+65340
+46686
-11966
-9841
+9399
+6748
+106366
Investment activities
Net plant equipment
depreciation
Total from IA
amt
-61773
-46685
-108459
Financing activities
Notes payable
LTD
dividends
Total from financing
Net change in cash
amt
-1210
+30000
-20000
+8790
+6697
29:
•
•
•
•
PE= 79/ (NI/Shares outstanding= 4.35)= 18.14
Dividends per share= 1.33
MTB= 15000/ 388683= 3.05
PEG= 18.14/ 9= 2.02