Here is a simplified balance sheet for Locust Farming: Locust Farming Balance Sheet ($ in millions) Current assets $ 42,529 Long-term assets 46,842 Current liabilities Long-term debt $ 29,750 27,757 Other liabilities 14,327 Equity 17,537 Total $ 89,371 Total $ 89,371 Locust has 662 million shares outstanding with a market price of $88 a share. a. Calculate the company's market value added. b. Calculate the market-to-book ratio. c. How much value has the company created for its shareholders as a percent of shareholders' equity, th

Here is a simplified balance sheet for Locust Farming: Locust Farming Balance Sheet ($ in millions) Current assets $ 42,529 Long-term assets 46,842 Current liabilities Long-term debt $ 29,750 27,757 Other liabilities 14,327 Equity 17,537 Total $ 89,371 Total $ 89,371 Locust has 662 million shares outstanding with a market price of $88 a share. a. Calculate the company's market value added. b. Calculate the market-to-book ratio. c. How much value has the company created for its shareholders as a percent of shareholders' equity, th

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter17: Financial Statement Analysis

Section17.4: Analyzing Financial Statements Using Financial Ratios

Problem 1WT

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Here is a simplified balance sheet for Locust Farming: Locust Farming Balance Sheet ($ in millions) Current assets $ 42,524 Current liabilities $ 29,755 Long-term assets 46,832 Long-term debt 27,752 Other liabilities 14,317 Equity 17,532 Total $ 89,356 Total $ 89,356 Locust has 657 million shares outstanding with a market price of $83 a share. c. How much value as the company created for its shareholders as a percent of shareholders’ equity, that is, the net capital contributed to the firm by its shareholders? (Enter your answer as a percentage rounded to the nearest whole number.)
Here is a simplified balance sheet for Locust Farming: Locust Farming Balance Sheet ($ in millions) Current assets $ 42,526 Current liabilities $ 29,753 Long-term assets 46,836 Long-term debt 27,754 Other liabilities 14,321 Equity 17,534 Total $ 89,362 Total $ 89,362 Locust has 659 million shares outstanding with a market price of $85 a share. Calculate the company’s market value added. Calculate the market-to-book ratio. How much value has the company created for its shareholders as a percent of shareholders’ equity, that is, as a percent of the net capital contributed by shareholders?
Locust Farming Balance Sheet ($ in millions) Current assets $ 42,527 Current liabilities $ 29,752 Long-term assets 46,838 Long-term debt 27,755 Other liabilities 14,323 Equity 17,535 Total $ 89,365 Total $ 89,365 Locust has 660 million shares outstanding with a market price of $86 a share. Calculate the company’s market value added. Calculate the market-to-book ratio. How much value has the company created for its shareholders as a percent of shareholders’ equity, that is, as a percent of the net capital contributed by shareholders?
Here is a simplified balance sheet for Caterpillar Tractor: Caterpillar Tractor Balance Sheet ($ in millions) Current liabilities 46,838 Long-term debt Current assets $42,527 Long-term assets Total $89,365 Total Market value Market value added Other liabilities Equity Caterpillar has 660 million shares outstanding with a market price of $86 a share. a. Calculate the company's market value added. (Enter your answers in millions.) Market-to-book ratio Yes O No GA $ GA $29,752 27,755 14,323 17,535 $89,365 b. Calculate the market-to-book ratio. (Round your answer to 2 decimal places.) million million c. Has the company created value for shareholders?
The balance sheet for Munoz Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity $ 235,000 762,000 $997,000 $160,000 457,000 617,000 380,000 $997,000 Required Compute the following. (Round "Ratios" to 1 decimal place.) ace Working capital Current ratio Debt to assets ratio
Barger Corporation has the following data as of December 31, 2024: Total Stockholders' Equity Total Current Liabilities Total Current Assets $ 36,210 58,200 181,630 Other Assets Long-term Liabilities Property, Plant, and Equipment, Net Compute the debt to equity ratio at December 31, 2024. (Round your answer to two decimal places, X.XX.) = = C $? 45,600 269,640 Debt to equity ratio
.. From the following, calculate (a) Debt-Equity Ratio (b) Total Assets to Debt Ratio Equity Share Capital $75,000 Share application money pending allotment $25,000 General Reserve $45,000 Balance in the Statement of Profit & Loss $30,000 Debentures $75,000 Trade Payables $40,000 Outstanding Expenses $10,000
The selected condensed data are taken from a recent balance sheet of Bob Evens farms: Cash Marketable securities Accounts receivable Inventories Other current assets $ 8,241,000 1,947,000 12,545,000 14,814,000 5,371,000 Total current assets Total current liabilities Calculate (a) the working capital and (b) the current ratio for Bob Evans Farms. $42,918,000 $44,844,000
The balance sheet for Shankland Corporation follows: 000'009 $ 000006 Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings 000 0000 000 00 000 009' 000 006 Total liabilities and stockholders' equity 000'00s Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio Debt-to-assets ratio Debt-to-equity ratio
The company capital structure consist of debt 380000 @ 4.05%, common stock 220000@12.09% and preferred stock 400000 @ 19.50%, calculate company's weighted average cost of capital Select one: O a. 12.99% O b. 11% O c. 9.50% O d. None O e. 11.99%
Burkhart Corporation has the following data as of December 31, 2024: Total Current Liabilities $ 45,380 Total Stockholders' Equity Total Current Assets 35,720 Other Assets Long-term Liabilities 140,245 Property, Plant, and Equipment, Net Compute the debt to equity ratio at December 31, 2024. (Round your answer to two decimal places, X.XX.) = $? 37,400 261,005 Debt to equity ratio
Klynveld Companys balance sheet shows total liabilities of 94,000,000, total stockholders equity of 75,000,000, and total assets of 169,000,000. Required: Note: Round answers to two decimal places. 1. Calculate the debt ratio. 2. Calculate the debt-to-equity ratio.