Explore BrainMass

Completing Corporate Finance Problems

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

PettiJohn Multi :3-1
Balance Sheet Millions of $

Assets 2010
Cash and Securities 1554
Accounts receivable 9660
Inventories 13440
Total Current Assets 24654
Net plant and equip 17346
Total Assets 42000
Liabilities and equity
Accounts Payable 7980
Notes Payable 5880
Accruals 4620
Total current liabilities 18480
Long term Bonds 10920
Total Debt 29400
Current Stock 3360
Retained Earnings 9240
Total common equity 12600
Total liabilities and equity 42000

Income statement( Millions$)

Net Sales 58800
Oper cost except dep 54978
depreciation 1029
earn bef int&tax(EBIT) 2793
Less interest 1050
Earn before taxes EBT 1743
Taxes 610
Net Income
Shares outstanding 175
Common dividends 509.83
int rate on notes pay/&l-t bonds 0.0625
Fed+St Income tax rate 0.35
Year end stock price 77.69

I need hep with the several answers with this problem. Can someone please help me to solve.
1.BEP 2. profit margin dividends per share 4. market to book value 5. equity multiplier 6. firms book value per share 7. firms P/E ratio 8. firms PES 9. cash flow per share.
10. Last year Vaughn corp has sales of $315,000 and a net income of $17,832, and its year-end assets were $210,000. The firms debt-to-total assets ratio was 42.5% Based on the Du Pont equation, what was Vaughn's ROE?

© BrainMass Inc. brainmass.com March 22, 2019, 2:29 am ad1c9bdddf

Solution Summary

The expert examines completing corporate finance problems.