1. Consider the following data for Company Y: Balance Sheet Balance Sheet as of: Dec 31 2018...
Fantastic news! We've Found the answer you've been seeking!
Question:
1. Consider the following data for Company Y: | ||
Balance Sheet | ||
Balance Sheet as of: | ||
Dec 31 2018 | Dec-31-2019 | |
Currency | Million USD | Million USD |
ASSETS | ||
Cash and Short Term Investments | 2.5 | 2.1 |
Accounts Receivable | 3.2 | 2.1 |
Other Currrent Assets | 5.3 | 6.2 |
Current Assets | 11.0 | 10.4 |
Property, Plant and Equipment | 23.0 | 28.7 |
Intangible Assets | 15.3 | 17.0 |
Other Assets | 2.1 | 3.2 |
Total Assets | 51.4 | 59.3 |
LIABILITIES | ||
Accounts Payable | 7.2 | 8.4 |
Accrued Exp. | 1.3 | 2.3 |
Short-term debt | 3.5 | 3.6 |
Total Current Liabilities | 12.0 | 14.3 |
Long-term debt | 27.2 | 31.0 |
Other liabilities | 1.1 | 2.1 |
Total Liabilities | 40.3 | 47.4 |
Market capitalization | 15.3 | 17.8 |
Total Debt | 30.7 | 34.6 |
Cash and short-term investments | 2.5 | 2.1 |
Enterprise Value | 43.5 | 50.3 |
Compute the company's leverage ratio in 2018 and 2019 using the two ratios that we focused on in the course (keep 2 decimal points). | ||
Dec 31 2018 | Dec-31-2019 | |
Debt / (Debt + Equity) | ||
Liabilities / Assets | ||
NOTE - The answer cells must remain in B 35/36 and C 35/36. either lay out all your work below (or show the live formula directly in the answer cell), not just the final answer. |
Related Book For
Cost Management A Strategic Emphasis
ISBN: 978-0077733773
7th edition
Authors: Edward Blocher, David Stout, Paul Juras, Gary Cokins
Posted Date: