Minari Flowers Corp. reported the following financial statements. Mina owers Carp 2019 and 200 alancn heets...
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Minari Flowers Corp. reported the following financial statements. Mina owers Carp 2019 and 200 alancn heets ndwne t 2019 Assers 2019 2020 Current aties Accounts payatle Notes payat Otr Total Long tern detit Oww quty Cunon stock nd padrplus Aucumlated Current asets 36.722 19.00 19.864 25.594 39.263 16200 24.634 34,3RS 17801 36310 37837 27.766 Cash Accounts recelvable Invontary Teul 42632 10.235 145.000 5.000 55.000 20/217 aed ening Fed aets Net plant and e et Total aets 404.15 Total Tetal abit Minari Flowers Corp 2020 Income statement 506,A54 359.328 Sales Cost of goods sold Depreciaton FRIT 44463 102.661 15 19,68) Interest poid Taxable incime Taxes (21N) Net income 17426 6.554 25,000 40,554 Dvidends Retained arning (2) Construct DuPont identity for Minari Flowers. (3) Minari Flowers has 20,000 shares of common stock outstanding, and market price for a share of stock at the end of 2020 was $60. What is the price-earning ratio? Minari Flowers Corp. reported the following financial statements. Mina owers Carp 2019 and 200 alancn heets ndwne t 2019 Assers 2019 2020 Current aties Accounts payatle Notes payat Otr Total Long tern detit Oww quty Cunon stock nd padrplus Aucumlated Current asets 36.722 19.00 19.864 25.594 39.263 16200 24.634 34,3RS 17801 36310 37837 27.766 Cash Accounts recelvable Invontary Teul 42632 10.235 145.000 5.000 55.000 20/217 aed ening Fed aets Net plant and e et Total aets 404.15 Total Tetal abit Minari Flowers Corp 2020 Income statement 506,A54 359.328 Sales Cost of goods sold Depreciaton FRIT 44463 102.661 15 19,68) Interest poid Taxable incime Taxes (21N) Net income 17426 6.554 25,000 40,554 Dvidends Retained arning (2) Construct DuPont identity for Minari Flowers. (3) Minari Flowers has 20,000 shares of common stock outstanding, and market price for a share of stock at the end of 2020 was $60. What is the price-earning ratio?
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Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
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