Because you are reading this after the end of Ethan Allens fiscal year 2017, how do your
Question:
Because you are reading this after the end of Ethan Allen’s fiscal year 2017, how do your forecasts from the previous problems compare to the actual FY 2017 results? Does it appear that more information would have helped to generate better forecasts? Insert the actual sales for 2017 into your forecast. Does this improve your forecast of earnings?
Transcribed Image Text:
1 2 WN 3 4 B D Ethan Allen Interiors Inc. Income Statement (Industrial) All figures in millions of U.S. Dollar, except per share items Jun '16 Jun '15 Jun '14 Jun '13 A 5 Sales 6 Cost of Goods Sold (COGS): 7 Gross Income 8 SG&A Expense 9 EBIT (Operating Income) 10 Interest Expense 11 Other Income - Net 12 Unusual Expense - Net 13 Pretax Income 14 Income Taxes 15 Net Income 16 17 18 EPS (recurring) 19 EPS (diluted) 20 Diluted Shares Outstanding 21 Total Shares Outstanding 22 Dividends per Share 23 Payout Ratio 24 25 EBITDA 26 EBIT 27 Depreciation & Amortization 28 29 30 Source: FactSet Fundamentals 31 794.202 351.966 442.236 353.057 89.179 1.618. 0.395 0.000 87.956 31.319 56.637 2.00 2.00 28.32 27.75 0.62 31.00 108.53 89.18 19.35 754.600 746.659 343.437 340.163 411.163 406.496 345.229 336.860 65.934 69.636 5.957 1.206 4.500 729.083 330.734 398.349 337.912 60.437 7.540 8.778 0.306 -1.485 0.000 0.000 56.683 62.402 50.174 19.541 19.471 17.696 37.142 42.931 32.478 1.38 1.27 29.18 28.41 0.50 39.37 85.08 65.93 19.14 E 1.47 1.47 29.28 28.93 0.40 27.21 87.57 69.64 17.93 1.11 1.11 29.24 28.91 0.36 32.43 78.45 60.44 18.01 F Jun '12 729.373 339.085 390.288 340.676 49.612 9.020 0.562 -0.085 41.239 -8.455 49.694 1.71 1.71 29.11 28.84 0.30 17.54 68.19 49.61 18.58
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
Considering the information supplied FY 2017 COGS 411163 million SGA Outlay 340676 M in FY 2017 EBIT ...View the full answer
Answered By
Hamza Amjad
Currently I am student in master degree program.from last two year I am tutring in Academy and I tought many O/A level student in home tution.
4.80+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
The spreadsheet file "Chapter 5 Problem 3.xlsx" (to find the student spreadsheets for Financial Analysis with Microsoft Excel, seventh edition, go to www.cengagebrain.com) contains monthly total...
-
The spreadsheet file Chapter 5 Problem 3.xlsx (to find the student spreadsheets for Financial Analysis with Microsoft Excel, ninth edition, go to (www.cengage.com/finance/mayes/analysis/9e) contains...
-
An operations manager wants to examine the effect of air-jet pressure (in pounds per square inch [psi]) on the breaking strength of yam. Three different levels of air-jet pressure are to be...
-
Develop a linear trend line model for the freshman applications data at State University in Problem 33. a. Does this forecast appear to be more or less accurate than the linear regression forecast...
-
How do human best live together in the world? Should we have no ruler but simply follow God's law? Should we have a king? Should materials be owned privately or shared in common? In addition, ask...
-
Management is considering three alternatives to satisfy an urgent need. Each of the alternatives will completely satisfy the need, so no combinations have to be considered. The first costs, operating...
-
Palmer Co. is evaluating the appropriate accounting for the following items. 1. Management has decided to switch from the FIFO inventory valuation method to the LIFO inventory valuation method for...
-
Q3. If W and W are two independent Brownian motions and p is a constant between -1 and 1, then the process Xt = pWt + 1 pWt is continuous and has - marginal distributions N(0, t). Is this X a...
-
Michelle Passmore is purchasing a $25,000 automobile, which is to be paid for in 60 monthly installments of $489.15. What effective annual interest is she paying for this financing arrangement?
-
Copy the Big Rock Candy Mountain Mining financial statements from Problem 1 in Chapter 2 into a new workbook. a. Set up a ratio worksheet similar to the one in Exhibit 3-6, page 99, and calculate all...
-
Explain an activity not mentioned in this chapter that occurs where you live and causes a positive or negative externality. Why does the activity cause market failure? In your opinion, what is the...
-
The probability of randomly selecting five cards of the same suit from a standard deck of 52 playing cards is about 0.002. Classify the statement as an example of classical probability, empirical...
-
ABC co. has the following data for the month ended January 31, 2021. ABC uses periodic inventory system and use LIFO method assumption: Date Units Unit cost or selling price 1/1 Beginning Inventory...
-
Evelyn and Carter have been married for 46 years. They are in their retirement and have 2 kids that are financially independent.They have five grandchildren, all under the age of 10. Carter is in...
-
1. Why breakdowns in stock correlation limit diversification benefits during crises (Treasury bonds are typically useful)? 2. Why stock diversification reduces unique risk but does not eliminate...
-
Is anything wrong with this code? If so, what? from statistics import mean a = statistics. mean ([12, 23, 34]) print (a)
-
Evaluate globalisation with a discussion on its merits and demerits by using your own examples.
-
This figure shows an estimated linear equation along with its 95% prediction intervals. Assume that X counts customers and Y measures dollars. (a) Visually estimate the intercept b0 and the slope b1....
-
Suppose that the laptop of Prob. 2.16 is placed in an insulating briefcase with a fully charged battery, but it does not go into sleep mode, and the battery discharges as if the laptop were in use....
-
Write a user-defined function to calculate a firm's return on equity using the Du Pont method as defined by (4-29) on page 123. You will need the function to accept three arguments: the net profit...
-
Name and describe the three main financial statement of a business. Include the characteristics of each financial statement.
-
Define REVPAR and explain why it is so important as a revenue measurement for room revenues as well as total hotel financial performance.
-
Name, explain, and give an example of the associations at the college level
-
Evaluate the moral intensity of the decision Lafarge managers made, based on the dimensions of moral intensity.
-
What is the difference between the American Association for Physical Activity and Recreation (AAPAR) and the National Association for Sport and Physical Education (NASPE)?
Study smarter with the SolutionInn App