Question: Calculate financial ratios for 2009 Please solve D, E, F and G. SMOLIRA GOLF, Inc. 2009 Income Statement Sales Cost of goods sold Depreciation Earnings


SMOLIRA GOLF, Inc. 2009 Income Statement Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (35%) Net income Dividends Retained earnings $305,830 210,935 26,850 $ 68,045 11,930 $ 56,115 19,640 $ 36,475 $20.000 16.475 2. 2. 3 3 4 SMOLIRA GOLF 2008 and 2009 Balance Sheets Assets Liabilities and Owners' Equity 2008 2009 2008 2009 Current liabilities $21,860 $ 22,050 Accounts payable $ 19,320 $ 22,850 5 LO 6 7 Current assets Cash Accounts receivable Inventory Total 8 9 11,316 13,850 23,084 24,650 $56,260 $ 60,550 10,000 9,000 9,643 11,385 $ 38,963 $ 43,235 $ 75,000 $85.000 10 11 Notes payable Other Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings 12 13 $ 25,000 $ 25,000 14 15 151,365 167,840 Fixed assets Net plant and equipment 16 234,068 260,525 $176,365 $192.840 Total Total liabilities and owners' equity $290,328 $321.075 $290,328 $321,075 17 Total assets 18 19 Share Price 20 No. of Shares $105 per share 280 million D. Profitability Ratio 1 Profit Margin 2 Return on Assets 3 Return on Equity E. Market Value Ratio 1 Earning Per Share 2 PE Ratio 3 Price to Sales Ratio 4 Market to Book Value Ratio 5 Enterprise Value 6 EBITDA Ratio F. Payout and Retention Ratio 1 Divident Payout Ratio 2 Retention Ratio G. Internal Growth Rate
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