Calculate Joshua & white Tech's capital requirement (CR) ratio in 2019? Joshua & While Technologies: December 31

Calculate Joshua & white Tech's capital requirement (CR) ratio in 2019?

Transcribed Image Text:

Joshua & While Technologies: December 31 Balance Sheets (Thousands of Dollars) Assets Cash and cash equivalents Short-term Investments Accounts Receivable Inventories Total current assets Net fixed assets Total assets Liabilides and equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total llabilities Common stock Retained Earnings Total common equlty Total llabilities and equity Sales COGS except excluding depr. and amo Depreciation and Amortization Other operating expenses EBIT Interest Expense EST Taxes (25%) Net Income Common dividends Addition to retained earnings Other Data Year-end Stock Price # of shares (Thousands) Tax Rate 2019 $21,000 3,759 52,500 84,000 $161,259 223,097 5384.356 Lease payment (Thousands of Dollars) WACC $33,600 12,600 19,929 $66,129 67.662 $133,791 178,440 72.125 $250,565 5384.355 Joshua & White Technologies December 31 Income Statemente (Thousands of Dollars) 2015 $420,000 300,000 19,660 27,600 $72,740 5,740 $67,000 16.750 550.250 2018 $20,000 3,240 48,000 56,000 $127,240 200,000 $327 240 2019 $90.00 4,052 25% $20.000 10% $32,000 12,000 6,480 $50,480 58.320 $108,800 178,440 40,000 $218,440 5327 240 2018 $400,000 298,000 18,000 22,000 $62,000 4.460 $57,540 14.385 $34.524 $18,125 $17,262 $32,125 517,262 2018 $96.00 4,000 25% $20,000 10% Joshua & While Technologies: December 31 Balance Sheets (Thousands of Dollars) Assets Cash and cash equivalents Short-term Investments Accounts Receivable Inventories Total current assets Net fixed assets Total assets Liabilides and equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total llabilities Common stock Retained Earnings Total common equlty Total llabilities and equity Sales COGS except excluding depr. and amo Depreciation and Amortization Other operating expenses EBIT Interest Expense EST Taxes (25%) Net Income Common dividends Addition to retained earnings Other Data Year-end Stock Price # of shares (Thousands) Tax Rate 2019 $21,000 3,759 52,500 84,000 $161,259 223,097 5384.356 Lease payment (Thousands of Dollars) WACC $33,600 12,600 19,929 $66,129 67.662 $133,791 178,440 72.125 $250,565 5384.355 Joshua & White Technologies December 31 Income Statemente (Thousands of Dollars) 2015 $420,000 300,000 19,660 27,600 $72,740 5,740 $67,000 16.750 550.250 2018 $20,000 3,240 48,000 56,000 $127,240 200,000 $327 240 2019 $90.00 4,052 25% $20.000 10% $32,000 12,000 6,480 $50,480 58.320 $108,800 178,440 40,000 $218,440 5327 240 2018 $400,000 298,000 18,000 22,000 $62,000 4.460 $57,540 14.385 $34.524 $18,125 $17,262 $32,125 517,262 2018 $96.00 4,000 25% $20,000 10%

Answer rating: 100% (QA)

To calculate Joshua White Technologies Capital Requirement CR ratio ... View the full answer