Question: Going over my old homework: question is about the Market-to-Book Ratio! I got a different answer and I was not sure if I should round

 Going over my old homework: question is about the Market-to-Book Ratio!
I got a different answer and I was not sure if I
Going over my old homework:
question is about the Market-to-Book Ratio! I got a different answer and I was not sure if I should round or not!
should round or not! S&S AIR, INC. 2012 Balance Sheet Assets Current

S&S AIR, INC. 2012 Balance Sheet Assets Current assets Cash Accounts receivable Inventory Total current assets $ 396,900 637,560 933,400 $ 1,967.860 Liabilities and Equity Current liabilities Accounts payable $ 844,550 Notes payable 1.928.500 Total current liabilities $ 2,773,050 Fixed assets Long-term debt 5,050,000 Net plant and equipment $15,411,620 Shareholder equity Common stock Retained earnings Total equity Total liabilities and equity Total assets $ 322,500 9,233,930 $ 9,556,430 $17,379,480 $17,379,480 ADDITIONAL INFORMATION: There are 1,000,000 shares of common stock outstanding, and the stock trades for $30.00 per share. S&S AIR, INC. 2012 Income Statement Sales Cost of goods sold Other expenses Depreciation EBIT Interest Taxable income Taxes (40%) Net income Dividends $560,000 Add to retained earnings 1,285,242 $36,599,300 26,669,496 4,641,000 1,640,200 $ 3,648,604 573,200 $ 3,075,404 1,230,162 $ 1,845,242 hat are "common-sized" financial statements? ith common_sized financial statements the line items are expressed as 2. Given the balance sheet, income statement, and additional information all of which may be found on the next page for S&S Air Inc., calculate the following for the company: Current Ratio Inventory Turnover Days-CGS-in Inventory Receivables Turnover Days-Sales-in-Receivables Long-term Debt-to-Capital Times-Interest-Earned Profit Margin Return on Assets Return on Equity Earnings per share Price-Earnings (PE) Ratio Market-to-Book Ratio .71x 28.57 12.8 days 57.41 6.36 days .35x 6.37x 5.04% 10.62% 19.31% $1.85 16.2x 3.14x TI-84 Plus TEXAS INSTRUMENTS 3@(17397480-78 3.13E-6 STAY PLOT F1 TBLSET F2 FORMAT F3. CALC F4 TABLE F5 Ye GRAPH WINDOW ZOUT TRACE QUIT INS 2ND MODE DEL A-LOCK

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!