Question: pls answer all questions and dont use excel Use below information for Questions 5 to 10: Ath Inc, has reported its audited financial statements for


Use below information for Questions 5 to 10: Ath Inc, has reported its audited financial statements for the year-end 2018 in Table Table : Auditind Balance Sheet for 2018 YE Audited Dec 31, 2018 98 Balance Sheet Items Cash & marketable socurities Accounts receivable Inventories Gross property, plant & equipment Accumulated depreciation Accounts payable Short term debt Current portion of the long term debt Long term debt 195 250 1.700 310 94 140 45 608 Common stock 310 Paid in capital For 2019, the unaudited balance sheet and income statement are presented in Tables and respectively. Table Unaudited Balance Sheet for 2019 YE Balance Sheet Items Cash & marketable securities Before Audit Dec 31, 2019 105 Accounts receivable 215 310 1.840 320 110 Inventories Gross property, plant & equipment Accumulated depreciation Accounts payable Short term debt Current portion of the long term debt Long term debe Common stock Pald in capital 168 55 612 350 Table 3: Unaudited Income Statement for 2019 YE Before Audit Income Statement Items Dec 31, 2019 Sales Cost of goods sold Operating expenditures Interest expense Taxes 4.200 3,010 580 55 120 Upon analyzing the unaudited 2019 financials, Lemi Bey, the auditor of the Ath Inc., have found following incorrect journal entries Cash collection of $34 of accounts receivables have not been journalized, Sales of $20 on accounts receivable of items with a cost of 819 has been journalized twice Cash payment of $17 of short term debt has not been Journalized. Atle Inc. has adjusted the respective events and published its audited financial statements where assets are equal to linbilities and the stockholder's equity. Currently, Ath Inc.'s shares are trading at $18.45, and it has 356 shares outstanding. Ath Inc.'s current and expected dividend payout ratio is 95%. Return on risk free asset and market are 5.20% and 19,50%, respectively. 8 of Atli Inc. is estimated to be 1.42. Refer to page 294 of Week 12 material for required rate of return calculations. Calculate below according to December 31, 2019 audited financial statements. Q-5) Cash conversion cycle. Q-6) Debt-to-capital ratio (Not percent. For example, if you find 0.05, do not enter 5 or 5%. Enter 0.05). Q.7) Constant growth rate (Not percent. For example, if you find 0.05, do not enter 5 or 5%. Enter 0.06), Q-8) Value of Ath Inc, according to constant growth model. Q-9) Price-to-earnings multiple (Not percent. For example, if you find 0.05, do not enter 5 or 5%. Enter 0.05). Q-10) Price-to-book value multiple (Not percent. For example, if you find 0.05, do not enter 5 or 5%. Enter 0.05). Use below information for Questions 5 to 10: Ath Inc, has reported its audited financial statements for the year-end 2018 in Table Table : Auditind Balance Sheet for 2018 YE Audited Dec 31, 2018 98 Balance Sheet Items Cash & marketable socurities Accounts receivable Inventories Gross property, plant & equipment Accumulated depreciation Accounts payable Short term debt Current portion of the long term debt Long term debt 195 250 1.700 310 94 140 45 608 Common stock 310 Paid in capital For 2019, the unaudited balance sheet and income statement are presented in Tables and respectively. Table Unaudited Balance Sheet for 2019 YE Balance Sheet Items Cash & marketable securities Before Audit Dec 31, 2019 105 Accounts receivable 215 310 1.840 320 110 Inventories Gross property, plant & equipment Accumulated depreciation Accounts payable Short term debt Current portion of the long term debt Long term debe Common stock Pald in capital 168 55 612 350 Table 3: Unaudited Income Statement for 2019 YE Before Audit Income Statement Items Dec 31, 2019 Sales Cost of goods sold Operating expenditures Interest expense Taxes 4.200 3,010 580 55 120 Upon analyzing the unaudited 2019 financials, Lemi Bey, the auditor of the Ath Inc., have found following incorrect journal entries Cash collection of $34 of accounts receivables have not been journalized, Sales of $20 on accounts receivable of items with a cost of 819 has been journalized twice Cash payment of $17 of short term debt has not been Journalized. Atle Inc. has adjusted the respective events and published its audited financial statements where assets are equal to linbilities and the stockholder's equity. Currently, Ath Inc.'s shares are trading at $18.45, and it has 356 shares outstanding. Ath Inc.'s current and expected dividend payout ratio is 95%. Return on risk free asset and market are 5.20% and 19,50%, respectively. 8 of Atli Inc. is estimated to be 1.42. Refer to page 294 of Week 12 material for required rate of return calculations. Calculate below according to December 31, 2019 audited financial statements. Q-5) Cash conversion cycle. Q-6) Debt-to-capital ratio (Not percent. For example, if you find 0.05, do not enter 5 or 5%. Enter 0.05). Q.7) Constant growth rate (Not percent. For example, if you find 0.05, do not enter 5 or 5%. Enter 0.06), Q-8) Value of Ath Inc, according to constant growth model. Q-9) Price-to-earnings multiple (Not percent. For example, if you find 0.05, do not enter 5 or 5%. Enter 0.05). Q-10) Price-to-book value multiple (Not percent. For example, if you find 0.05, do not enter 5 or 5%. Enter 0.05)
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