You are given the following information for Smashville, Incorporated Cost of goods sold $ 254,000 Investment income $ 3,000 Net sales $ 379,000 Operating expense $ 84,000 Interest expense $ 7,400 Dividends $ 17,000 Tax rate 21 Current liabilities $ 28,000 Cash $ 21,000 Long term debt $ 8,000 Other ...

Solution Here are the calculations for Smashville Inc Cost of Goods Sold 254000 Operating Expenses 8 ...

You are given the following information for Smashville, Incorporated. Cost of goods sold: $ 254,000 Investment income:

Fantastic news! We've Found the answer you've been seeking!

Question:

You are given the following information for Smashville, Incorporated.

Cost of goods sold:	$ 254,000
Investment income:	$ 3,000
Net sales:	$ 379,000
Operating expense:	$ 84,000
Interest expense:	$ 7,400
Dividends:	$ 17,000
Tax rate:	21%

Current liabilities:	$ 28,000
Cash:	$ 21,000
Long-term debt:	$ 8,000
Other assets:	$ 38,000
Fixed assets:	$ 169,000
Other liabilities:	$ 5,000
Investments:	$ 14,000
Operating assets:	$ 41,000

During the year, Smashville, Incorporated, had 17,000 shares of stock outstanding and depreciation expense of $16,000. At the end of the year, Smashville stock sold for $64 per share. Calculate the price-book ratio, price-earnings ratio, and price-cash flow ratio.