Finance Chapter 3 6 Lumber Has Earnings Per Share 121

subject Type Homework Help
subject Pages 9
subject Words 324
subject Authors Bradford Jordan, Randolph Westerfield, Stephen Ross

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87.
BL Lumber has earnings per share of $1.21. The firm's earnings have been
increasing at an average rate of 3.1 percent annually and are expected to
continue doing so. The firm has 21,500 shares of stock outstanding at a
price per share of $15.60. What is the firm's PEG ratio?
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88.
Townsend Enterprises has a PEG ratio of 5.3, net income of $49,200, a
price-earnings ratio of 17.6, and a profit margin of 7.1 percent. What is the
earnings growth rate?
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89.
A firm has total assets with a current book value of $68,700, a current
market value of $74,300, and a current replacement cost of $79,200. What is
the value of Tobin's Q?
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90.
Dixie Supply has total assets with a current book value of $368,900 and a
current replacement cost of $486,200. The market value of these assets is
$464,800. What is the value of Tobin's Q?
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91.
Dandelion Fields has a Tobin's Q of .96. The replacement cost of the firm's
assets is $225,000 and the market value of the firm's debt is $101,000. The
firm has 20,000 shares of stock outstanding and a book value per share of
$2.09. What is the market to book ratio?
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92.
A firm has annual sales of $320,000, a price-earnings ratio of 24, and a
profit margin of 4.2 percent. There are 14,000 shares of stock outstanding.
What is the price-sales ratio?
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93.
Lassiter Industries has annual sales of $220,000 with 10,000 shares of stock
outstanding. The firm has a profit margin of 6 percent and a price-sales
ratio of 1.20. What is the firm's price-earnings ratio?
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94.
The Burger Hut has sales of $29 million, total assets of $43 million, and
total debt of $13 million. The profit margin is 11 percent. What is the return
on equity?
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95.
The Home Supply Co. has a current accounts receivable balance of
$280,000. Credit sales for the year just ended were $1,830,000. How many
days on average did it take for credit customers to pay off their accounts
during this past year?
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96.
BL Industries has ending inventory of $300,000, and cost of goods sold for
the year just ended was $1,410,000. On average, how long does a unit of
inventory sit on the shelf before it is sold?
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97.
Coulter Supply has a total debt ratio of 0.52. What is the equity multiplier?
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98.
High Mountain Foods has an equity multiplier of 1.55, a total asset turnover
of 1.3, and a profit margin of 7.5 percent. What is the return on equity?
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99.
Lancaster Toys has a profit margin of 7.5 percent, a total asset turnover of
1.71, and a return on equity of 21.01 percent. What is the debt-equity ratio?
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100.
Charlie's Chicken has a debt-equity ratio of 2.05. Return on assets is 9.2
percent, and total equity is $560,000. What is the net income?

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