Current ratio = Current assets/current liabilities = $1,085 million / $450 million = 2.41 2. Total Debt to equity = Total liabilities / Stockholder’s equity Total liabilities for 2009 = $1003 million Stockholder’s equity for 2009 = $1,845 million Ratio of total debt to stockholders’ equity for 2009 = $1,003/$1,845 = 54.36% 3. Gross profit rate = Gross profit / Sales Gross profit for 2009 = $2,362 million Gross margin percentage for 2009 = $2,362 / $3,540 = 66.72% 4. Return on sales = Net income / Sales Net income for 2009 = $272 million Sales for 2009 = $3,540 million Return on sales for 2009 = $272 / $3540 = 7.68% 5. Return on stockholders’ equity = Net income / Average stockholders’ equity Net income for 2009 = $272 million Average stockholders’ equity for 2009 = $1,732 million Return on stockholders’ equity for 2009 = $272 / $1,732 = 15.70% 6.
What would be the effect of this investment on Runyan’s 2011 net income? RUNYAH BAKERY General Journal ($ in million) Description Debit Credit Account Purchase Investment in Lavery labeling shares $324,000,000 Cash $324,000,000 Dividends Cash $20,000,000 Investment revenue $20,000,000 Adjusting entry Net unrealized holding gains and losses – OCI $14,000,000 Fair value adjusting $14,000,000 P 12-14 Classifying Investments __A___ 35% of the nonvoting preferred stock of American Aircraft
The three banks I have chosen for this activity are Wells Fargo, Bank of America, and Citi-- all three branch-type banks to make it an even match. I will be focusing on the next factors when deciding which bank I am most comfortable with : Saving accounts, CD rates, and top rate credit cards. 1) Saving Accounts Wells Fargo Wells Fargo’s top savings account (Way2Save Savings) has an APY of 0.01%, a monthly $5 fee, and a minimum balance to open at $25. Indeed, by investigating more I was able to disclose that the minimum amount required in a savings account to evade monthly fees is $300. Furthermore, the APY falls behind the national average of 0.13%.
For below RM 1 IPO listings, upper limit was set at 400% or 30 sen (cents), whichever is achieved first, and lower limit is 30 sen (cents). On 15 May, 2006 Bursa Malaysia’s circuit breaker rules were amended to facilitate more liquid trading of ABF Malaysia Bond Index Fund. Bursa Malaysia justifies this practice through claims of internal study of index movements over a period of time including instances of sudden and sustained deceleration of index as well as a comparative studies of international best practices (Asmar & Ahmad
Where the Company Issues Shares Panera’s common stock is traded under the title “PNRA” on the NASDAQ Global Select Market. The firm reported Q4 2014 diluted EPS of $1.82 and fiscal year 2014 Diluted EPS of $6.6413. As of 19/03/2015, PNRA has an overall market cap of
Partnership gross sales (including VAT) were £11.0bn, an increase of 2.5%, on last year (0.7% on a 53-week basis). Revenue, which is adjusted for sale or return sales and excludes VAT, was £9.7bn, up 2.2% (0.5% on a 53-week basis). Profit before Partnership Bonus and tax was £434.8m, up 26.1% on last year (up 24.0% on a 53-week basis). This includes exceptional income of £129.3m following the sale of the Clearings building (2014/15: income of £7.9m from release of remaining liabilities following the 2013/14 review of holiday pay policy). Excluding exceptional items, it was £305.5m, down by 9.3% (10.9% on a 53-week
M. Renduchintala oversubscribed thirteen,996 shares of Intel Corporation stock in a very transaction that occurred on Mon, July 31st. The stock was sold at a mean worth of $35.47, for a complete price of $496,438.12. Following the sale, the corporate executive currently directly owns one,536 shares within the company, valued at $54,481.92. The dealings was disclosed in a very document filed with the SEC, which may be accessed through this link. Also, CEO Brian M. Krzanich oversubscribed seventy two,173 shares of Intel Corporation stock in a very dealings that occurred on Mon, July 3rd.
66.60 26.80 38.80 49.20 Valuations FY 16 FY 17 (Est.) FY 18 (Est.) FY 19 (Est.) P/E (x) 33.3 82.9 57.3 45.1 Target P/E (x) 40.5 100.80 69.60 54.08 EV/EBITDA (x) 37.70 38.80 32 25.80 P / BV (x) 18 17.60 10.60 8.80 RONW (%) 54.1 21.30 18.60 19.60 ROCE (%) 14.40 15.60 15.50 17.40 Stock Data Particulars Rs. Face Value 10 Market Capitalization (in Crores) 32263.30 Total Debt (FY16) (in Crores) 3731.30 Cash (FY16) (in Crores) 154.70 EV (in Crores) 35,837.1 52 week H/L 2865, 1775 Equity Capital (in Crores) 145.30 Price Performance (%) 1 Month 3 Months 6 Months 12 Months Tilaknagar Industries -0.6 -12.40 -10.20 -19.10 Radico Khaitan 5 -18.80 29.60 4.30 United Spirits 18.90 -7.70 -8.30 -20.20 United Breweries 6.10 -11.80 3.70 2.50 Highlights/Observations • Gross Revenues grew 6% (YoY) & 17% QoQ to 7072.4 crore vs. estimated 6238 crore.
Question 1 1. Assumptions and Determinations Master Mining Pty(Ltd) has a Turnover of R35,500,000.00 this makes it a Qualifying Small Enterprises(QSE), so the Ownership Scorecard to be used is that of a QSE. In Defining the value of Master Mining Pty (Ltd), we will use the total issued shares multiply by the market value of the shares. = 120 * R1000.00 = R 120 000.00 which will translate to 100% of Master Mining Pty(Ltd): References 1& 2 Below are the assumptions, per Entity, that will enable us to calculate the Ownership: a) Trust for Employees 15 shares/120 shares = 12.5 % so the Trust’s value is worth 12.5 % of Master Mining. As this trust was set up for employees, they qualify for designated group, and new entrants.
Stock Fiserv Inc (FISV, #51) and Stock Total System Services Inc (TSS, #17) have been figured out to have a strong correlation of over 0.95. Take the entire year 2013 as the formation period, we can see the price ratio of these two stocks was hovering around 1.75. The first half of 2014 will be the tested trading period. As the chart shows, the price ratio of these two stocks went against the pattern of 2013, hiking up consistently from c. 1.75 to c. 1.95. Obviously if there is not consistent buy-in action, then a single position will be opened likely when the ratio rise up to 1.85.