{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Project Part All In One - PROJECTPARTIII RationName...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
PROJECT PART III Ration Name 1) Payout Ratio=Cash Dividends Declared on Common Stock/Net Income Cash Dividends Declared on Common Stock Net Income 2) Return on Common Stockholders's Equity Ratio= (Net Income - Preferred Stock Dividend)/Ave. Common Stockholders' Equity Net Income Preferred Stock Dividend Ave. Common Stockholders' Equity 2007-Com. Stockholders' equity 2006-Com. Stockholders' equity 3) Free Cash Flow= Cash Provided by Operations - Capital Expenditures - Cash Dividends Cash Provided by Operations Capital Expenditures Cash Dividends 4) Current Cash Debt Coverage Ratio=Cash provided by operations/Ave. Current Liabilities Cash provided by operations Ave. Current Liabilities 2007-Current Liabilities 2006-Current Liabilities 5) Cash Debt Coverage Ratio=Cash provided by operations/Ave. Total Liabilities Cash Provided by operations Ave. Total Liabilities  Liability 2007  Liability 2006 6) Price/Earnings Ratio= Stock Price per share/Earnings per Share Stock Price per share Earnings per Share
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
TOOTSIE ROLL Industry HERSHEY Company 33.98% 117% 17,542 252,263 The low rate indicates that the company ret 51,625 214,154 its earning for future investment 20.78% 71.60% High ratio shows strong earning from stockh 51,625 214,154 46,520 0 24,572 299,090 TOOTSIE: Y2007=24,586; Y2006=24,558;  HERSEY: Y2007=299,095; Y2006=299,085 24,586 299,095 24,558 299,085 57,755 222,220 90,064 778,836 Free Cash available for paying dividends  14,767 304,353 or expanding operations, also indicates gre 17,542 252,263 to finance new investment and pay addition 1.5 0.51 90,064 778,836 High value indicates good liquidity.
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern