Debt payment of dividends cash used for financing

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Unformatted text preview: alance, December 31, 20x4 Ending Cash Balance, December 31, 20x5 Supplemental cash flow information Cash payments for income taxes Cash payments for interest Noncash investing and financing activities Exchanged 40,000 shares of common stock for a piece of land. $70,497 10,000 (9,110) (60,000) (1,000) 100,000 (5,200) (2,000) 12,107 115,294 (10,000) (10,000) (20,000) (13,000) (33,000) 72,294 50,000 $122,294 $18,107 9,600 40,000 MRyan Ratios Price/Earnings Ratio = Accounts Receivable Turn = Average Collection Period = Inventory Turn = Return on Assets = $60.00 / $0.68 = 87.95 $280,000 / ((($60,000-$1,000) + ($69,500-$1,390))/2)= 365 / 4.41 = 83 days $140,000 / (($50,000 + $110,000)/2) $70,497 / ($349,000 + $531,404)/2) Debt/Equity Ratio = $228,107 / Return on Equity = $70,497 / (($205,800 + $303,297) / 2) Current Ratio = The stock is selling at over 92 times earnings, which is very high. If you pay $60 for a share of stock in this company and earnings remain constant, you would be earning only 1.08%...
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This document was uploaded on 03/23/2014.

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