Beware Company Case 5
The data below pertain to the Beware Company for year 2014:
Selling price per unit
$
2.00
Total fixed manufacturing cost
$
8,400,000.00
Total fixed marketing and administrative cost
$
600,000.00
Variable manufacturing cost per unit
$
FSA Assignment
Peiying Li
Oct-26-2014
4.26 Analyzing the Profitability of a Service Firm.
Both the fixed asset turnover and the larger revenues per office increased slightly between Year 2 and
Year 3. The ROA of Kelly Services in Year 2 is 2.1%. Although
Financial reporting, financial statement analysis, and valuation
Case7-3
a.
(1) Consider the following ratios in your analysis:
A. Liabilities to Assets Ratio=Total Liabilities/Total Assets
B. Long-Term Debt to Shareholders Equity Ratio=Long-Term Debt/Tot
Financial Statement Analysis
Case Venator
1. Based on the document, the leverage ratio is 2.15 in 2002. Assume no debt is repaid and no
new debt is borrowed, I used 1998 balance sheet number to get estimated consolidated debt for
2012. The amount of debt
Peiying Li
3.19
a. As we know. The sales decline in the Year 5, and I think the declining sales in a
major problem of the operating problem. According to the Year 5 cash flow, we can
easily find that the accounts receivable and inventories are increasing
I use 35% as the interest rate for this case.
Question 1
For 2002:
the after-tax amount of late fees = (363.1 + 288.4 + 88) x (1-0.35) = 480.68
The free cash flow before adjustment = 1462.3 -1314.6= 147.7
The free cash flow after adjustment =147.7- 480.68
Peiying Li
Case 5.3
1. Altmans Z-Score
Year 10
Working Capital/Assets: 1.2[($4,707 $11,670)/$39,061]. (.21)
Retained Earnings/Assets: 1.4($2,149/$39,061).
.08
Earnings before Interest and Taxes/Assets: 3.3[($2,600 + $74+$76)/$39,061]. .23
Market Value Equ
Financial Statement Analysis
Pfizer Case
1. Original data
2. Adjusted data
3. Compared with the reported numbers in the original financial statement, the mean and
standard deviation for ROA and ROCE become lower after adjusted the R&D expense. While,
IC b
Peiying Li
Case 3.3
1.In 1971, W.T. Grants cash and marketable securities is $34,009, which is 4.21% of
total assets. Total assets in 1971 are $807,924. The percentage of cash compared with
total asset did not increase too much from 1971 to 1975; year to
1. How easy or difficult will it be for Venator to meet its convenants in 2002, assuming no debt is repaid?
Address this question by calculating how much EBIT and EBITDA Venator will need to produce by
2002, and compare to the actual performance in 1994-1
Pharma Case Study (M)
1. Please see attached spreadsheet to for adjusted data.
The formula to calculate adjusted R&D expense is as followed. Here I will show the method to
calculate adjusted R&D in 1995 as an example. This formula applies to the calculati
6.18
1. Construct revised net income for the three years by backing out the sale
of weight watchers and the other unusual item. How does the inference you
make from the revised numbers differ from the inference you make from
the original numbers?
Net Inco
Problem 4.25
Calculating and Interpreting Profitability Ratios
a. Calculate the ratios in Exhibit 4.37 for Year 5. The income tax rate is 35%.
Abercrombie & Fitch Financial Statement Ratio Analysis:
Year 5:
Profit Margin for ROA:
[$216 + (1 35%)($63)]/$2
12.16
Part Computing Coca-Colas Share Value Using Free Cash Flows to Common
Present Value Factors
Present Value Free Cash Flows
Sum of Present Value Free Cash Flows
Year+1
0.930
6,578.1
32,924.1
Year+2
0.865
6,722.1
Year+3
0.805
6,630.8
Year +4
0.749
6,54
ACGB 7125
Financial Statement Analysis
Fordham University
Final Project
Fall 2016
Prof. Young
Due December 6 (Beginning of final class -late reports will not be graded)
_
You will prepare a research report (not to exceed 10 pages, including all spreadshee
12.16 Free cash flows based valuation.
Part I:
a. Required rate of return = 3% + (0.75 * 6%) = 7.5%
b. From Exhibit 1, Coca-Cola could generate a significant amount of cash. In the long run,
the forecasts indicate that the operations will generate large a
Case 3
Part a.
1) Southwest 2007:
Liability to assets ratio = total liabilities/ total assets= (16772-6941)/ 16772= 58.6%
Long-term debt to shareholders equity ratio=long-term debt/ total shareholders
equity
=2050/ 6941=29.5%
Operating cash flow to averag
Zengsong Li
12.16 Free cash flows based valuation.
Part I:
a. Required rate of return = 3% + (0.75 * 6%) = 7.5%
b. From Exhibit 1, Coca-Cola could generate a significant amount of cash. In the long
run, the forecasts indicate that the operations will gene
Homework 4.25 Calculating and Interpreting
profitability Ratios.a. Calculate the ratios in Exhibit 4.37 for
Year 5. The income tax rate is 35%.
Profit Margin for ROA:[$216 + (1 0.35)($63)]/$2,021 = 12.7%
Assets Turnover:$2,021/[0.5($2,096 + $2,220)] = 0.9
Song Zhang
5.22
a.
PM=(Operating income + interest expense *( 1-tax rate)/Sales
T/O=Sales/avg assets
ROCE= NI/ avg CE
Leverage=NI-/NI+ * ATA/ACE
2008
2007
1.69%
2.81%
2.41
2.05
7.73%
12.53%
1.89
2.17
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Amrita Vyas
Homework Assignment #2
About Blockbuster Inc.
Blockbuster Inc. is a leading global provider of in-home rental and retail movie and
game entertainment; it has
BK Risk and Covenants
What is risk?
Equity Risk The uncertainty about the range of
outcomes, where outcomes are something like
the PV of future earnings
Credit risk The probability that you, the lender,
doesn't get paid back in full, on time.
Which is