Blackstone inc has net income of 9738 a tax rate of 35 and


Questions -

1. Blackstone, Inc., has net income of $9,738, a tax rate of 35%, and interest expense of $798. What is the times interest earned ratio?

2. ABC's balance sheet indicates a book value of shareholders' equity of $778,418. The firm's earning per share are $3 and the price-earnings ratio is 11.11. If there are 59,938 shares outstanding, what is the book value per share?

3. XYZ earned a net profit margin of 4.7% last year and had an equity multiplier of 3.1. If its total assets are $114 million and its sales are 163 million, what is the firm's debt ratio?

4. ABC's balance sheet indicates a book value of shareholders' equity of $837,801. The firm's earning per share are $2.5 and the price-earnings ratio is 12.88. If there are 41,276 shares outstanding, what is the market value per share?

5. XYZ has total sales of $185, assets of $109, return on equity of 35%, and net profit margin of 5%. What is the amount of equity?

6. ABC's balance sheet indicates a book value of shareholders' equity of $807,201. The firm's earning per share are $3 and the price-earnings ratio is 10.88. If there are 51,973 shares outstanding, what is the market-to-book ratio?

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Accounting Basics: Blackstone inc has net income of 9738 a tax rate of 35 and
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