2014 2015
BALANCE SHEETS:
Cash 100,000 160,000
Accounts Receivable 540,000 620,000
Inventory 325,000 290,000
Fixed Assets, net 390,000 510,000
Total Assets 1,355,000 1,580,000
Liabilities and Equity:
Accounts Payable 350,000 355,000
Long-term Debt 500,000 645,000
Common Stock 50,000 75,000
Retained Earnings 455,000 505,000
Total Liabilities and Equity 1,355,000 1,580,000
INCOME STATEMENT:
Revenue 3,500,000
Cost of Goods Sold 2,275,000
General and Administrative 525,000
Depreciation Expense 120,000
Earnings Before Interest and Taxes 580,000
Interest Expense 40,000
Pretax Net Income 540,000
Income Taxes 187,000
Net Income 353,000
What was Plyler’s Quick Ratio at the end of 2015?
What was Plyler’s Debt to Equity Ratio at the end of 2015? (Exclude AP from Debt)
What was Plyler’s Times Interest Earned Ratio in 2015?
Assuming that all of Plyler’s sales were on credit, how many days, on average, did it take the firm to sell its inventory in 2015? (For balance sheet accounts, use the average of the beginning and end-of-year balances).
Assuming that all of Plyler’s sales were on credit, what was the company’s Days Sales Outstanding in 2015? (For balance sheet accounts, use the average of the beginning and end-of-year balances).
Starting with Net Income, show the calculation of Cash Flow from Operations for Plyler for 2015?
What was Plyler’s Equity Multiplier for 2015?
What was Plyler’s Return on Equity in 2015 (For balance sheet accounts, use the average of the beginning and end-of-year balances)?
If Plyler had 100,000 common shares outstanding during 2015 and its stock is currently worth $44.52 per share, what is the firm’s Price : Earnings (PE) ratio?
If Plyler projects 2016 sales to increase by 15% over 2015, its after-tax profit margin to remain the same, and anticipates a 30% dividend payout ratio, what are its projected retained earnings by the end of 2016?
Assuming that Plyler’s net working capital varies directly with sales, based on a 15% sales increase in 2016, what is the projected (or pro forma) accounts receivable balance at the end of 2016?
If Plyler projects that by the end of 2015, it was operating at 70% of capacity, what is its full level capacity of sales?
Stop and Shop Supermarkets has a 4.5% profit margin and a 15% dividend payout ratio. The total asset turnover is 1.6 and its debt-equity ratio is 0.5. What is its sustainable rate of growth?
Merrick Town Bagel has a 9% percent return on assets and a 70% percent retention ratio. What is its internal growth rate?