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Assignment 1 This assignment will be worth 8% of your final grade. Please show your work in MS Word or MS Excel (if applicable). Please submit your assignment via the assignment folder no later than Sunday, June 16, 2013. All work must be done on your own.Good Luck! (1.5 points) Rickroll Juice Inc. has assets of $4,500,000, liabilities of $2,400,000, and $300,000 in preferred stock outstanding. There have been 300,000 shares of common stock issued. Compute the book value per share If the firm has earnings per share of $2. Document Preview: Assignment 1 This assignment will be worth 8% of your final grade. Please show your work in MS Word or MS Excel (if applicable). Please submit your assignment via the assignment folder no later than Sunday, June 16, 2013. All work must be done on your own.Good Luck! (1.5 points) Rickroll Juice Inc. has assets of $4,500,000, liabilities of $2,400,000, and $300,000 in preferred stock outstanding. There have been 300,000 shares of common stock issued. Compute the book value per share If the firm has earnings per share of $2.50 and a P/E ratio of 8, what is the stock price per share? What is the ratio of market value per share to book value per share? Which value is considered more of a primary concern to the financial manager, security analyst and stockholders? (2 points) Calculate the 13 different financial ratios found in Chapter 3 given the following information (assume a 360 day year): Jason Corporation Balance Sheet 12/31/2012 Assets Current Assets: Cash $150,000 Marketable securities 80,000 Accounts receivable (net) 520,000 Inventory 410,000 Total current assets 1,160,000 Investments 240,000 Net plant and equipment 900,000 Total assets 2,300,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable 275,000 Notes payable 150,000 Accrued taxes 65,000 Total current liabilities 490,000 Long-term liabilities: Bonds payable 460,000 Total liabilities 950,000 Stockholders equity Preferred stock, $100 par value 300,000 Common stock, $5 par value 100,000 Capital paid in excess of par 420,000 Retained earnings 530,000 Total stockholders equity 1,350,000 Total liabilities and stockholders' equity 2,300,000 Jason Corporation Income Statement For the Year Ending 12/31/2012 Sales (on credit) $5,200,000 Less: Cost of goods sold 3,300,000 Gross profit 1,700,000 Less: Selling and admin expenses* ... Attachments: Assignment-1-....docx

 

Solution ID:565848 | This paper was updated on 26-Nov-2015

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