Cryptic Inc. declared a dividend of $4,000 for the year. Their sales are $93,000, EBIT is $4,000 and net income is $15,000. What is the retention ratio for Cryptic Inc.?
You are the Chief Financial Officer (CFO) of Rafa Inc. Apart…
You are the Chief Financial Officer (CFO) of Rafa Inc. Apart from financial reporting to the board of directors (BOD), it is your duty to manage the finances of the company and the risks attached to them. You want to evaluate how your firm is doing over time. For that purpose, you want to use the following financial statement data and calculate some important ratios. (Amounts are in millions of US dollars except for Average market price of the stock.) Financials 2021 2020 2019 Sales $2,450 $2,100 $1,950 EBIT 1990 1630 1585 Interest paid 151 147 156 Net income 171.5 130.2 -50.4 Current assets 620 802 896 Current liabilities 465 526.5 447 Long term debt 896 597 476.8 Total assets 3100 3510 2980 Average market price of the stock $35 $19 $14 No. of shares outstanding 100 100 100 What is the times interest earned ratio for 2021?
Vancouver is a reference style that uses numbers as in-text…
Vancouver is a reference style that uses numbers as in-text citations.
Which platform authenticates you to access electronic books…
Which platform authenticates you to access electronic books & journal articles?
A candle made of a certain wax blend burns at a rate of 34.0…
A candle made of a certain wax blend burns at a rate of 34.0 milligrams/minute. What is the value of this burn rate if expressed in grams/hour?
Element Symbols and Names. Provide the missing element names…
Element Symbols and Names. Provide the missing element names and symbols below. SPELLING and CAPITALIZATION COUNT 1. Cr 4. germanium 2. Kr 5. arsenic 3. Na 6. silicon
Liquid mercury has a density of 13.53 g/mL. What is the mass…
Liquid mercury has a density of 13.53 g/mL. What is the mass of mercury in a 65.7-mL sample?
Approximately 75 ml of blood is pumped by a normal human hea…
Approximately 75 ml of blood is pumped by a normal human heart at each beat. Assuming an average pulse of 72 beats per minute, how many milliliters of blood are pumped in one day? Include units and unit labels on your work and your final answer. Report your answer with the correct number of significant digits.
What was a significant outcome of the Triangle Shirtwaist Fa…
What was a significant outcome of the Triangle Shirtwaist Factory fire in 1911?
How did the National American Women’s Suffrage Association (…
How did the National American Women’s Suffrage Association (NAWSA) adapt its strategies under the leadership of Carrie Chapman Catt?