Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. amandeep profit corporation 2018 statement of comp

Amandeep Profit Corporation 2018 Statement of comprehensive income (s in millions) Sales $8,800 Less: Costs...

90.2K

Verified Solution

Question

Accounting

image
image
Amandeep Profit Corporation 2018 Statement of comprehensive income (s in millions) Sales $8,800 Less: Costs 5,600 Depreciation 900 EBIT 2,300 Less: Interest 350 EBT 1,950 Less: Taxes 550 Net Income 1,400 Dividends 900 Addition to ret. Earnings 500 + Amandeep Profit Corporation 2017 and 2018 Statement of financial position (s in millions) 2017 2018 S170 $110 Accounts payable 500 700 Notes payable 1.240 1,000 Current liabilities 1,910 1,810 Long-term debt 2,000 3,500 Common stock (50 shares) Retained earnings $3,910 $5,310 Total lib. & equity 2017 $135 1,200 Cash Accounts rec. Inventory Current assets Fixed assets 1,335 2018 S120 1,400 1,520 2,620 200 970 $5.310 2,005 100 470 $3,910 Total assets the firm is currently carrying a price/earnings ratio of 2, what is the firm's approximate market price per share

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Find all zeros of the polynomial function. Use the Rational Zero Theorem, Decarte's Ruke of Signs,...

Basic Math
Q

1N - Part 1 In a functioning human eye, light enters the human eye through the lense...

Medical Sciences
Q

what assessment is done in a ventilator ? assess the ventilator for leaks - describe the...

Medical Sciences
Q

M4. Discussion: Frictionless World Topic In this module, we examined the concept of friction and how it affects...

Physics
Q

1.Write a brief definition of the three different modes of heat transfer. Give example for each...

Physics
Q

turning to the tational force 2011 Pre ts the earth ojected m rest and Or...

Physics
Q

Rewrite sin tan IW 4 0 W sin tan 4 as an algebraic expression in...

Basic Math
Q

Select the correct term for the symbol below margin or error population size population proportion...

Basic Math
Q

One of the effects of the discount amortization is...

Accounting
Q

How would you go about doing a per square footage cost model for a specific...

Accounting
Q

Question 1 (22 marks) Company A issued $3.12 million of 7-year 3% bonds at $2,755,244....

Accounting
Q

Case Background: ABC Manufacturing is a company that produces electronic gadgets. The management is currently...

Accounting