80.2K
Verified Solution
Link Copied!
| Eagle Company | |
| Comparative Income Statements (000's omitted) | |
| For the Years Ended December 31, 20x8 and 20x7 | |
| | 20x8 | 20x7 | |
| Net Sales | $ 820 | $ 550 | |
| Cost of Goods Sold | 374 | 278 | |
| Gross Profit | 446 | 272 | |
| Operating Expenses | 120 | 112 | |
| Operating Income | 326 | 160 | |
| Interest Expense | 34 | 16 | |
| Income Before Income Taxes | 292 | 144 | |
| Income Taxes | 37 | 30 | |
| Net Income | $ 255 | $ 114 | |
| Earnings Per Share | $ 10.20 | $ 4.56 | |
| | | | |
| Eagle Company | |
| Comparative Balance Sheets (000's omitted) | |
| December 31, 20x8 and 20x7 | |
| Assets: | 12/31/20x8 | 12/31/20x7 | |
| Current Assets | $ 134 | $ 130 | |
| Property, Plant, and Equipment (net) | 840 | 510 | |
| Total Assets | $ 974 | $ 640 | 600 |
| | | | |
| Liabilities and Stockholders' Equity: | | | |
| Current Liabilities | 67 | 64 | |
| Long-Term Liabilities | 260 | 85 | |
| Total Liabilities | 327 | 149 | |
| Stockholders' Equity | 647 | 491 | 500 |
| Total Liabilities and Stockholders' Equity | $ 974 | $ 640 | |
| | | | |
| Common Stock: | 20x8 | 20x7 | |
| Market Price Per Share at 12/31 | $ 64.00 | $ 28.40 | |
| Cash Dividends Per Share | $ 4.00 | $ 5.25 | |
Debt Ratio: _____ (20x8) and ______ (20x7)
Times Interest Earned Ratio: _____ (20x8) and ______ (20x7)
Net Profit Margin Ratio: _____ (20x8) and ______ (20x7)
Gross Profit Ratio: _____ (20x8) and ______ (20x7)
Asset Turnover: _____ (20x8) and ______ (20x7)
Return on Assets: _____ (20x8) and ______ (20x7)
Return on Equity: _____ (20x8) and ______ (20x7)
Price/Earnings Ratio: _____ (20x8) and ______ (20x7)
Dividend Yield Ratio: _____ (20x8) and ______ (20x7)
Answer & Explanation
Solved by verified expert
