II) See the following set of Financial Statements and answer the following set of questions....
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II) See the following set of Financial Statements and answer the following set of questions. (each correct answer is worth 1pt. total for section is 17 points) A) Perform a complete ratio analysis for 2015 (yes all 14 of them!) using the formulas contained in the Ratio sheet of the file in course documents called "Allied Financials The ratios sheet is the first page of this document_(You can omit the EBITDA Coverage ratio and the Price/Cash flow ratios) B) Determine Earnings Per Share (number of shares outstanding is 47,335) C) Determine P/E Multiplier (again there are 47,335 shares outstanding) D) Determine Market Book Ratio (market value of stock is $240 per share) Gateway Widget Company Income Statement Sales COGS Gross Profit Selling and Admin Expenses EBIT Interest Exp EBT Taxes FYE 2015 $ 2,869,164 $ 1,291,124 $ 1,578,040 $ 250,000 $ 1,328,040 $ 150,000 $ 1,178,040 $ 42.000 FYE 2014 $ 2275.000 $ 910,000 $ 1,365,000 $ 240,000 $ 1,125,000 $ 152,500 $ 972,500 $ 29,625 Net Income $ 1.186.040 $942.875 $ Balance Sheet Assets Current Assets Cash Marketable Securities Accounts Receivable Inventory Total Current Assets Fixed Assets Plant and Equipment Net Total Fixed Assets FYE 2005 90,845 10,000 276,000 $ FYE 2004 $ 98,845 $ 10,000 $ 150,000 $ 147.500 $ 406,345 $ $ $ 337.875 714,720 $ $ 6,665,695 6,665,695 $ $ 5.767.655 5,767,655 Total Assets 7.380415 $ 6.174.000 Liabilities Current Liabilities Accounts Payable Notes Payable $ 200,000.00 $ 104,625 Total Current Liabilities $ 200,000.00 $ 104,625 Long Term Liabilities Long Term Notes Total Long Term Liabilities $ 1.500.000 $ 1.500 non $ 1.525.000 $ 1.525 non Total Liabilities $ 1700 non S 1629 625 Equity Paid in Capital Retained Earnings Current Earnings Total Equity $ 50,000 $ 4,494,375 $ 50,000 $ 3.551.500 S 1,136,040 $ 56R0 4 15 $ 942,875 $ 4,544,375 $ Total Liabilities and Equity $ 7.322.415. $ 6.174.000
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