You are given the following information for Smashville, Inc. ...
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Accounting
You are given the following information for Smashville, Inc.
Cost of goods sold:
$
204,000
Investment income:
$
2,000
Net sales:
$
369,000
Operating expense:
$
80,000
Interest expense:
$
7,400
Dividends:
$
10,000
Tax rate:
40
%
Current liabilities:
$
16,000
Cash:
$
21,000
Long-term debt:
$
28,000
Other assets:
$
36,000
Fixed assets:
$
163,000
Other liabilities:
$
5,000
Investments:
$
40,000
Operating assets:
$
35,000
During the year, Smashville, Inc., had 17,000 shares of stock outstanding and depreciation expense of $12,000. At the end of the year, Smashville stock sold for $46 per share. Calculate the price-book ratio, price-earnings ratio, and the price-cash flow ratio. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
Price-book ratio
Price-earnings ratio
Price-cash flow ratio
Answer & Explanation
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