FIN3113—Chapter 3 Working with Financial Statements 1. BC Corporation has 1‚800‚000 shares outstanding & earned $2‚700‚000 last year on assets of $20 million & equity of $15 million. What is the PE ratio for BC if the stock is currently selling at $18 per share? • 12 • EPS=$2‚700‚000/1‚800‚000=1.5 & PE is price per earnings (18/1.5)=12 2. Which of the following are traditional financial ratio categories? • Profitability ratios‚ financial leverage ratios‚ turnover ratios
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AMPY JAM An business plan submitted to the faculty of the Department of Business Administration and Entrepreneurship Cavite State University Imus-Campus‚ Imus City‚ Cavite in partial fulfillment of the requirements for the degree Bachelor of Science in Business Management. Prepared under the supervision of Mr. Sarge Millen Pilpil. INTRODUCTION Ampalaya‚ also known as bitter melon‚ is a crawling vine that grows well in tropical countries‚ particularly in the Philippines. The
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Time scale The Pliocene Epoch extends from 5.3 million years ago to 2.58 million years ago. This epoch was also a period of cooling down for the Earth after the warm time period of the Miocene Epoch. There was also more advanced primate development of the ancestors of humans. It follows the Miocene Epoch (23 million to 5.3 million years ago) and is followed by the Pleistocene Epoch (2.58 million to 11‚700 years ago). The Pliocene Epoch is a subdivision of the Neogene Period‚ which is a part of the
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English Communications Comparative Assignment Million Dollar baby and Cinderella Man Cinderella Man directed by Ron Howard and Million Dollar Baby directed by Clint Eastwood are two films about two individuals viewed as underdogs by society and the world of boxing who overcome the odds and achieve personal goals. In these two heroic tales we follow the lives of two passionate and determined fighters. Like all heroic tales we encounter a hero‚ a villain and a final showdown portrayed as a
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Doubtful accounts 1‚850 Net Accounts Receivable 163‚974 Inventories 499‚493 Securities (available for sale/at fair market value) 28‚250 Notes Receivable (due next year) 23‚000 Prepaid Expenses 16‚252 Total Current Assets……………………………………………………………………………………$773‚454 Non-Current Assets Investments in Warren Co. $87‚500 Land 125‚000 Building $975‚800 Accumulated Depreciation 341‚200 Net building
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of the most important parts of a business. Accounting information help investors predict the cash flows of the company and help them estimate their risk in investing in them. Shareholders of a company have a right to demand information about the financial stability of the company and managers satisfy this requirement with accounting information and reports (Ronen and Yaari 7). Earnings management has been a very controversial topic among business enterprises. In the accounting world‚ earnings management
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Teaching Note on How the Earnings Management Teaching Module Can Be Taught Teaching Aims of the Module The Earnings Management Teaching Module is designed to help faculty teach how companies might manipulate earnings to maximize revenues‚ minimize expenses‚ and/or create reserves by setting aside some earnings in the current period that can be released into income at a later period. The result is to overstate earnings and mislead shareholders and creditors about the success of the company
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‘Lucy’ Died 3 Million Years Ago. Maybe University of Texas has been working to figure out what sort of life “Lucy” has lived‚ but in their data they believe they have found the way that this early human died in late August. Lucy is the name of one of the earliest human skeletons to be found; she was discovered on the continent of Africa in Ethiopia. She falls under the class of hominine and dates backs 3.2 million years ago. She was discovered in 1974 and is one of the most complete hominine
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Financial Statement Restatement Paper Justina Kabanuk University of Phoenix ACC/537 Financial Accounting Steven Hall July 5‚ 2010 Financial Statement Restatement Paper Financial statement users depend on accurate financial statements from
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Introduction Indigo Books and Music Inc. (Indigo) is Canada’s largest book retailer and first cultural department store which operates in all ten provinces with the goal of inspiring their customers and the ones they care about with life-enriching products and experiences. The purpose of this report is to analyze the attainments of Indigo in the domain of promotional marketing‚ specifically pinpointing their competence in public relations. Furthermore‚ underlining how Indigo and several
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