Contemporary Engineering Economics (6th Edition)
6th Edition
ISBN: 9780134105598
Author: Chan S. Park
Publisher: PEARSON
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Chapter 2, Problem 4P
Table P2.4 shows financial statements for Apple Computer Corporation. The closing stock
- (a) Debt ratio
- (b) Times-interest-earned ratio
- (c) Current ratio
- (d) Quick (acid-test) ratio
- (e) Inventory-turnover ratio
- (f) Dav's-sales-outstandine
- (g) Total-assets turnover ratio
- (h) Profit margin on sales
- (i) Return on total assets
- (j) Return on common equity
- (k) Price/earnings ratio
- (l) Book value per share
TABLE P2.4 Financial Statements far Apple Computer (All numbers in thousands)
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ECONOMICS
At the end of 2011 Home Depot's total capitalization amounted to $29,031 million. In 2012 debt investors received interest income of $648 million. Net income to shareholders was $4,487 million. (Assume a tax rate of 35%.) Calculate the economic value added assuming its cost of capital is 10%. (Do not round intermediate calculations. Give your answer in millions rounded to 2 decimal places.)
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Contemporary Engineering Economics (6th Edition)
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