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Triple A Office Mart

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Question;Triple A Office Mart;Income;Statement;1993;1994;1995;1996;Sales;$ 38,00,000;$ 41,80,000;$ 48,50,000;$ 60,00,000;Cost of goods sold;$ 24,60,000;$ 29,75,000;$ 32,00,000;$ 41,80,000;Gross profit;$ 13,40,000;$ 12,05,000;$ 16,50,000;$ 18,20,000;S A and depreciation;$ 6,84,000;$ 8,20,000;$ 8,98,408;$ 10,15,467;EBIT;$ 6,56,000;$ 3,85,000;$ 7,51,592;$ 8,04,533;Interest Expense;$ 30,780;$ 30,780;$ 42,372;$ 35,313;Profit before tax;$ 6,25,220;$ 3,54,220;$ 7,09,220;$ 7,69,220;Tax Expense;$ 1,87,566;$ 1,06,266;$ 2,12,766;$ 2,30,766;Net income;$ 4,37,654;$ 2,47,954;$ 4,96,454;$ 5,38,454;Balance;Sheet;Cash;$ 2,95,000;$ 3,26,040;$ 3,78,300;$ 4,68,000;Accounts Receivable;$ 11,400;$ 12,540;$ 20,700;$ 18,000;Inventory;$ 9,50,000;$ 10,28,595;$ 15,59,407;$ 17,35,207;Total current assets;$ 12,56,400;$ 13,67,175;$ 19,58,407;$ 22,21,207;PPE net;$ 4,50,000;$ 5,01,600;$ 5,01,600;$ 5,03,000;Total assets;$ 17,06,400;$ 18,68,775;$ 24,60,007;$ 27,24,207;Accounts payable;$ 1,52,000;$ 1,67,200;$ 1,90,000;$ 3,00,000;Notes payable;$ 2,89,776;$ 1,13,326;Accrued wages;taxes;$ 1,14,000;$ 1,25,000;$ 1,45,500;$ 1,80,000;Total current liabilities;$ 2,66,000;$ 2,92,200;$ 6,25,276;$ 5,93,326;Long-term debt;$ 3,42,200;$ 3,42,000;$ 3,42,000;$ 3,42,000;Total liabilities;$ 6,08,200;$ 6,34,200;$ 9,67,276;$ 9,35,326;Contributed Capital;$ 6,00,000;$ 6,00,000;$ 6,00,000;$ 6,00,000;Retained earnings;$ 4,98,200;$ 6,34,575;$ 8,92,731;$ 11,88,881;Total Shareholders Equity;$ 10,98,200;$ 12,34,575;$ 14,92,731;$ 17,88,881;Total liabilities & equity;$ 17,06,400;$ 18,68,775;$ 24,60,007;$ 27,24,207;NOTE: # Shares outstanding;1,20,000;1,20,000;1,20,000;1,20,000;Triple A Office Mart Ratios;1993;1994;1995;1996;Returnd on Equity;40%;20.08%;33.26%;30.10%;Return on Asset;25.65%;13.27%;20.18%;19.77%;Compound Annual Av. Rate;Profit Aftex Tax;$ 4,37,654;$ 2,47,954;$ 4,96,454;$ 5,38,454;Earnings per share;$ 3.65;$ 2.07;$ 4.14;$ 4.49;Dividends per share;Profit Margin;11.52%;5.93%;10.24%;8.97%;Current Ratio;3.67;4.68;3.13;3.74;Quick Ratio;1.15;1.16;0.64;0.82;Inventory Turnover;4;4.06379576;3.110156617;3.457800712;I need help finding dividends per share, compound average annual growth rate and receivable collection period for the assignment attached;R. collection period

 

Paper#43664 | Written in 18-Jul-2015

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