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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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