Question

You are given the following information for Smashville, Inc.

Cost of goods sold:	$229,000
Investment income:	$2,500
Net sales:	$374,000
Operating expense:	$82,000
Interest expense:	$7,400
Dividends:	$9,000
Tax rate:	21	%

Current liabilities:	$18,000
Cash:	$21,000
Long-term debt:	$23,000
Other assets:	$41,000
Fixed assets:	$166,000
Other liabilities:	$5,000
Investments:	$45,000
Operating assets:	$37,000

  

During the year, Smashville, Inc., had 17,000 shares of stock outstanding and depreciation expense of $17,000. At the end of the year, Smashville stock sold for $54 per share. Calculate the price-book ratio, price-earnings ratio, and price-cash flow ratio. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Answer 1