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28 Sep 2019
The Clark W Grizwald Holiday Company reported thefollowing financial information for its most recent fiscalyear: Income Statement, for Fiscal Year 2013 Complete the following table: (in millions) Revenues $2,500 Return on assets Cost of goods sold $1,000 Return on equity Selling, general, and administrative expenses $255 Gross profit margin Earnings before interest and taxes $1,245 Net profit margin Interest expense $75 Equity multiplier Earnings before taxes $1,170 Dividend yield Taxes $75 Debt-equity ratio Net income $1,095 Days sales outstanding Inventory turnover Balance Sheet, as of December 31, 2013 Receivables turnover (in millions) Cash and cash equivalents $65 Accounts receivable $55 Inventory $195 Net plant, property, and equipment $1,250 Intangible assets $100 Total assets $1,665 Current liabilities $165 Long-term debt $500 Shareholders' equity $1,350 Total liabilities and shareholders' equity $2,015 Additonal information available for the company isalso available: (in millions) Market value of equity $700 Market value of debt $400 Dividends $30 Number of shares outstanding 10
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Casey DurganLv2
28 Sep 2019