This paper circulates around the core theme of Condensed balance sheet and income statement data for Sievert Corporation are presented here and on the next page.Compute these values and ratios for 2011 and 2012. together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 45. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
Condensed balance sheet and income statement data for Sievert Corporation are presented here and on the next page.
Cash 28,000 20,000
Receivables (net) 70,000 62,000
Other current assets 90,000 73,000
Long-term investments 62,000 60,000
Plant and equipment (net) 510,000 470,000
Total assets 760,000 685,000
Liabilities and Stockholders Equity
Current liabilities 75,000 70,000
Long-term debt 80,000 90,000
Common stock 330,000 300,000
Retained earnings 275,000 225,000
Total liabilities and stockholders equity 760,000 685,000
For the Years Ended December 31
Sales 750,000 680,000
Cost of goods sold 440,000 400,000
Operating expenses (including income taxes) 240,000 220,000
Net income 70,000 60,000
Cash from operating activities 82,000 56,000
Cash used for capital expenditures 45,000 38,000
Dividends paid 20,000 15,000
Average number of shares outstanding 33,000 30,000
Compute these values and ratios for 2011 and 2012.
(a) Earnings per share.
(b) Working capital.
(c) Current ratio.
(d) Debt to total assets ratio.
(e) Free cash flow.
(f ) Based on the ratios calculated, discuss briefly the improvement
or lack thereof in financial position and operating results from 2011 to
2012 of Sievert Corporation