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Author Question: Balance SheetCFM Majestic Inc.Years 1 & 2 ($000,000s)Year 1Year ... (Read 28 times)

JMatthes

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Balance Sheet
CFM Majestic Inc.
Years 1 & 2 ($000,000s)
Year 1Year 2
Cash29.221.2
A/R108.2122.6
Inventory74.079.7
Total Current Assets211.4223.5
Fixed Assets, Net81.694.1
Goodwill159.6184.5
Total Assets452.6502.1
Accounts Payable46.450.5
Short-term Debt23.027.0
Total Current Liabilities69.477.5
Long Term Debt125.8128.5
Deferred income taxes14.018.6
Equity
Share Capital148.9151.8
Retained Earnings94.5125.7
Owners' Equity243.4277.5
Total Liabilities & Equity452.6502.1


Income Statement
CFM Majestic Inc.
Years 1 & 2 ($000,000s)
Year 1Year 2
Sales381.9416.3
COGS244.9278.9
SG&A59.763.8
Depreciation13.815.4
R & D5.34.3
EBIT58.253.9
Interest Expense7.37.9
Earnings before Income Tax50.946.0
Income Taxes17.314.8
Net Income33.631.2

Referring to the CFM Majestic financial statements, which is the bigger or more important determinant of the change in ROE?
◦ ROA
◦ The Equity Multiplier


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Marked as best answer by JMatthes on Apr 25, 2021

softEldritch

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JMatthes

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Reply 2 on: Apr 25, 2021
:D TYSM


sultana.d

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Reply 3 on: Yesterday
Wow, this really help

 

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