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Author Question: Balance SheetCFM Majestic Inc.Years 1 & 2 ($000,000s)Year 1Year ... (Read 37 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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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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JMatthes

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review


pratush dev

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Reply 3 on: Yesterday
Wow, this really help

 

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