This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Patriot Auto Parts just reported an EPS of $2.70 on revenues of $660 million. The company has 12 ... (Read 47 times)

kaitlynndavis

  • Full Member
  • ***
  • Posts: 136
on: Mar 29, 2022

Question 1

Over the next 4 years, Gronk Co's earnings are expected to grow at an annual average rate of 7.5% per year.  Current EPS are $3.60 and the company's stock recently sold for $54 per share.  Gronk's PEG ratio is
◦ .5.
◦ 20.
◦ 2.0.
◦ 7.2.

Question 2

Patriot Auto Parts just reported an EPS of $2.70 on revenues of $660 million. The company has 12 million shares outstanding. Total assets are $570 million, current liabilities equal $117 million, and long-term debt is $183 million. Net fixed assets are worth $345 million. Given this information, which one of the following statements is correct?
◦ Patriot's net working capital is $108 million.
◦ Patriot's current ratio is 1.75.
◦ Patriot's total asset turnover is 3.67.
◦ Patriot's debt-equity ratio is 0.75.
Fundamentals of Investing ¦ Zutter, Smart ¦ 14th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kaitlynndavis on Mar 29, 2022

swagmaster69

  • Full Member
  • ***
  • Posts: 157
Reply #1 on: Mar 29, 2022
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.
Answer Preview
Only 58% of students answer this correctly


kaitlynndavis

  • Member
  • Posts: 136
Reply 2 on: Mar 29, 2022
Great answer, keep it coming :)

raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

The occurrence of flower parts in whorls. The occurrence of flower parts in whorls.
Parts of a muscle. Parts of a muscle.
Different parts of the body mature at different rates. “General” refers to the body as a whole: the Different parts of the body mature at different rates. “General” refers to the body as a whole: the
A Global Bloom: Cities With Over One Million Residents A Global Bloom: Cities With Over One Million Residents
Earth 340 Million Years Ago Earth 340 Million Years Ago
Several parts of the brain are involved in the interpretation of stress and responses on the part of Several parts of the brain are involved in the interpretation of stress and responses on the part of
Video: Interview with an Anorexic Woman (Part 2 of 2)

For a complete list of videos, visit our video library