This topic contains a solution. Click here to go to the answer

Author Question: Patriot Auto Parts just reported an EPS of $2.70 on revenues of $660 million. The company has 12 ... (Read 42 times)

kaitlynndavis

  • Full Member
  • ***
  • Posts: 136

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.


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
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
Thanks for the timely response, appreciate it


samiel-sayed

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

For a complete list of videos, visit our video library