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Author Question: Patriot Auto Parts just reported an EPS of $2.70 on revenues of $660 million. The company has 12 ... (Read 27 times)

kaitlynndavis

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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.


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Marked as best answer by kaitlynndavis on Mar 29, 2022

swagmaster69

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kaitlynndavis

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Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review


Missbam101

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Reply 3 on: Yesterday
Excellent

 

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