In: Finance
You are given the following information for Smashville, Inc.
Cost of goods sold: | $ | 214,000 | |
Investment income: | $ | 2,200 | |
Net sales: | $ | 328,000 | |
Operating expense: | $ | 45,000 | |
Interest expense: | $ | 7,400 | |
Dividends: | $ | 8,000 | |
Tax rate: | 30 | % | |
Current liabilities: | $ | 16,000 |
Cash: | $ | 21,000 |
Long-term debt: | $ | 26,000 |
Other assets: | $ | 38,000 |
Fixed assets: | $ | 156,000 |
Other liabilities: | $ | 5,000 |
Investments: | $ | 42,000 |
Operating assets: | $ | 35,000 |
During the year, Smashville, Inc., had 17,000 shares of stock outstanding and depreciation expense of $14,000. At the end of the year, Smashville stock sold for $51 per share. Calculate the price-book ratio, price-earnings ratio, and the price-cash flow ratio.