Question
In: Finance
General Mills has the following financial information: Sales: 16.87 Billion Net income: 1.75 Billion Free Cash...
General Mills has the following financial information:
Sales: 16.87 Billion
Net income: 1.75 Billion
Free Cash Flows: 2.27 Billion
Total Book Equity: 7.37 Billion
Price Per Share: $60.15
Shares Outstanding: 0.6061 Billion
Benchmarks:
Price / Earnings: 19.52
Price / FCF: 12.93
Price / Sales: 2.01
Price / Book: 2.92
Given the provided information, calculate the comparable
valuation price for General Mills based on Price / Sales. (Round to
3 decimals)
Solutions
Expert Solution
Answer :
Comparable valuation price = Benchmark Price/Sales Ratio * General Mill Sales per share
Comparable valuation price = 2.01 * (16.87/0.6061)
Comparable valuation price = 55.946
jeff jeffy answered 2 years agoRelated Solutions
General Mills has the following financial information: Sales: 16.87 Billion Net income: 1.75 Billion Free Cash...
General Mills has the following financial information:
Sales: 16.87 Billion
Net income: 1.75 Billion
Free Cash Flows: 2.27 Billion
Total Book Equity: 7.37 Billion
Price Per Share: $60.15
Shares Outstanding: 0.6061 Billion
Benchmarks:
Price / Earnings: 19.52
Price / FCF: 12.93
Price / Sales: 2.01
Price / Book: 2.92
Given the provided information, calculate the comparable
valuation price for General Mills based on Price / Book Equity.
(Round to 3 decimals)
A company has $20 billion of sales and $1 billion of net income. Its total assets...
A company has $20 billion of sales and $1 billion of
net income. Its total assets are $10 billion. The company’s total
assets equal total invested capital, and its capital consists of
half debt and half common equity. The firm’s interest rate is 5%,
and its tax rate is 25%.
What is its profit margin?
What is its ROA?
What is its ROE?
What is its ROIC?
Would this firm’s ROA increase if it used less
leverage? (The size of...
Question 21 In 2012, MegaStores reported net income of $5.7 billion, net sales of $164.7 billion,...
Question 21
In 2012, MegaStores reported net income of $5.7 billion, net
sales of $164.7 billion, and average total assets of $61.0 billion.
What is MegaStores' asset turnover ratio?
Question 21 options:
A. 0.37 times
B. 0.09 times
C. 2.7 times
D. 10.7 times
Question 22
On January 2, 2012, York Corp. replaced its boiler with a more
efficient one. The following information was available on that
date:
Purchase price of new boiler
$170,000
Carrying amount of old boiler
$10,000...
Nickle Corporation has related the following financial information: 2017 2016 Sales 930,000 900,000 Net operating income...
Nickle Corporation has related the following financial
information:
2017
2016
Sales
930,000
900,000
Net operating income
232,500
200,000
Operating assets
300,000
320,000
Margin for 2017 is
You must enter your answer in the following format:
xx%
Turnover for 2017 is
You must enter your answer in the following format:
x.x
ROI for 2017 is
You must enter your answer in the following format:
xx%
Formulating Financial Statements from Raw Data Assume the following is selected financial information from General Mills,...
Formulating Financial Statements from Raw Data
Assume the following is selected financial information from General
Mills, Inc., for its fiscal year ended May 25, 2014 ($
millions):
Cash and Cash Equivalents
$867.3
Net Cash from Operations
2,541.0
Sales
17,909.6
Stockholders' Equity
7,005.4
Cost of Goods Sold
11,539.8
Net Cash from Financing
(1,824.1)
Total Liabilities
16,140.3
Other Expenses, including income taxes
4,508.5
Noncash Assets
22,278.4
Net Cash from Investing
(561.8)
Net Income
1,861.3
Effect of exchange rate changes on cash
(29.2)...
Formulating Financial Statements from Raw Data Following is selected financial information from General Mills, Inc., for...
Formulating
Financial Statements from Raw Data
Following is selected financial information from General Mills,
Inc., for its fiscal year ended May 29, 2016 ($ millions):
*Cash
from financing activites includes the effects of foreign exhange
rate fluctuations.
Revenue
$16,563.1
Cost of goods sold
$10,733.6
Cash from operating activities
2,629.8
Cash, ending year
763.7
Cash, beginning year
334.2
Total liabilities
16,405.2
Stockholders' equity
5,307.1
Cash from investing
activities
93.4
Noncash assets
20,948.6
Total expenses (other
than cost of goods sold)
4,092.7...
Formulating Financial Statements from Raw Data Following is selected financial information from General Mills, Inc., for...
Formulating Financial Statements from Raw
Data
Following is selected financial information from General Mills,
Inc., for its fiscal year ended May 25, 2003 ($ millions):
Revenue
$10,506
Cash from operating activities
1,631
Cash, beginning year
975
Stockholders' equity
4,475
Noncash assets
17,524
Cash from financing activities
(885)
Cost of goods sold
6,109
Total expenses (other than cost of goods sold)
3,480
Cash, ending year
703
Total liabilities
13,752
Cash from investing activities
(1,018)
Prepare the income statement, the balance sheet,...
Formulating Financial Statements from Raw Data Following is selected financial information from General Mills, Inc., for...
Formulating Financial Statements from Raw Data
Following is selected financial information from General Mills,
Inc., for its fiscal year ended May 29, 2011 ($ millions):
Revenue
$ 14,880.2
Cash from operating activities
1,526.8
Cash, beginning year
673.2
Stockholders' equity
6,612.2
Noncash assets
18,054.9
Cash from financing activities*
(865.3)
Cost of goods sold
8,926.7
Total expenses (other than cost of goods sold)
4,155.2
Cash, ending year
619.6
Total liabilities
12,062.3
Cash from investing activities
(715.1)
*Cash from financing activities includes the...
STU Company has the following financial information for its most recent period. Free Cash Flows (Cash...
STU Company has the following financial information for its most
recent period.
Free Cash Flows (Cash flows to the firm) $325,000
Equity Cash Flows (Cash flows to equity) $230,000
Market value of debt $481,000
A search of comparable firms ("comps") indicated the following
price multiples.
Guideline Company Analysis
Price / Earnings
(P/E)
Price / EBITDA
Comp #1
9.3
6.7
Comp #2
9.1
7.8
Comp #3
7.2
7.0
Comp #4
9.1
8.2
Comp #5
10.0
7.7
Comp #6
6.8
6.9
Comp...
Following is selected financial information from General mills, Inc., for its fiscal yeah ended May 27,...
Following is selected financial information from General mills,
Inc., for its fiscal yeah ended May 27, 2018($millions):
Cash and cash equivalents...$ 399
Nat cash from operations...2,841
Sales...15,740.4
Stockholders' equity...6,492.4
costs of good sold...10,312.9
net cash from financing...5,445.5
total liabilities...24,131.6
other expenses, including income tax...3,264.5
noncash assest...30,225
net cash from investing...(8,685.4)
net income...2,163.0
effect of exchange rate changes on cash...31.8
cash, beginning year...766.1
a. prepare income statement, balance sheet, and statement of
cash flows for General Mills, Inc.
b. What portion...
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