Question

In: Accounting

Find the requied data : General Electric Clorox AT&T    Current Share Price    Long-Term Debt...

Find the requied data :
General Electric Clorox AT&T
   Current Share Price
   Long-Term Debt (in millions)
   Equity (in millions)
   Debt-to-Equity Ratio
   Net Income (in millions)
EPS 2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018 if avaliable
   Beginning REs (in millions) 2008
   Beginning # of Shares (in millions) 2008
   Ending REs (in millions) 2017
ROE 2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018 if avaliable
   LT Gov't Bond Interest Rate 2017-2018 if avaliable
   # of Outstanding Shares (in millions) 2017-2018 if avaliable
   Low P/E for last 5 years
   High P/E for last 5 years
   Total Equity (in millions)
   Dividends: 2008
      (per share) 2009
2010
2011
2012
2013
2014
2015
2016
2017
2018 if avaliable

Solutions

Expert Solution

General Electric Clorox AT&T
Current share price $9.86 $148.70 $30.52
Long-term debt 109,933 1,796 125970
Equity 64,263 118 140860
Debt-equity ratio 1.710673327 15.220339 0.894292
Net income 13,057 580 29450
EPS 2008 -3.6 3.79 2.16
2009 -0.72 4.24 2.05
2010 0.89 4.02 3.35
2011 -0.62 4.09 0.66
2012 1.5 4.3 1.25
2013 1.27 4.23 3.42
2014 1.29 4.37 1.24
2015 1.23 4.92 2.37
2016 1.06 5.33 2.1
2017 1.01 6.26 4.76
2018 1.72 6.26 5.13
Beginning Retained Earning 2008 122123 386 36591
2009 126136 640 39366
2010 131137 920 31792
2011 137786 1143 25453
2012 144055 1350 22481
2013

149,051

1739

31140
2014

155,333

1923

27740
2015

140,020

2163

33670
2016

139,532

2440

34730
2017

125,682

2797

50500
2018 - - -
Begining of shares'000 2008 10,079,923 131740 6127
Ending Retained Earnings 2017

125682

50.5
Return on equity (%) 2008 15.74 -116.84 12.16
2009 9.66 -465 12.65
2010 9.6 342.34 18.6
2011 11.13 -499 3.63
2012 11.38 -1096.59 7.34
2013 10.28 372 19.91
2014 11.76 426.47 7.02
2015 -5.42 312.29 12.77
2016 9.38 167.1 10.56
2017 -8.92 129.81 22.31
2018 -58.94 129.81 20.71
LT Govt Bond Interest Rate 2017 2% 2% 2%
2018 3% 3% 3%
Number of outstanding shares('000) 2017 86787492 128953 6164
2018 - 129293 -
Low P/E for last 5 years 16.46 18.95 5.8
High P/E for last 5 years 42.97 28.3 36.39
Total equity (in millions) 64263 118 140860
Dividends per share 2008 1.24 1.84 1.61
2009 0.61 2 1.65
2010 0.46 2.2 1.69
2011 0.61 2.4 1.73
2012 0.7 2.56 1.77
2013 0.79 2.84 1.81
2014 0.89 2.96 1.85
2015 0.92 3.08 1.89
2016 0.93 3.2 1.93
2017 0.84 3.48 1.97
2018 0.48 3.48 1.99

Related Solutions

General Electric® Capital, a division of General Electric, uses long-term debt extensively. In early 2002, GE...
General Electric® Capital, a division of General Electric, uses long-term debt extensively. In early 2002, GE Capital issued $11 billion in long-term debt to investors and then within days filed legal documents to prepare for another $50 billion long-term debt issue. As a result of the $50 billion filing, the price of the initial $11 billion offering declined (due to higher risk of more debt). Bill Gross, a manager of a bond investment fund, “denounced a ‘lack in candor’ related...
Why is maximizing current share price not equivalent to maximizing long-term value?
Why is maximizing current share price not equivalent to maximizing long-term value?
Why is maximizing current share price not equivalent to maximizing long- term value?
Why is maximizing current share price not equivalent to maximizing long- term value?
1. The current portion of long-term debt should be classified as a long-term liability not be...
1. The current portion of long-term debt should be classified as a long-term liability not be separated from the long-term portion of debt be paid immediately be reclassified as a current liability 2. Which of the following would most likely be classified as a current liability? two-year notes payable bonds payable mortgage payable unearned rent 3. Allowance for Doubtful Accounts has a debit balance of $1,100 at the end of the year (before adjustment), and an analysis of customers' accounts...
Current Portion of Long-Term Debt PepsiCo, Inc., reported the following information about its long-term debt in...
Current Portion of Long-Term Debt PepsiCo, Inc., reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt is comprised of the following: December 31 Current Year Preceding Year Total long term-debt $33,284 $28,897 Less current portion (4,071) (5,076) Long-term debt $29,213 $23,821 a. How much of the long-term debt was disclosed as a current liability on the current year's December 31 balance sheet? b. How much did the total current...
Why is maximizing current share price not equivalent to maximizing long- term value? When managers and...
Why is maximizing current share price not equivalent to maximizing long- term value? When managers and boards of directors evaluate firm performance, how might focusing exclusively on corporate earnings lead them astray? Give examples of situations where shareholders’ and other stakeholders’ interests are complementary. Give examples of situations where these interests are not complementary. If interests conflict, what should management do? What are some of the common feature of the 2008 stock market reach and previous market crashes? For example,...
1)Current Portion of Long-Term Debt Connie's Bistro, Inc. reported the following information about its long-term debt...
1)Current Portion of Long-Term Debt Connie's Bistro, Inc. reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt consists of the following: December 31 Current Year Preceding Year Total long-term debt $654,000 $359,700 Less current portion (189,700) (176,600) Long-term debt $464,300 $183,100 a. How much of the long-term debt was disclosed as a current liability on the current year’s December 31 balance sheet? Current Portion of Long-Term Debt Connie's Bistro,...
The Smathers Company has a long-term debt ratio (i.e., the ratio of long-term debt to long-term...
The Smathers Company has a long-term debt ratio (i.e., the ratio of long-term debt to long-term debt plus equity) of .43 and a current ratio of 1.27. Current liabilities are $2,395, sales are $10,465, profit margin is 11 percent, and ROE is 16 percent. What is the amount of the firm’s long-term debt? (Do not round intermediate calculations and your answer to 2 decimal places, e.g., 32.16.) What is the amount of the firm’s total debt? (Do not round intermediate...
The Morris Company has a Long-Term Debt OF $1,841.32 and a current ratio of 1.30. Current...
The Morris Company has a Long-Term Debt OF $1,841.32 and a current ratio of 1.30. Current Liabilities are $955, sales are $7,210, the profit margin is 8.3%, and ROE is 17.5 percent. What is the amount of the Firm's net fixed assets?
Balance Sheet Data                Long-Term Debt               80,000,000       &nb
Balance Sheet Data                Long-Term Debt               80,000,000                Preferred Stock                20,000,000                Common Equity                20,000,000 Number of shares of Common                 1,500,000                         Price per share Common             $42 Number of shares of Preferred                     150,000                               Price per share Preferred            $108 Number of 8% Coupon 25-year Bonds          40,000               Price of 8% 25-year Bonds   $1075 Number of 6% Coupon 15-year Bonds          40,200                           Price of 6% 15-year Bonds   $920 Forecasted Dividend on Common (D1)             $3.30                           Dividend Rate on Preferred           ...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT