Global conglomerate corporation income statement for 2012

Assignment Help Finance Basics
Reference no: EM13154008

Global Conglomerate Corporation Income Statement for 2012 and 2011
Income Statement Year Ended December 31 (in $ million)
2012 2011
Total sales 186.7 176.1
Cost of sales (153.4) (147.3)

Gross Profit 33.3 28.8
Selling, general and admin exp (13.5) (13.0)
Research and development (8.2) (7.6)
Depreciation & amortization (1.2) (1.1)

Operating Income 10.4 7.1
Other Income - -

Earnings b/4 interest and taxes(EBIT) 10.4 7.1
Interest Income (expense) (7.7) (4.6)

Pre-tax Income 2.7 2.5
Taxes (0.7) (0.6)

Net Income 2.0 1.9


EPS $0.556 $0.528
Diluted EPS $0.526 $0.500

Questions:
1. what is Global's EBIT IN 2013?
2. What is Global's income in 2013?
3. If Global's PE ratio and number of share outstanding remains unchanged. What is Global's share price in 2013? 

Reference no: EM13154008

Questions Cloud

Confidence interval for population proportion-positive test : Construct a 95 percent confidence interval for the population proportion of positive drug tests. Why is the normality assumption not a problem, despite the very small value of p?
Tax consulting for estates and trusts : Hammond and Jarrett provide tax consulting for estates and trusts. Their job-costing system has a single direct-cost category (professional labor) and a single indirect-cost pool (research support).
What economic forces result in the dissipation of economic : How can makers of flat-panel TVs earn economic profits during the first few months after the introduction of new models? What economic forces result in the dissipation of economic profits earned by manufacturers of flat-panel TVs?
General manager of a regional chemical company : Discuss the following situation (a) from the strictly legal viewpoint, (b) from a moral and ethical viewpoint, and (c) from the point of view of what is best in the long run for the company. Be sure to consider both short- and long-range consequences..
Global conglomerate corporation income statement for 2012 : Global Conglomerate Corporation Income Statement for 2012 and 2011 Income Statement Year Ended December 31 (in $ million),2012 2011Total sales 186.7 176.1Cost of sales (153.4) (147.3)
How many kilocalories were absorbed by the water : 175g of water was heated from 15 degrees to 88 degress celsuis. how many kilocalories were absorbed by the water?
Draw their budget set in housing-other goods space : Draw their budget set (the combination of housing and other goods that they can afford) in housing-other goods space.
Calculate the final temperature of the mixture : if 50.0 mL of 10.0 degrees ceclius water is added to 40.0 mL of 65.0 degrees celcius, calculate the final temperature of the mixture assuming no heat is lost to its surroundings,
Effect of the refund on yellow tax liability : Yellow's taxable income in 2010 was $70,000, and in 2011 Yellow's taxable income was $20,000 after deducting the refund. The applicable tax rate schedule is 15% on the first $50,000 of income and 25% on income in excess of $50,000. What is the eff..

Reviews

Write a Review

Finance Basics Questions & Answers

  Computing the current price of the stock

CPX Corporation just paid a dividend of $1 each share. Analysts expect the company's dividend to increase 10 percent this year and 8 percent the next year.

  Optimal capital structure

The financial manager has estimated the following schedules for the cost of funds: Determine the company optimal capital structure.

  Computing weighted-average direct manufacturing labour rate

By using above information, what weighted-average direct manufacturing labour rate must you use in making your manufacturing direct labour cost objective?

  Objective type questions on cost of capital and wacc

Objective type questions on cost of capital and WACC and he company currently has no debt in its capital structure

  Evaluate effective tax rate in the u.s.

Are the bankers correct that Orange can lower its cost of capital by replacing $100B in equity with $100B in bonds

  Bond yield plus risk premium approach

The earnings, dividends, and common stock price of Carpetto Technologies are expected to grow at 7% each year in the future. Carpetto's common stock sells for $23 each share,

  Calculate the cash conversion cycle

Dan Barnes, financial manager of Ski Equipment Inc., is excited, but apprehensive. The company's founder recently sold his 51 percent controlling block of stock to Kent Koren, who is a big fan of EVA.

  Labour and materials prices will grow with inflation

Sell the welding machine for $200,000 and close the tricycle business; or  Sell the tricycle business for an after-tax price of five times the 2007 after-tax profit

  Current state of the us economy

Develop a presentation (9-12 slides) for the Board which examines the current state of the U.S. economy. Focus on four key economic metrics: Gross Domestic Product (GDP), unemployment, inflation, and interest rates.

  Calculate the cost of preferred stock

Topstone Corporation preferred stock pays an annual dividend of $4.00 per share. When issued, the shares sold for their par value of $100 per share.

  Calculate wacc

Chandeliers Corp. has no debt but can borrow at 7.4 percent.    Calculate WACC

  Describe benefit from activity based costing

Explain how Activity Based Costing can benefit Corporations. You may wish to give an example of a company where activity based costing could be applied.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd