90.2K

Verified Solution

Link Copied!

1. Calculate the following ratios:

a. Cash Coverage Ratio ( EBIT + Depreciation / Interest)

b. Inventory Turnover (Cost of Goods Sold / Inventory)

c. Days' sales in inventory (365 days / Inventory Turnover)

d. Receivables turnover (Sales / Accounts Receivable)

e. Days' sales in receivables (365 days/receivables turnover)

f. Price-earnings ratio (Price Per Share / Earnings Per Share)

g. Market-to-book ratio (Market Value Per Share / Book Value Per Share)

CAMPBELL SOUP COMPANY Consolidated Stetements of Earnings (millions, except per share am ounts) 2016 2015 2014 52 weeks 52 weeks 53 weeks Net Sales $7,961 $8.082 $ 8,268 Costs and expenses Cost of products sold Marketing and selling expenses Administrative expenses Research and development expenses Other expenses / (income) Restructuring charges 5,181 893 641 124 131 5,300 884 601 5,297 929 576 122 102 7,028 1,054 108 31 Total costs and expenses Earnings before interest and taxes Interest expense Interest income 7,001 960 115 4 849 286 563 7,001 1,267 122 Earnings before taxes Taxes on earnings Earnings from continuing operations Earnings from discontinued operations Net earnings 1,148 374 774 81 855 949 283 563 Less: Net earnings (loss) attributable to noncontrolling interests Net earnings attributable to Campbell Soup Company Per Share - Basic $ 563 666 $ 866 Earnings from continuing operations attributable to Campbell Soup Company $ 1.82 2.13 $2.50 solidated Statements of Earn (millions, except per share amounts) July 31, 2016August 2, 2015 Current assets Cash and cash equivalents $ 296 $ 253 Accounts receivable, net 626 647 Inventories 940 995 Other current assets 46 198 Total current assets 1,908 2,093 Plant assets, net of deprecistion 2.407 2.347 Goodwill 2,263 2,344 Other intangible assets, net of amortization 1,152 1.205 Other assets ($34 and $0 attributsble to varisble interest entity) 107 Total assets $7,837 $8,077 Current liabilities Short-term borrowings $ 1,219 $1,543 Psyable to suppliers and others 610 544 Accrued liabilities 604 589 Dividend payable 100 101 Accrued income texes 29 Total current liabilities 2,555 2,806 Long-term debt 2,314 2,539 Deferred taxes 396 505 Other liebilities 1,039 850 Total liabilities 6,304 6,700 Commitments and contingencies Campbell Soup Company shareholders' equity Capital stock, $.0373 par value; suthorized 560 shares; issued 323 shares Additionel paid-in capitsl Earnings retained in the business Copital stock in treasury, sat cost 12 354 339 1,927 1.754 (664) (556) Accumulated other comprehensive loss (104) 168) Total Campbell Soup Company shareholders equity 1,525 1,381 Total equity Total liabilities and equity Go to library tob in Connect to access Cose Financials. 1,533 1377 $7,837 $8,077 Souce: Camphell Soup Company Amual Report 26 Page 100 EXHIBIT 8 Campbell's Key Ratios P/E Current 31.73 P/E Ratio (with extreordinary items) 35.71 P/E Ratio (without extraordinary items 34.40 Price to Sales Ratio 2.43 Price to Book Rstio 12.58 Price to Cosh Flow Ratio 3.24 14.32 Enterprise Value to EBITDA Enterprise Value to Sales Total Debt to Enterprise Value Efficiency 2.61 0.16 Revenue/Employee 482.485.00 34,121.00o 12.51 Income Per Employee Receivables Turnover Total Asset Turnover 1.00 Liquidity Current Ratio 0.75 Quick Rstio 0.38 Current Ratio 0.75 Quick Rotio 0.38 Cosh Ratio 0.12 Gross Margin Opersting Margin Pretax Margin Net Morgin 34.61 14.29 10.66 7.07 7.07 Return on Assets Return on Equity Return on Totel Copital Return on Invested Capital Capital Structure Total Debt to Total Equity Total Debt to Total Copital 38.76 10.69 14.49 231.67 69.85 Total Debt to Total Assets 45.08 Long-Term Debt to Equity 51.74 Long-Term Debt to Total Capital 45.75 With regard to financials, Morrison stated

Answer & Explanation Solved by verified expert

See Answer