Kramerica Industries (KI) 2021 Income Statement (all numbers in millions) ...

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Finance

Kramerica Industries (KI)
2021 Income Statement (all numbers in millions)
Sales 1563.7
Cost of goods sold 1081.1
Selling & administrative expenses 231.1
Depreciation 83.1
Earnings before interest and taxes ?
Interest expense 5.6
Earnings before taxes ?
Taxes 44.3
Net income ?
Dividends ?
Additions to retained earnings ?

Kramerica Industries (KI)
2020 and 2021 Balance Sheets (all numbers in millions)
2020 2021 2020 2021
Cash 46.5 309.8 Accounts payable 346 377.8
Accounts receivable 268.8 306.2 Long-term debt 305.6 574
Inventory 372.7 423.8 Common stock 892.9 869.6
Net fixed assets 805.8 849.4 Retained earnings -50.7 67.8
Total assets ? ? Total liabilities and equity ?

?

7. KI's equity multiplier in 2021 is

8. If KI has 54.57 million shares outstanding and the stock is sold for $48.61 per share at the end of 2021, its PE ratio is _____.

9. KI's quick ratio in 2021 is

10. KI's total asset turnover in 2021 is _____.

11. If KI has 54.57 million shares outstanding and the stock is sold for $48.61 per share at the end of 2021, its market-to-book ratio is _____.

12. KI's sustainable growth rate in 2021 is _____.

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