Amounts are in thousands of dollars (except number of shares and price per share

Question

Amounts are in thousands of dollars (except number of shares and price per share):
  
Kiwi Fruit Company Balance Sheet
Cash and equivalents   $   350
Operating assets      720
Property, plant, and equipment      2,900
Other assets      145
   
Total assets   $   4,115
   
Current liabilities   $   920
Long-term debt      1,225
Other liabilities      155
   
Total liabilities   $   2,300
   
Paid in capital   $   375
Retained earnings      1,440
   
Total equity   $   1,815
   
Total liabilities and equity   $   4,115
   
  
Kiwi Fruit Company Income Statement
Net sales   $   11,100     
Cost of goods sold      (8,900   )
   
Gross profit   $   2,200     
Operating expense      (920   )
  
Operating income   $   1,280     
Other income      140     
Net interest expense      (200   )
  

Pretax income   $   1,220     
Income tax      (230   )
   
Net income   $   990     
   
Earnings per share   $   1.20     
Shares outstanding      825,000     
Recent price   $   25.00     

Kiwi Fruit Company Cash Flow Statement
Net income   $   990     
Depreciation and amortization      230     
Increase in operating assets      (120   )
Decrease in current liabilities      (120   )
   
Operating cash flow   $   980     
            
Net (purchase) sale of property   $   180     
Increase in other assets      (87   )
  
Investing cash flow   $   93     
            
Net (redemption) issuance of LTD   $   (176   )
Dividends paid      (174   )
   
Financing cash flow   $   (350   )
            
Net cash increase   $   723     
   
  
Calculate the price-book, price-earnings, and price-cash flow ratios for Kiwi Fruit. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
  
      
Price-book ratio  
Price-earnings ratio  
Price-cash flow ratio  

Explanation / Answer

Net Assets= Total Assets -Total liabilities Net Assets= 1815000 Book Value per share = Net Assets/No of share 2.2 PB Ratio= Stock Price / Book Value per share 11.36 Price-to-Earnings Ratio (P/E) = Market value per share / Earnings Per Share (EPS) 20.83 Price-cash flow ratio = share price/cash flow per share Cash flow per share = Operating cash flow/No of share 1.19 Price-cash flow ratio = 21.01

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