Business & Finance Homework Help
Suppose you were the Chief Financial Officer of WPCI Drugs and Products.By 2015, WPCI had become a major player
2011 2012 2013 2014 2015Sales 2,471.7 2,685.1 3,062.6 3,406.3 3,798.5Net Income 277.9 306.2 348.4 396.0 445.9Earnings Per Share 1.75 1.94 2.21 2.51 2.84Dividend Per Share 1.00 1.15 1.33 1.50 1.70Cash 357.8 322.9 436.6 493.8 593.3Total Assets 1,510.9 1,611.3 1,862.2 2,090.7 2370.3A/P and other noninterest- 511.60 565.70 670.50 758.40 883.60bearing liabilitiesLong-term + Short-term debt 7.8 10.3 13.7 10.3 13.9Net Worth 991.5 1,035.3 1,178.0 1,322.0 1,472.8Balance Sheet 2015Assets Liabilities and EquityCash and Cash 593.3 A/P and other non-interest bearing 883.6Equivalents liabilitiesAccounts receivable 517.3 Long-term + Short-term debt 13.9Inventory 557.3 Total Liabilities 897.5Plant, Property 81 Equip. 450.5Others 251.9 Net Worth 1,472.8Total Assets 2,370.3 Total Liabilities + Net Worth 2,370.3