I need the excel sheet completed for Acquirere YTM which is for amazon using finra bonds data.**For interest expense, you will need to calculate the yield to maturity on outstanding debt. You will...

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I need the excel sheet completed for Acquirere YTM which is for amazon using finra bonds data.**For interest expense, you will need to calculate the yield to maturity on outstanding debt. You will need to make an assumption on whether the combined post-acquisition firm will have a capital structure similar to the target, the acquirer, or a blend of the two and find the cost of debt (or yield to maturity) accordingly. In the example project, we are anticipating the combined firm to have the acquirer's capital structure since the acquirer is much larger than the target, so we will need to find the acquirer's YTM. To do this, we will create a new worksheet and gather YTM information from theFINRA Bond Center
(Links to an external site.). After clicking on the Search tab and inputting the acquirer's ticker symbol, I see this screen with some of the outstanding bond issues (there is also another page of them) Once the acquirers YTM is changed I need it reflected in the assumptions page wherever it applies.https://youtu.be/LGDOEckEXiQ



For the second part I needCreate a 10-year (minimum) pro forma income statement and balance sheet for the target.Submission files: Excel file only.

  • Use your assumptions from Week 3 to forecast a pro forma income statement and balance sheet.

  • You may choose to do a statement of cash flows, but it is not required.

  • All your calculations should link to the assumptions you made using Excel formulas. You must create a fully functioning financial model that will automatically update if any assumptions are changed.

  • Your balance sheet must balance using appropriate Excel formulas.

  • You will be turning in your Excel sheets, so make sure everything is clearly labeled and the formulas are accessible by the instructor. Your process should be clear and your worksheets should be well organized. You can make use of cell comments and/or text boxes, or put very short explanations into nearby cells.


Both your income statement and balance sheet numbers should make economic sense, so you may need to go back and change some of your assumptions so that your results are realistic. For example, a firm can’t have zero cash, and it is highly unlikely that the firm’s cash will be a large proportion of its total assets. ( I will upload everything I have from the lesson and videos from what is needed.)






For the third part I need


Find the enterprise value and equity value reservation prices from the point of view of the acquirer using the WACC method. Perform all calculations in Excel. Required report components are listed below.
Submission files: Report in Word file and spreadsheet in Excel file.



  • (15 points) Calculate the appropriate WACC for the target.

    • The cost of capital should reflect how the company will be operated after the merger.

    • Discuss your assumptions and data sources in your report.



  • (13 points) Calculate the free cash flows for the 10-year pro forma period.

  • (7 points) Calculate a terminal value.

    • You may choose the growing perpetuity method or the EBITDA method, or you may do both.

    • Discuss the chosen method(s) in your report along with why you chose it and how you determined your terminal growth rate and/or terminal EB/EBITDA multiple values.



  • (5 points) Find the enterprise value and equity value reservation prices from the point of view of the acquirer.

    • The reservation price will be the highest price the acquirer could pay (the price that would result in NPV=0).

    • Give your final reservation value in your report, explaining any decisions you made on the final number (if you calculated more than one value) and discussing in a way that shows you understand the concept of a reservation value. ( I will upload everything I have from the lesson and videos from what is needed.)




























Answered Same DayNov 21, 2021

Answer To: I need the excel sheet completed for Acquirere YTM which is for amazon using finra bonds data.**For...

Himanshu answered on Nov 22 2021
148 Votes
Target_AMC
    AMC Entertainment Holdings, Inc. Class A Income Statement                                                AMC Entertainment Holdings, Inc. Class A Common Size Income Statement                                                                AMC Entertainment Holdings, Inc. Class A Growth Rate Income Statement
    Source: FactSet Fundamentals                                                Source: FactSet Fundamentals                                                                Source: FactSet Fundamentals
        MAR '11    MAR '12    DEC '12    DEC '13    DEC '14    DEC '15    DEC '16    DEC '17    DEC '18    DEC '19            MAR '11    MAR '12    DEC '12    DEC '13    DEC '14    DEC '15    DEC '16    DEC '17    DEC '18    DEC '19    ST AVG    ST AVG    LT AVG    LT AVG            MAR '11    MAR '12    DEC '12    DEC '13    DEC '14    DEC '15    DEC '16    DEC '17    DEC '18    DEC '19    ST AVG    ST AVG    LT AVG    LT AVG
        364 Days        641 Days    365 Days    365 Days    365 Days    366 Days    365 Days    365 Days    365 Days            364 Days        641 Days    365 Days    365 Days    365 Days    366 Days    365 Days    365 Days    365 Days    2-YR    2-YR    10-YR    10-YR            364 Days        641 Days    365 Days    365 Days    365 Days    366 Days    365 Days    365 Days    365 Days    2-YR    2-YR    9-YR    9-YR
                            Restate        Restate                                        Restate        Restate            Target    Acquirer    Target    Acquirer                                Restate        Restate            Target    Acquirer    Target    Acquirer
    Sales    2,362.54    -    2,690.08    2,749.43    2,695.39    2,946.90    3,235.85    5,079.20    5,460.80    5,471.00        Sales    100.0%        100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%        Sales                2.2%    -2.0%    9.3%    9.8%    57.0%    7.5%    0.2%    3.8%    25.7%    12.0%    26.5%
    Cost of Goods Sold (COGS) incl. D&A    1,842.94    -    1,981.78    2,014.24    1,986.55    2,173.68    2,368.16    3,940.00    4,170.90    4,114.40        Cost of Goods Sold (COGS) incl. D&A    78.0%        73.7%    73.3%    73.7%    73.8%    73.2%    77.6%    76.4%    75.2%    75.8%    59.4%    75.0%    68.7%        Cost of Goods Sold (COGS) incl. D&A                -25.1%    -27.7%    -19.4%    -19.6%    21.8%    -17.9%    -24.7%    -21.3%    21.6%    -16.1%    22.8%
    COGS excluding D&A    1,631.50    -    1,778.31    1,816.70    1,770.23    1,940.72    2,099.92    3,401.40    3,633.10    3,664.40        COGS excluding D&A    69.1%        66.1%    66.1%    65.7%    65.9%    64.9%    67.0%    66.5%    67.0%    66.8%    53.9%    66.5%    64.9%        COGS excluding D&A                -32.5%    -35.6%    -28.0%    -28.7%    5.1%    -28.5%    -32.9%    -30.7%    20.8%    -25.9%    21.7%
    Depreciation & Amortization Expense    211.44    -    203.47    197.54    216.32    232.96    268.24    538.60    537.80    450.00        Depreciation & Amortization Expense    8.9%        7.6%    7.2%    8.0%    7.9%    8.3%    10.6%    9.8%    8.2%    9.0%    5.5%    8.5%    3.8%        Depreciation & Amortization Expense                -92.7%    -92.1%    -91.4%    -90.9%    -83.4%    -89.4%    -91.8%    -90.6%    30.9%    -90.2%    50.1%
    Depreciation    0.00    -    0.00    177.00    194.93    210.33    239.94    495.20    498.20    444.90        Depreciation
John: Percent of previous year PPE            0.0%    12.6%    11.9%    10.6%    6.3%    11.3%    10.5%    4.7%    7.6%    5.3%    8.5%    3.6%        Depreciation                -93.4%    -92.9%    -92.2%    -91.9%    -84.7%    -90.2%    -91.9%    -91.0%    31.1%    -91.0%    54.4%
    Amortization of Intangibles    0.00    -    0.00    20.54    21.39    22.64    28.30    43.40    39.60    5.10        Amortization of Intangibles
John: Percent of previous year intangible assets            0.0%    7.5%    8.1%    8.1%    6.8%    9.3%    8.7%    2.6%    5.6%    0.2%    6.4%    0.2%        Amortization of Intangibles                -99.2%    -99.2%    -99.2%    -99.0%    -98.7%    -99.2%    -99.9%    -9
9.6%    24.4%    -99.2%    21.5%
    Gross Income    519.60    -    708.30    735.19    708.84    773.22    867.68    1,139.20    1,289.90    1,356.60        Gross Income    22.0%        26.3%    26.7%    26.3%    26.2%    26.8%    22.4%    23.6%    24.8%    24.2%    40.6%    25.0%    31.3%        Gross Income                -72.7%    -74.2%    -71.3%    -70.6%    -64.8%    -74.6%    -75.2%    -74.9%    32.4%    -71.9%    35.3%
    SG&A Expense    515.03    -    521.46    549.12    520.11    526.03    589.18    927.60    971.40    1,120.80        SG&A Expense    21.8%        19.4%    20.0%    19.3%    17.9%    18.2%    18.3%    17.8%    20.5%    19.1%    35.3%    19.2%    28.5%        SG&A Expense                -79.6%    -81.1%    -80.5%    -80.0%    -71.3%    -80.9%    -79.5%    -80.2%    27.6%    -79.0%    36.8%
    Other SG&A    515.03    -    521.46    549.12    520.11    526.03    589.18    927.60    971.40    1,120.80        Other SG&A    21.8%        19.4%    20.0%    19.3%    17.9%    18.2%    18.3%    17.8%    20.5%    19.1%    22.7%    19.2%    18.5%        Other SG&A                -79.6%    -81.1%    -80.5%    -80.0%    -71.3%    -80.9%    -79.5%    -80.2%    28.5%    -79.0%    35.1%
    EBIT (Operating Income)    4.57    -    186.84    186.07    188.73    247.19    278.50    211.60    318.50    235.80        EBIT (Operating Income)    0.2%        6.9%    6.8%    7.0%    8.4%    8.6%    4.2%    5.8%    4.3%    5.1%    5.4%    5.8%    2.8%        EBIT (Operating Income)                -93.1%    -93.1%    -90.8%    -90.5%    -93.5%    -93.7%    -95.7%    -94.7%    105.1%    -92.9%    94.7%
    Nonoperating Income - Net    39.42    -    5.08    56.71    34.72    43.25    57.89    (161.10)    90.00    47.40        Nonoperating Income - Net    1.7%        0.2%    2.1%    1.3%    1.5%    1.8%    -3.2%    1.6%    0.9%    1.3%    0.2%    0.9%    -0.1%        Nonoperating Income - Net                -97.9%    -98.7%    -98.4%    -98.0%    -105.0%    -98.2%    -99.1%    -98.7%    367.7%    -99.3%    113.3%
    Nonoperating Interest Income    0.48    -    0.05    2.87    8.18    5.96    8.34    22.60    6.20    6.70        Nonoperating Interest Income    0.0%        0.0%    0.1%    0.3%    0.2%    0.3%    0.4%    0.1%    0.1%    0.1%    0.2%    0.2%    0.1%        Nonoperating Interest Income                -99.9%    -99.7%    -99.8%    -99.7%    -99.3%    -99.9%    -99.9%    -99.9%    103.5%    -99.7%    46.7%
    Equity in Earnings of Affiliates    17.18    -    6.75    47.44    26.62    37.13    47.72    (186.10)    84.50    30.60        Equity in Earnings of Affiliates    0.7%        0.3%    1.7%    1.0%    1.3%    1.5%    -3.7%    1.5%    0.6%    1.1%    -0.0%    0.5%    -0.0%        Equity in Earnings of Affiliates                -98.2%    -99.0%    -98.6%    -98.4%    -105.8%    -98.3%    -99.4%    -98.9%    -290.3%    -99.7%    23.8%
    Other Income (Expense)    21.75    -    (1.73)    6.41    (0.07)    0.16    1.84    2.40    (0.70)    10.10        Other Income (Expense)    0.9%        -0.1%    0.2%    -0.0%    0.0%    0.1%    0.0%    -0.0%    0.2%    0.1%    -0.1%    0.2%    -0.2%        Other Income (Expense)                -99.8%    -100.0%    -100.0%    -99.9%    -99.9%    -100.0%    -99.8%    -99.9%    -855.2%    -99.9%    -158.0%
    Interest Expense    183.66    -    156.18    140.23    120.94    106.09    121.54    274.00    342.30    340.80        Interest Expense        
Phnesha Davis: Phnesha Davis:
Percent pf previous years interest bearing debt.        6.4%    5.5%    5.6%    6.0%    6.2%    7.0%    6.5%    6.7%    3.2%    6.2%    3.8%        Interest Expense                -94.8%    -95.6%    -96.1%    -95.9%    -91.5%    -93.3%    -93.8%    -93.5%    40.0%    -94.4%    54.4%
    Unusual Expense - Net    29.62    -    10.38    2.84    5.27    20.81    65.22    109.60    (57.50)    114.00        Unusual Expense - Net    1.3%        0.4%    0.1%    0.2%    0.7%    2.0%    2.2%    -1.1%    2.1%    0.5%    0.0%    0.9%    -0.0%        Unusual Expense - Net                -99.9%    -99.8%    -99.2%    -97.8%    -96.6%    -101.1%    -97.9%    -99.5%    -164.3%    -98.9%    -88.6%
    Impairments    12.78    -    0.00    1.37    3.15    1.70    5.54    43.60    13.80    87.90        Impairments    0.5%        0.0%    0.0%    0.1%    0.1%    0.2%    0.9%    0.3%    1.6%    0.9%    ERROR:#N/A    0.4%    ERROR:#N/A        Impairments                -99.9%    -99.9%    -99.9%    -99.8%    -98.7%    -99.7%    -98.4%    -99.1%    ERROR:#N/A    -99.5%    ERROR:#N/A
    Property,Plant & Equipment    12.78    -    0.00    1.37    3.15    1.70    5.54    43.60    13.80    84.30        Property,Plant & Equipment    0.5%        0.0%    0.0%    0.1%    0.1%    0.2%    0.9%    0.3%    1.5%    0.9%    ERROR:#N/A    0.4%    ERROR:#N/A        Property,Plant & Equipment                -99.9%    -99.9%    -99.9%    -99.8%    -98.7%    -99.7%    -98.5%    -99.1%    ERROR:#N/A    -99.5%    ERROR:#N/A
    Financial Fixed Assets    -    -    -    -    -    -    -    -    -    3.60        Financial Fixed Assets                                        0.1%    0.1%    ERROR:#N/A    0.1%    ERROR:#N/A        Financial Fixed Assets                                        -99.9%    -99.9%    ERROR:#N/A    -99.9%    ERROR:#N/A
    Restructuring Expense    16.84    -    10.38    0.00    10.51    8.43    53.10    65.60    34.00    15.50        Restructuring Expense    0.7%        0.4%    0.0%    0.4%    0.3%    1.6%    1.3%    0.6%    0.3%    0.5%    ERROR:#N/A    0.6%    ERROR:#N/A        Restructuring Expense                -100.0%    -99.6%    -99.7%    -98.2%    -98.0%    -99.3%    -99.7%    -99.5%    ERROR:#N/A    -99.2%    ERROR:#N/A
    Legal Claim Expense    -    -    -    -    -    0.00    7.00    -    5.70    -        Legal Claim Expense                        0.0%    0.2%        0.1%        0.1%    ERROR:#N/A    0.1%    ERROR:#N/A        Legal Claim Expense                        -100.0%    -99.8%        -99.9%        -99.9%    ERROR:#N/A    -99.9%    ERROR:#N/A
    Unrealized Valuation Gain/Loss    -    -    -    -    -    -    -    -    111.40    4.90        Unrealized Valuation Gain/Loss                                    2.0%    0.1%    1.1%    -0.0%    1.1%    0.0%        Unrealized Valuation Gain/Loss                                    -97.8%    -99.9%    -98.9%    -164.3%    -98.9%    -88.6%
    Hedges/Derivatives    -    -    -    -    -    -    -    -    111.40    4.90        Hedges/Derivatives                                    2.0%    0.1%    1.1%    -0.0%    1.1%    0.0%        Hedges/Derivatives                                    -97.8%    -99.9%    -98.9%    -164.3%    -98.9%    -88.6%
    Excpl Chrgs - Others    -    -    -    1.47    (8.39)    10.68    (0.42)    0.40    0.40    15.50        Excpl Chrgs - Others                0.1%    -0.3%    0.4%    -0.0%    0.0%    0.0%    0.3%    0.1%    ERROR:#N/A    0.1%    ERROR:#N/A        Excpl Chrgs - Others                -99.9%    -100.3%    -99.6%    -100.0%    -100.0%    -100.0%    -99.7%    -99.9%    ERROR:#N/A    -99.9%    ERROR:#N/A
    Restructuring of Debt    -    -    -    -    (8.39)    10.68    0.00    0.40    0.40    16.60        Restructuring of Debt                    -0.3%    0.4%    0.0%    0.0%    0.0%    0.3%    0.2%    ERROR:#N/A    0.1%    ERROR:#N/A        Restructuring of Debt                    -100.3%    -99.6%    -100.0%    -100.0%    -100.0%    -99.7%    -99.8%    ERROR:#N/A    -99.9%    ERROR:#N/A
    Calamitous Events    -    -    -    -    -    -    -    -    0.00    (1.10)        Calamitous Events                                    0.0%    -0.0%    -0.0%    ERROR:#N/A    -0.0%    ERROR:#N/A        Calamitous Events                                    -100.0%    -100.0%    -100.0%    ERROR:#N/A    -100.0%    ERROR:#N/A
    Other Unusual Expense    -    -    -    -    0.00    0.00    (0.42)    -    -    -        Other Unusual Expense                    0.0%    0.0%    -0.0%                    ERROR:#N/A    -0.0%    ERROR:#N/A        Other Unusual Expense                    -100.0%    -100.0%    -100.0%                    ERROR:#N/A    -100.0%    ERROR:#N/A
    Pretax Income    (169.29)    -    25.36    99.72    97.24    163.53    149.64    (333.10)    123.70    (171.60)    (171.60)    Pretax Income    -7.2%        0.9%    3.6%    3.6%    5.5%    4.6%    -6.6%    2.3%    -3.1%    -0.4%    4.9%    0.4%    2.4%        Pretax Income                -96.3%    -96.5%    -93.9%    -94.9%    -110.3%    -97.6%    -103.1%    -100.4%    110.0%    -98.9%    -150.5%
    Income Taxes    1.95    -    0.64    (263.38)    33.47    59.68    37.97    154.10    13.60    (22.50)    0.00    Income Taxes    -1.2%
Phnesha Davis: Phnesha Davis:
Tax rate = Income Taxes/Pretax Income        2.5%    -264.1%    34.4%    36.5%    25.4%    -46.3%    11.0%    13.1%    12.1%    13.8%    -21.0%    16.0%        Income Taxes                -109.8%    -98.8%    -97.8%    -98.7%    -95.2%    -99.7%    -100.4%    -100.1%    77.0%    -100.1%    66.4%
    Income Tax Credits    -    -    -    0.00    0.21    0.00    0.00    0.00    0.00    0.00        Income Tax Credits                0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    ERROR:#N/A    0.0%    ERROR:#N/A        Income Tax Credits                -100.0%    -100.0%    -100.0%    -100.0%    -100.0%    -100.0%    -100.0%    -100.0%    ERROR:#N/A    -100.0%    ERROR:#N/A
    Consolidated Net Income    (171.24)    -    24.72    363.10    63.77    103.86    111.67    (487.20)    110.10    (149.10)        Consolidated Net Income    -7.2%        0.9%    13.2%    2.4%    3.5%    3.5%    -9.6%    2.0%    -2.7%    -0.4%    4.2%    0.7%    1.7%        Consolidated Net Income                -86.5%    -97.7%    -96.1%    -96.2%    -115.1%    -97.8%    -102.7%    -100.3%    123.6%    -98.9%    -101.8%
    Net Income    (171.24)    -    24.72    363.10    63.77    103.86    111.67    (487.20)    110.10    (149.10)        Net Income    -7.2%        0.9%    13.2%    2.4%    3.5%    3.5%    -9.6%    2.0%    -2.7%    -0.4%    4.2%    0.7%    1.7%        Net Income                -86.5%    -97.7%    -96.1%    -96.2%    -115.1%    -97.8%    -102.7%    -100.3%    123.6%    -98.9%    -101.8%
    Discontinued Operations    (3.06)    -    45.95    1.30    0.31    0.00    0.00    0.00    0.00    0.00        Discontinued Operations    -0.1%        1.7%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    ERROR:#N/A    0.2%    ERROR:#N/A        Discontinued Operations                -100.0%    -100.0%    -100.0%    -100.0%    -100.0%    -100.0%    -100.0%    -100.0%    ERROR:#N/A    -100.0%    ERROR:#N/A
    Net Income available to Common    (174.30)    -    70.68    364.40    64.08    103.86    111.67    (487.20)    110.10    (149.10)        Net Income available to Common    -7.4%        2.6%    13.3%    2.4%    3.5%    3.5%    -9.6%    2.0%    -2.7%    -0.4%    4.2%    0.8%    1.7%        Net Income available to Common                -86.5%    -97.7%    -96.1%    -96.2%    -115.1%    -97.8%    -102.7%    -100.3%    123.6%    -98.9%    -101.8%
    Per Share                                                All figures in millions of U.S. Dollar except per share items.                                                                All figures in millions of U.S. Dollar except per share items.
    EPS (recurring)    (1.57)    -    0.80    4.79    0.69    1.21    1.59    (3.20)    0.10    (0.67)
    Basic Shares Outstanding    97.68    -    97.68    76.53    97.51    97.96    98.84    128.25    120.62    103.83
    Total Shares Outstanding    97.68    -    97.68    94.61    97.25    97.24    110.03    127.64    103.48    103.85
    EPS (diluted)    (1.78)    -    0.72    4.76    0.66    1.06    1.13    (3.80)    0.41    (1.44)
    Diluted Shares Outstanding    97.68    -    97.68    76.53    97.70    98.03    98.87    128.25    130.11    103.83
    Total Shares Outstanding    97.68    -    97.68    94.61    97.25    97.24    110.03    127.64    103.48    103.85
    Earnings Persistence    -    -    -    84.34    94.50    89.43    68.10    89.87    91.03    73.05
    Dividends per Share    0.00    -    -    0.00    0.60    0.80    0.80    0.80    0.80    0.80
    Payout Ratio    -    -    -    0.00    90.91    75.47    70.80    -    194.93    -
    EBITDA
    EBITDA    216.01    -    390.32    383.61    405.05    480.15    546.74    750.20    856.30    685.80
    EBIT    4.57    -    186.84    186.07    188.73    247.19    278.50    211.60    318.50    235.80
    Depreciation & Amortization Expense    211.44    -    203.47    197.54    216.32    232.96    268.24    538.60    537.80    450.00
    All figures in millions of U.S. Dollar except per share items.    4.57
        211.44
    AMC Entertainment Holdings, Inc. Class A Balance Sheet                                                AMC Entertainment Holdings, Inc. Class A Common Size Balance Sheet                                                                AMC Entertainment Holdings, Inc. Class A Growth Rate Balance Sheet
    Source: FactSet Fundamentals                                                Source: FactSet Fundamentals                                                                Source: FactSet Fundamentals
        MAR '11    MAR '12    DEC '12    DEC '13    DEC '14    DEC '15    DEC '16    DEC '17    DEC '18    DEC '19            MAR '11    MAR '12    DEC '12    DEC '13    DEC '14    DEC '15    DEC '16    DEC '17    DEC '18    DEC '19    ST AVG    ST AVG    LT AVG    LT AVG            MAR '11    MAR '12    DEC '12    DEC '13    DEC '14    DEC '15    DEC '16    DEC '17    DEC '18    DEC '19    ST AVG    ST AVG    LT AVG    LT AVG
                641 Days    365 Days    365 Days    365 Days    366 Days    365 Days    365 Days    365 Days                    641 Days    365 Days    365 Days    365 Days    366 Days    365 Days    365 Days    365 Days    2-YR    2-YR    10-YR    10-YR                    641 Days    365 Days    365 Days    365 Days    366 Days    365 Days    365 Days    365 Days    2-YR    2-YR    9-YR    9-YR
                            Restate        Restate                                        Restate        Restate            Target    Acquirer    Target    Acquirer                                Restate        Restate            Target    Acquirer    Target    Acquirer
    Assets                                                Assets                                                                Assets
    Cash & Short-Term Investments            133.07    546.45    218.21    211.25    230.21    318.30    324.00    275.50        Cash & Short-Term Investments            3.1%    10.8%    4.6%    4.2%    2.7%    3.2%    3.4%    2.0%    2.7%    25.1%    4.3%    32.0%        Cash & Short-Term Investments                310.6%    -60.1%    -3.2%    9.0%    38.3%    1.8%    -15.0%    -6.6%    30.9%    40.2%    22.9%
    Cash Only            133.07    546.45    218.21    211.25    230.21    318.30    324.00    275.50        Cash Only        
John: Percentage of sales    4.9%    19.9%    8.1%    7.2%    7.1%    6.3%    5.9%    5.0%    5.5%    18.0%    8.1%    21.6%        Cash Only                310.6%    -60.1%    -3.2%    9.0%    38.3%    1.8%    -15.0%    -6.6%    30.2%    40.2%    29.6%
    Short-Term Receivables            102.91    110.02    102.28    106.08    222.39    298.00    284.20    265.90        Short-Term Receivables            2.4%    2.2%    2.1%    2.1%    2.6%    3.0%    3.0%    1.9%    2.5%    9.5%    2.4%    9.2%        Short-Term Receivables                6.9%    -7.0%    3.7%    109.6%    34.0%    -4.6%    -6.4%    -5.5%    31.7%    19.5%    35.7%
    Accounts Receivables, Net            97.11    106.15    99.25    105.51    213.67    271.50    259.50    160.30        Accounts Receivables, Net            2.3%    2.1%    2.1%    2.1%    2.5%    2.8%    2.7%    1.2%    2.0%    8.3%    2.2%    7.1%        Accounts Receivables, Net                9.3%    -6.5%    6.3%    102.5%    27.1%    -4.4%    -38.2%    -21.3%    63.6%    13.7%    36.7%
    Accounts Receivables, Gross            97.11    106.15    99.25    105.51    213.67    271.50    259.50    160.30        Accounts Receivables, Gross        
John: Percentage of sales    3.6%    3.9%    3.7%    3.6%    6.6%    5.3%    4.8%    2.9%    3.8%    8.6%    4.3%    7.4%        Accounts Receivables, Gross                9.3%    -6.5%    6.3%    102.5%    27.1%    -4.4%    -38.2%    -21.3%    62.8%    13.7%    36.3%
    Other Receivables            5.81    3.87    3.03    0.57    8.72    26.50    24.70    105.60        Other Receivables        
John: Percentage of sales
    0.2%    0.1%    0.1%    0.0%    0.3%    0.5%    0.5%    1.9%    1.2%    1.3%    0.5%    2.2%        Other Receivables                -33.3%    -21.8%    -81.2%    1430.2%    203.8%    -6.8%    327.5%    160.4%    -51.0%    259.8%    22.1%
    Inventories            8.86    10.65    10.52    13.99    29.04    34.00    35.20    37.50        Inventories        
John: Percentage of sales    0.3%    0.4%    0.4%    0.5%    0.9%    0.7%    0.6%    0.7%    0.7%    9.8%    0.6%    14.8%        Inventories                20.2%    -1.2%    33.1%    107.6%    17.1%    3.5%    6.5%    5.0%    13.2%    26.7%    23.7%
    Other Current Assets            86.26    176.41    178.74    83.05    202.00    222.10    137.90    94.20        Other Current Assets            2.0%    3.5%    3.8%    1.6%    2.3%    2.3%    1.5%    0.7%    1.1%        2.2%    1.3%        Other Current Assets                104.5%    1.3%    -53.5%    143.2%    9.9%    -37.9%    -31.7%    -34.8%        19.4%    54.1%
    Prepaid Expenses            47.60    37.84    55.53    59.62    93.28    114.10    99.80    63.40        Prepaid Expenses        
John: Percentage of sales    1.8%    1.4%    2.1%    2.0%    2.9%    2.2%    1.8%    1.2%    1.5%    ERROR:#N/A    1.9%    ERROR:#N/A        Prepaid Expenses                -20.5%    46.8%    7.4%    56.5%    22.3%    -12.5%    -36.5%    -24.5%    ERROR:#N/A    9.1%    ERROR:#N/A
    Miscellaneous Current Assets            38.66    138.57    123.20    23.43    108.73    108.00    38.10    30.80        Miscellaneous Current Assets            0.9%    2.7%    2.6%    0.5%    1.3%    1.1%    0.4%    0.2%    0.3%        1.2%    1.3%        Miscellaneous Current Assets                258.4%    -11.1%    -81.0%    364.0%    -0.7%    -64.7%    -19.2%    -41.9%        63.7%    54.1%
    Total Current Assets            331.11    843.52    509.74    414.37    683.64    872.40    781.30    673.10        Total Current Assets            7.7%    16.7%    10.7%    8.1%    7.9%    8.9%    8.2%    4.9%    6.6%    44.5%    9.2%    56.4%        Total Current Assets                154.8%    -39.6%    -18.7%    65.0%    27.6%    -10.4%    -13.8%    -12.1%    26.5%    23.5%    24.3%
    Net Property, Plant & Equipment            1,179.98    1,179.75    1,247.23    1,401.93    3,035.86    3,116.50    3,039.60    7,561.00        Net Property, Plant & Equipment            27.6%    23.4%    26.2%    27.6%    35.1%    31.8%    32.0%    55.3%    43.6%    40.7%    32.4%    29.4%        Net Property, Plant & Equipment                -0.0%    5.7%    12.4%    116.5%    2.7%    -2.5%    148.7%    73.1%    42.4%    40.5%    51.9%
    Property, Plant & Equipment - Gross            1,242.91    1,407.99    1,644.32    1,985.03    3,828.15    4,383.40    4,736.70    9,381.10        Property, Plant & Equipment - Gross                33.0%    32.6%    41.7%    75.2%    50.7%    48.3%    98.8%    73.5%    81.0%    54.3%    59.1%        Property, Plant & Equipment - Gross                13.3%    16.8%    20.7%    92.9%    14.5%    8.1%    98.1%    53.1%    41.5%    37.8%    53.2%
    Accumulated Depreciation            62.93    228.24    397.09    583.10    792.29    1,266.90    1,697.10    1,820.10        Accumulated Depreciation    
Phnesha Davis: Phnesha Davis:
Percent of Gross PPE        5.1%    16.2%    24.1%    29.4%    20.7%    28.9%    35.8%    19.4%    27.6%    34.0%    22.5%    28.7%        Accumulated Depreciation                262.7%    74.0%    46.8%    35.9%    59.9%    34.0%    7.2%    20.6%    40.5%    74.4%    57.1%
    Total Investments and Advances            295.93    349.09    358.17    442.88    430.04    332.10    335.20    321.90        Total Investments and Advances            6.9%    6.9%    7.5%    8.7%    5.0%    3.4%    3.5%    2.4%    2.9%    0.6%    5.5%    0.9%        Total Investments and Advances                18.0%    2.6%    23.7%    -2.9%    -22.8%    0.9%    -4.0%    -1.5%    -22.4%    2.2%    50.8%
    LT Investment - Affiliate Companies            267.42    338.35    346.87    419.67    416.49    309.50    232.40    239.10        LT Investment - Affiliate Companies            6.3%    6.7%    7.3%    8.2%    4.8%    3.2%    2.4%    1.7%    2.1%    0.0%    5.1%    0.1%        LT Investment - Affiliate Companies                26.5%    2.5%    21.0%    -0.8%    -25.7%    -24.9%    2.9%    -11.0%        0.2%    -26.1%
    Other Long-Term Investments            28.51    10.73    11.30    23.21    13.56    22.60    102.80    82.80        Other Long-Term Investments            0.7%    0.2%    0.2%    0.5%    0.2%    0.2%    1.1%    0.6%    0.8%    0.6%    0.5%    0.8%        Other Long-Term Investments                -62.3%    5.3%    105.4%    -41.6%    66.7%    354.9%    -19.5%    167.7%    -22.4%    58.4%    54.6%
    Intangible Assets            2,460.87    2,563.36    2,553.93    2,685.45    4,351.68    5,395.90    5,245.10    4,984.40        Intangible Assets            57.6%    50.8%    53.6%    52.8%    50.4%    55.0%    55.2%    36.4%    45.8%    9.9%    51.5%    9.1%        Intangible Assets                4.2%    -0.4%    5.1%    62.0%    24.0%    -2.8%    -5.0%    -3.9%    6.2%    12.5%    41.5%
    Goodwill            2,217.69    2,289.80    2,289.80    2,406.69    3,932.96    4,931.70    4,788.70    4,789.10        Goodwill            51.9%    45.4%    48.1%    47.3%    45.5%    50.3%    50.4%    35.0%    42.7%    7.7%    46.7%    7.1%        Goodwill                3.3%    0.0%    5.1%    63.4%    25.4%    -2.9%    0.0%    -1.4%    5.2%    13.5%    42.4%
    Other Intangible Assets            243.18    273.56    264.13    278.75    418.72    464.20    456.40    195.30        Other Intangible Assets            5.7%    5.4%    5.5%    5.5%    4.8%    4.7%    4.8%    1.4%    3.1%    2.2%    4.7%    2.0%        Other Intangible Assets                12.5%    -3.4%    5.5%    50.2%    10.9%    -1.7%    -57.2%    -29.4%    10.2%    2.4%    40.6%
    Deferred Tax Assets            0.00    96.82    73.84    126.20    90.45    28.90    28.60    70.10        Deferred Tax Assets            0.0%    1.9%    1.6%    2.5%    1.0%    0.3%    0.3%    0.5%    0.4%        1.0%    2.1%        Deferred Tax Assets                    -23.7%    70.9%    -28.3%    -68.0%    -1.0%    145.1%    72.0%        15.8%    257.3%
    Other Assets            4.79    14.18    20.82    17.50    50.17    60.10    66.00    65.30        Other Assets            0.1%    0.3%    0.4%    0.3%    0.6%    0.6%    0.7%    0.5%    0.6%    4.3%    0.4%    2.7%        Other Assets                196.2%    46.8%    -15.9%    186.7%    19.8%    9.8%    -1.1%    4.4%    71.2%    63.2%    48.8%
    Deferred Charges            0.00    7.84    13.13    9.69    26.58    36.40    32.40    30.90        Deferred Charges            0.0%    0.2%    0.3%    0.2%    0.3%    0.4%    0.3%    0.2%    0.3%    ERROR:#N/A    0.2%    ERROR:#N/A        Deferred Charges                    67.4%    -26.2%    174.4%    37.0%    -11.0%    -4.6%    -7.8%    ERROR:#N/A    39.5%    ERROR:#N/A
    Tangible Other Assets            4.79    6.34    7.69    7.81    23.60    23.70    33.60    34.40        Tangible Other Assets            0.1%    0.1%    0.2%    0.2%    0.3%    0.2%    0.4%    0.3%    0.3%    4.3%    0.2%    2.7%        Tangible Other Assets                32.4%    21.2%    1.6%    202.0%    0.4%    41.8%    2.4%    22.1%    71.2%    43.1%    48.8%
    Total Assets            4,272.68    5,046.72    4,763.73    5,088.32    8,641.84    9,805.90    9,495.80    13,675.80        Total Assets            100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%        Total Assets                18.1%    -5.6%    6.8%    69.8%    13.5%    -3.2%    44.0%    20.4%    31.2%    20.5%    32.1%
    Liabilities & Shareholders' Equity                                                Liabilities & Shareholders' Equity            0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%        Liabilities & Shareholders' Equity                                                        
    Current                                                Current            0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%        Current                                                        
    ST Debt & Curr. Portion LT Debt            14.28    16.08    23.60    18.79    81.24    87.70    82.20    616.10        ST Debt & Curr. Portion LT Debt            0.3%    0.3%    0.5%    0.4%    0.9%    0.9%    0.9%    4.5%    2.7%    6.1%    1.1%    4.5%        ST Debt & Curr. Portion LT Debt                12.6%    46.8%    -20.4%    332.5%    7.9%    -6.3%    649.5%    321.6%    52.3%    146.1%    64.8%
    Accounts Payable            226.22    268.16    262.64    313.03    501.76    569.60    452.60    543.30        Accounts Payable    
John:
Percentage of sales        8.4%    9.8%    9.7%    10.6%    15.5%    11.2%    8.3%    9.9%    9.1%    22.2%    10.4%    32.4%        Accounts Payable                18.5%    -2.1%    19.2%    60.3%    13.5%    -20.5%    20.0%    -0.3%    16.9%    15.6%    22.1%
    Income Tax Payable            0.00    46.25    -    -    -    -    -    -        Income Tax Payable    
John: Percentage of sales    
Phnesha Davis: Phnesha Davis:
Tax rate = Income Taxes/Pretax Income    
John: Percentage of sales    
John: Percentage of sales    
John: Percentage of sales
        0.0%    1.7%                                ERROR:#N/A    0.8%    ERROR:#N/A        Income Tax Payable                                                ERROR:#N/A        ERROR:#N/A
    Other Current Liabilities            326.41    327.50    350.14    380.34    606.19    752.10    793.30    773.80        Other Current Liabilities            7.6%    6.5%    7.4%    7.5%    7.0%    7.7%    8.4%    5.7%    7.0%    12.2%    7.2%    13.5%        Other Current Liabilities                0.3%    6.9%    8.6%    59.4%    24.1%    5.5%    -2.5%    1.5%    24.1%    14.6%    32.7%
    Accrued Payroll            18.80    59.38    28.45    32.67    77.60    48.90    79.20    76.80        Accrued Payroll            0.4%    1.2%    0.6%    0.6%    0.9%    0.5%    0.8%    0.6%    0.7%    ERROR:#N/A    0.7%    ERROR:#N/A        Accrued Payroll                215.9%    -52.1%    14.8%    137.5%    -37.0%    62.0%    -3.0%    29.5%    ERROR:#N/A    48.3%    ERROR:#N/A
    Miscellaneous Current Liabilities            307.61    268.12    321.69    347.67    528.59    703.20    714.10    697.00        Miscellaneous Current Liabilities            7.2%    5.3%    6.8%    6.8%    6.1%    7.2%    7.5%    5.1%    6.3%    12.2%    6.5%    13.5%        Miscellaneous Current Liabilities                -12.8%    20.0%    8.1%    52.0%    33.0%    1.6%    -2.4%    -0.4%    24.1%    14.2%    32.7%
    Total Current Liabilities            566.91    658.00    636.38    712.15    1,189.19    1,409.40    1,328.10    1,933.20        Total Current Liabilities            13.3%    13.0%    13.4%    14.0%    13.8%    14.4%    14.0%    14.1%    14.1%    40.5%    13.7%    50.4%        Total Current Liabilities                16.1%    -3.3%    11.9%    67.0%    18.5%    -5.8%    45.6%    19.9%    23.3%    21.4%    27.0%
    Long-Term                                                Long-Term            0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%        Long-Term                                                        
    Long-Term Debt            2,187.04    2,178.93    1,876.67    1,995.87    4,355.11    4,799.00    5,201.00    9,736.80        Long-Term Debt                51.0%
Phnesha Davis: Phnesha Davis:
Previous years assets    
John: Percentage of sales            37.2%    41.9%    85.6%    55.5%    53.0%    102.5%    77.8%    34.6%    61.0%    25.5%        Long-Term Debt                -0.4%    -13.9%    6.4%    118.2%    10.2%    8.4%    87.2%    47.8%    31.9%    30.9%    78.0%
    Long-Term Debt excl Lease Obligations            2,070.67    2,069.67    1,775.13    1,902.60    3,745.76    4,220.10    4,707.80    4,733.40        Long-Term Debt excl Lease Obligations                48.4%
Phnesha Davis: Phnesha Davis:
Previous years assets    35.2%    39.9%    73.6%    48.8%    48.0%    49.8%    48.9%    16.1%    49.1%    14.5%        Long-Term Debt excl Lease Obligations                -0.0%    -14.2%    7.2%    96.9%    12.7%    11.6%    0.5%    6.1%    -2.7%    16.4%    168.9%
    Capital and Operating Lease Obligations            116.37    109.26    101.53    93.27    609.36    578.90    493.20    5,003.40        Capital and Operating Lease Obligations                2.6%
Phnesha Davis: Phnesha Davis:
Previous years assets    
John: Percent of previous year PPE        
John: Percentage of sales    
John: Percent of previous year intangible assets    
Phnesha Davis: Phnesha Davis:
Percent of previous year's assets    
Phnesha Davis: Phnesha Davis:
Percent of Gross PPE                2.0%    2.0%    12.0%    6.7%    5.0%    52.7%    28.9%    18.4%    11.8%    11.0%        Capital and Operating Lease Obligations                -6.1%    -7.1%    -8.1%    553.3%    -5.0%    -14.8%    914.5%    449.8%    83.9%    203.8%    78.6%
    Provision for Risks & Charges            -    30.18    48.44    90.83    86.51    98.50    82.30    77.80        Provision for Risks & Charges                0.6%    1.0%    1.8%    1.0%    1.0%    0.9%    0.6%    0.7%    0.3%    1.0%    1.0%        Provision for Risks & Charges                    60.5%    87.5%    -4.7%    13.9%    -16.4%    -5.5%    -11.0%    -55.4%    22.5%    8.6%
    Deferred Tax Liabilities            40.75    0.00    -    -    -    49.60    41.60    46.00        Deferred Tax Liabilities            1.0%    0.0%                0.5%    0.4%    0.3%    0.4%    0.9%    0.4%    3.1%        Deferred Tax Liabilities                -100.0%                    -16.1%    10.6%    -2.8%    50.5%    -35.2%    9.5%
    Other Liabilities            703.87    670.68    688.10    749.40    1,000.29    1,336.20    1,444.80    667.80        Other Liabilities            16.5%    13.3%    14.4%    14.7%    11.6%    13.6%    15.2%    4.9%    10.0%    5.3%    13.0%    3.9%        Other Liabilities                -4.7%    2.6%    8.9%    33.5%    33.6%    8.1%    -53.8%    -22.8%    44.9%    4.0%    39.5%
    Other Liabilities (excl. Deferred Income)            385.72    266.86    551.87    529.73    642.70    1,251.20    1,330.70    667.80        Other Liabilities (excl. Deferred Income)            9.0%    5.3%    11.6%    10.4%    7.4%    12.8%    14.0%    4.9%    9.4%    4.5%    9.4%    3.5%        Other Liabilities (excl. Deferred Income)                -30.8%    106.8%    -4.0%    21.3%    94.7%    6.4%    -49.8%    -21.7%    45.6%    20.6%    36.9%
    Deferred Income            318.15    403.82    136.23    219.67    357.60    85.00    114.10    0.00        Deferred Income            7.4%    8.0%    2.9%    4.3%    4.1%    0.9%    1.2%    0.0%    0.6%    0.9%    3.6%    0.6%        Deferred Income                26.9%    -66.3%    61.3%    62.8%    -76.2%    34.2%    -100.0%    -32.9%    41.4%    -8.2%    71.9%
    Total Liabilities            3,498.57    3,537.79    3,249.57    3,548.25    6,631.11    7,692.70    8,097.80    12,461.60        Total Liabilities            81.9%    70.1%    68.2%    69.7%    76.7%    78.4%    85.3%    91.1%    88.2%    72.8%    77.7%    74.7%        Total Liabilities                1.1%    -8.1%    9.2%    86.9%    16.0%    5.3%    53.9%    29.6%    26.0%    23.5%    34.3%
    Non-Equity Reserves            0.00    1.47    1.43    0.00    0.00    0.00    0.00    0.00        Non-Equity Reserves            0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    ERROR:#N/A    0.0%    ERROR:#N/A        Non-Equity Reserves                    -2.9%    -100.0%                        ERROR:#N/A    -51.5%    ERROR:#N/A
    Equity                                                Equity            0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%        Equity                                                        
    Preferred Stock (Carrying Value)            0.00    0.00    0.00    1.36    1.08    0.80    0.40    0.00        Preferred Stock (Carrying Value)            0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    ERROR:#N/A    0.0%    ERROR:#N/A        Preferred Stock (Carrying Value)                            -20.8%    -25.9%    -50.0%    -100.0%    -75.0%    ERROR:#N/A    -49.2%    ERROR:#N/A
    Redeemable Preferred Stock            0.00    0.00    0.00    1.36    1.08    0.80    0.40    0.00        Redeemable Preferred Stock            0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    ERROR:#N/A    0.0%    ERROR:#N/A        Redeemable Preferred Stock                            -20.8%    -25.9%    -50.0%    -100.0%    -75.0%    ERROR:#N/A    -49.2%    ERROR:#N/A
    Common Equity            774.11    1,507.47    1,512.73    1,538.70    2,009.65    2,112.40    1,397.60    1,214.20        Common Equity            18.1%    29.9%    31.8%    30.2%    23.3%    21.5%    14.7%    8.9%    11.8%    27.2%    22.3%    25.3%        Common Equity                94.7%    0.3%    1.7%    30.6%    5.1%    -33.8%    -13.1%    -23.5%    49.8%    12.2%    28.9%
    Common Stock Par/Carry Value            0.02    0.97    0.97    0.97    1.10    1.30    1.00    1.00        Common Stock Par/Carry Value            0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%        Common Stock Par/Carry Value                6380.0%    0.0%    0.0%    13.2%    18.2%    -23.1%    0.0%    -11.5%    0.0%    912.6%    0.0%
    Additional Paid-In Capital/Capital Surplus            801.80    1,161.15    1,172.52    1,182.92    1,627.38    2,241.60    1,998.40    2,001.90        Additional Paid-In Capital/Capital Surplus            18.8%    23.0%    24.6%    23.2%    18.8%    22.9%    21.0%    14.6%    17.8%    15.7%    20.9%    21.8%        Additional Paid-In Capital/Capital Surplus                44.8%    1.0%    0.9%    37.6%    37.7%    -10.8%    0.2%    -5.3%    25.4%    15.9%    20.5%
    Retained Earnings            (37.15)    321.73    327.08    352.68    384.40    (207.90)    (550.90)    (706.20)        Retained Earnings            -0.9%    6.4%    6.9%    6.9%    4.4%    -2.1%    -5.8%    -5.2%    -5.5%    13.0%    1.3%    7.1%        Retained Earnings                -966.0%    1.7%    7.8%    9.0%    -154.1%    165.0%    28.2%    96.6%    93.2%    -129.8%    48.3%
    Cumulative Translation Adjustment/Unrealized For. Exch. Gain            (0.53)    0.00    0.63    2.10    (1.78)    129.90    7.20    (8.80)        Cumulative Translation Adjustment/Unrealized For. Exch. Gain            -0.0%    0.0%    0.0%    0.0%    -0.0%    1.3%    0.1%    -0.1%    0.0%        0.2%    -1.0%        Cumulative Translation Adjustment/Unrealized For. Exch. Gain                -100.0%        235.1%    -184.7%    -7397.8%    -94.5%    -222.2%    -158.3%        -1294.0%    44.3%
    Unrealized Gain/Loss Marketable Securities            1.91    0.00    3.81    1.47    0.24    0.60    0.00    0.00        Unrealized Gain/Loss Marketable Securities            0.0%    0.0%    0.1%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%    0.0%        Unrealized Gain/Loss Marketable Securities                -100.0%        -61.6%    -83.8%    152.1%    -100.0%        -100.0%        -38.6%    -306.4%
    Other Appropriated Reserves            8.06    24.20    8.41    (0.76)    (1.01)    (4.90)    (1.70)    (17.30)        Other Appropriated Reserves            0.2%    0.5%    0.2%    -0.0%    -0.0%    -0.0%    -0.0%    -0.1%    -0.1%    -0.5%    0.1%    -0.5%        Other Appropriated Reserves                200.3%    -65.3%    -109.1%    32.4%    385.6%    -65.3%    917.6%    426.2%    54.6%    185.2%    54.6%
    Treasury Stock            0.00    (0.59)    (0.68)    (0.68)    (0.68)    (48.20)    (56.40)    (56.40)        Treasury Stock            0.0%    -0.0%    -0.0%    -0.0%    -0.0%    -0.5%    -0.6%    -0.4%    -0.5%    -1.0%    -0.2%    -2.8%        Treasury Stock                    15.6%    0.0%    0.0%    6988.2%    17.0%    0.0%    8.5%    0.0%    1170.1%    17.3%
    Total Shareholders' Equity            774.11    1,507.47    1,512.73    1,540.07    2,010.73    2,113.20    1,398.00    1,214.20        Total Shareholders' Equity            18.1%    29.9%    31.8%    30.3%    23.3%    21.6%    14.7%    8.9%    11.8%    27.2%    22.3%    25.3%        Total Shareholders' Equity                94.7%    0.3%    1.8%    30.6%    5.1%    -33.8%    -13.1%    -23.5%    49.8%    12.2%    28.9%
    Total Equity            774.11    1,507.47    1,512.73    1,540.07    2,010.73    2,113.20    1,398.00    1,214.20        Total Equity            18.1%    29.9%    31.8%    30.3%    23.3%    21.6%    14.7%    8.9%    11.8%    27.2%    22.3%    25.3%        Total Equity                94.7%    0.3%    1.8%    30.6%    5.1%    -33.8%    -13.1%    -23.5%    49.8%    12.2%    28.9%
    Total Liabilities & Shareholders' Equity            4,272.68    5,046.72    4,763.73    5,088.32    8,641.84    9,805.90    9,495.80    13,675.80        Total Liabilities & Shareholders' Equity            100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%    100.0%        Total Liabilities & Shareholders' Equity                18.1%    -5.6%    6.8%    69.8%    13.5%    -3.2%    44.0%    20.4%    31.2%    20.5%    32.1%
    Per Share                                                All figures in...
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