2024 – Gerrard Construction Co is an excavation contractor The following summarized data in thousands
Gerrard Construction Co. is an excavation contractor. – 2024
Gerrard Construction Co. is an excavation contractor. The following summarized data (in thousands) are taken from the December 31, 2007, financial statements:
Net Revenue………………….. …$16,100
Cost of Services Provided……….5,700
Depreciation expense……………3,250
Operating Income………………..$7,150
Interest Expense………………….1,900
Income Tax expense……………..1,600
Net Income…………………………$3,650
ASSETS
Cash and short-term investments………………$1,400
Accounts receivable, net………………………….4,900
Property, plant, and equipment, net……………38,700
Total Assets…………………………………………$45,000
Accounts payable……………………………………$750
Income taxes payable……………………………….800
Notes payable (long term)………………………….23,750
Paid-in capital…………………………………………5,000
Retained earnings……………………………………14,700
Total liabilities and owners equity………………..$45,000
2. Price/earnings ratio
3. Dividend yield
4. Dividend payout ratio
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