n, The following are partial financial statements for an industrial firm that you are required to analyze and value. All

[answerhappygod]

n,
The following are partial financial statements for an industrialfirm that you are required to analyze and value. All amounts are inmillions of dollars.
Alma Corporation
Income Statement for Fiscal Year 2019
(in Millions of Dollars)
Sales
200
Cost of Goods Sold
(85)
Gross Margin
115
Selling and General Expenses
(22.4)
Research and Development
(4.2)
Other operating expenses
(8.2)
Income from equity investments
7.5
Operating Income
87.7
Interest Income
8
Interest Expense
(15)
Other income (See Note 2)
14
Income before income taxes
94.2
Income taxes
32.97
Net Income
61.23
Alma Corporation
Statement of Shareholders’ Equity for Fiscal Year2019
(in Millions of Dollars)
Balance, end of 2018
202.8
Net Income
61.23
Unrealized loss on debt investments
(4.44)
Foreign currency translation gain
6.29
Dividends paid to common stockholders
(16)
Preferred stock dividends
(1.25)
Sale of common stock
25
Repurchase of common stock
(3.4)
Balance, end of 2019
270.23
Alma Corporation
Statement of Financial Position (Balance Sheet) as of31st December 2019
(in Millions of Dollars)
Current Assets
Cash
34.23
Cash Equivalents
10.50
Short-term trading investment
3.30
Sort-term investments available for sale
4.50
Net Accounts Receivables
13.90
Prepaid expenses and other current assets
5
Deferred Income taxes
2.40
Total Current Assets
73.83
Long-term Assets
Equity and other investments
20
Long-term Investments available for sale
7.35
Property, Plant and Equipment
316.1
Other Assets
22.4
Other Intangible Assets
4.15
Total Long-term Assets
370
TOTAL ASSETS
443.83
Current Liabilities
Accounts Payable
90.8
Accrued Taxes
1.85
Unrealized Revenues (Deferred Revenues)
1.67
Current maturities of long-term debt
1.68
Other accrued expenses
4
Total Current Liabilities
100
Long-term liabilities
Long-term debt
60
Other long-term liabilities
13.60
Total long-term liabilities
73.6
Shareholders’ Equity (Common Stock)
200
Shareholders’ Equity (Preferred Stock)
11
Other additional paid-in-capital
23.63
Retained earnings
35.60
TOTAL SHAREHOLDERS’ EQUITY
270.23
TOTAL LIABILITIES AND OWNERS’ EQUITY.
443.83
Notes:
19.45
(3.45)
(2)
Required: