Polaroid Corporation designs, manufactures, and markets worldwide \ instant photographic cameras and films, electronic imaging recording devices, conventional films, and light polarizing filters and lenses. The following information is for Polaroid:
|
(in millions) |
2,000 |
1999 |
|
Net sales |
$13,994 |
$14,089 |
|
Income before interest and taxes |
2,310 |
2,251 |
|
Net income |
1,407 |
1,392 |
|
Interest expense |
178 |
142 |
|
Stockholders” equity (on 1998 December 31, |
3,428 |
3,912 |
|
$3,988) |
||
|
Common stock, par value $1, December 31 |
978 |
978 |
Compute the following for both 2000 and 1999. Then compare and comment.
a. EPS of common stock.
b. Net income to net sales.
c. Net income to average common stockholders” equity.
d. Times interest earned ratio.