Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
Bling Gold Mines, Inc. CONSOLIDATED STATEMENTS OF INCOME (US dollars in thousands, except per share amounts) Years ended December 31, 2014 2013 2012...
I need some help with this case study. I have to decide wether or not I should invest in this gold mine. After look at these financial statements I have decided to invest in this gold mine because of some of the following
-Sales revenue increased by a margin of $9,876 from 2012 to 2013 and then by $18,318 from 2013 to 2014
- Income per share increase from $2.83 in 2012 to $4.40 in 2014
- Total liabilities decreased from $96,149 to $65,132
- Net income also increases $28,300 to $43,977 in 2014.
But i am having difficulty in pointing out more reasons as to why I should invest. Also I am not sure how to calculate Earning- per share ratio and net income to sales ratio.
- Attachment 1
- Attachment 2
- Attachment 3
- Attachment 4
- Attachment 5