Iron Ore What? (IOW) Casting Company is considering adding a new line to its product mix. Sydney Johnson, a recently minted MBA, will be conducting the capital budgeting analysis. The new production line would be set up in unused space in IOWâs main plant. The machinery invoice...
07 Sep 2020Please do not respond if you are copying information from online articles and books. I have posted this question 3 times already. Below are the reasons that Multinational Corporations list their shares on foreign capital markets. Please explain each point below in a paragraph and...
07 Sep 2020The unpaid balance of balance of an installment loan is equal to the presnet value of the remaining payments. The unpaid balance, P, is given by where PMT is the regular payment amount, r, is the annual interest rate and, n is the number of payment per year, and i is the number o...
07 Sep 2020Kim Lee is trying to decide whether she can afford a loan she needs in order to go to chiropractic school. Right now Kim is living at home and works in a shoe store, earning a gross income of $2490 per month. Her employer deducts a total of $150 for taxes from her monthly pay. Ki...
07 Sep 2020A few years ago, Michael Tucker purchased a home for $115000. Today the home is worth $156000. His remaining mortgage balance is $57000. Assuming Michael can borrow up to 64 percent of the market value of his home, what is the maximum amount he can borrow? Round your answer to th...
07 Sep 2020What amount would you have if you deposited $3600 a year for 13 years at 5 percent (compounded annually)?
07 Sep 2020Go to Yahoo Finance and get the latest numbers for Apple, including the current price and the forward projection of earnings, and compute length of the excess earnings period, before Apple is only able to earn the opportunity cost of equity, which you must assume to be 10 percent...
07 Sep 2020Brenda Young desires to have $25900 saved after 8 years from now for her kids college fund. If she will earn 6 percent (compounded annually) on her money, what amount should she deposit now?
07 Sep 2020What would be the value of a savings account started with $1040 , earning 7 percent (compounded annually) after 8 years?
07 Sep 2020Below are the reasons that Multinational Corporations list their shares on foreign capital markets. Please explain each point below in a paragraph. (please post original work1.Diversifying risk2.Increase stock price3. Boost foreign sales
07 Sep 2020What does the "s19" stand for in Current Yield = 11 7/8s19
07 Sep 2020take a close look at the three major breakdown of The Statement of Cash Flow including Cash Flow Generated from Operating Activities, Investing Activities and Financing Activities. Each category has its own subtotaled named "Net Cash". Positive net cash represents positive cash i...
07 Sep 2020A 17-year annuity pays $1,500 per month, and payments are made at the end of each month. The interest rate is 15 percent compounded monthly for the first Six years and 14 percent compounded monthly thereafter.Required: What is the present value of the annuity?
07 Sep 2020You are comparing the current income statement of a firm to the pro forma income statement for next year. The pro forma is based on a four percent increase in sales. The firm is currently operating at 85 percent of capacity. Net working capital and all costs vary directly with sa...
07 Sep 2020if your firm held liabilities in a strong currency it would be wise toa) Engage in forward hedgingb) lag or delay the payments against the liability until the currency depreciatesc) engage in money market hedgingd) lead or reduce the iabilitues earlier than required.e) all of the...
07 Sep 20201. You are planning to make monthly deposits of $130 into a retirement account that pays 10 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 26 years?A. $192,183.65B. $201,792.83C. $182,574.47...
07 Sep 2020Cellular Talk is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 25 percent a year for the next three years and then decreasing the growth rate to 6 percent per year. The company just paid its annual dividend in the amount of...
07 Sep 2020The beta of M Simon Inc., stock is 1.4, whereas the risk-free rate of return is 0.09. If the expected return on the market is 0.14, then what is the expected return on M Simon Inc?
07 Sep 2020take a close look at the three major breakdown of The Statement of Cash Flow including Cash Flow Generated from Operating Activities, Investing Activities and Financing Activities. Each category has its own subtotaled named "Net Cash". Positive net cash represents positive cash i...
07 Sep 2020Last year, Joan purchased a $1,000 face value corporate bond with an 8% annual coupon rate and a 30-year maturity. At the time of the purchase, it had an expected yield to maturity of 11.55%. If Joan sold the bond today for $1,007.49, what rate of return would she have earned for...
07 Sep 2020ABC company will manufacture and sell 180,000 units next year. Fixed costs will total $350000 and variable costs will be 50% of sales. what selling price per unit is necessary to achieve a level of earnings before interest and taxes of $250000?
07 Sep 2020From Carnegies Gospel of WealthWhy does Carnegie think it is better to build public institutions than to give charity to the poor?
07 Sep 2020Segment 1C Q426. Calculating Financial Ratios [LO2] Find the following financial ratios for Smolira Golf Corp. (use year-end figures rather than average values where appropriate):Short-term solvency ratios:a. Current ratiob. Quick ratioAsset utilization ratios:e. Inventory turnov...
07 Sep 2020Segment 1C Q316. Sources and Uses of Cash [LO4] For each account on this companyâs balance sheet, show the change in the account during 2015 and note whether this change was a source or use of cash. Do your numbers add up and make sense? Explain your answer for total assets as ...
07 Sep 2020Segment 1C Q12. Current Ratio and Quick Ratio [LO2] In recent years, Dixie Co. has greatly increased its current ratio. At the same time, the quick ratio has fallen. What has happened? Has the liquidity of the company improved?
07 Sep 2020Explain in a few paragraphs the reasons that Multinational Corporations list their shares on foreign capital markets. (please post original work)
07 Sep 2020Today it was noticed the following information in newspaper 1 british $ = 102.62yen 1 us $ = 81.59 yen 1 us $ = 0.72 euros how many euros did the newspaper likely state could e converted from 1 british pound?
07 Sep 2020Segment 1B Q35. Calculating Taxes [LO3] The Dyrdek Co. had $267,000 in 2014 taxable income. Using the rates from Table 2.3 in the chapter, calculate the companyâs 2014 income taxes.the tax rate from Table 2.3 to calculate the companys income tax is 39%
07 Sep 2020You must evaluate a proposal to buy a new milling machine. The base price is $161,000, and shipping and installation costs would add another $16,000. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for $112,700. The applicable depreciation rates ...
07 Sep 2020Segment 1B Q29. Cash Flow to Stockholders and Creditors [LO4] Could a companyâs cash flow to stockholders be negative in a given year? (Hint: Yes.) Explain how this might come about. What about cash flow to creditors?This chart came with the problem, Im not sure if it applies b...
07 Sep 2020Problem 12-5 Optimal Capital BudgetMarble Construction estimates that its WACC is 10% if equity comes from retained earnings. However, if the company issues new stock to raise new equity, it estimates that its WACC will rise to 10.8%. The company believes that it will exhaust it...
07 Sep 2020Segment 1B Q16. Cash Flow from Assets [LO4] Suppose a companyâs cash flow from assets is negative for a particular period. Is this necessarily a good sign or a bad sign?If you need this to solve the problem here it is, Im just not sure if it applys, if not then just ignore this...
07 Sep 2020When computing WACC, you should use the:pretax cost of debt because it is the actual rate the firm is paying bondholders.current yield because it is based on the current market price of debt.aftertax cost of debt because interest is tax deductible.pretax cost of debt because most...
07 Sep 20203. Dividends and Retained Earnings [LO1] Suppose the firm in Problem 2 paid out $95,000 in cash dividends. What is the addition to retained earnings?
07 Sep 2020. Dividends and Retained Earnings [LO1] Suppose the firm in Problem 2 paid out $95,000 in cash dividends. What is the addition to retained earnings?
07 Sep 2020Problem 12-2 Project cash flowEisenhower Communications is trying to estimate the first-year net operating cash flow (at Year 1) for a proposed project. The financial staff has collected the following information on the project:Sales revenues$5 millionOperating costs (excluding ...
07 Sep 2020Building an Income Statement [LO1] Billyâs Exterminators, Inc., has sales of $817,000, costs of $343,000, depreciation expense of $51,000, interest expense of $38,000, and a tax rate of 35 percent. What is the net income for this firm?
07 Sep 2020Xavier Inc. is considering two mutually exclusive projects. The EAA for Project Zed is $1270.35. Project Gee has an initial investment of $7000 and annual revenues of $2800 for 5 years.Which project should Coral Corp pick if their WACC is 7.0%?
07 Sep 2020Segment 1A1. Building a Balance Sheet [LO1] KCCO, Inc., has current assets of $5,300, net fixed assets of $24,900, current liabilities of $4,600, and long-term debt of $10,300. What is the value of the shareholdersâ equity account for this firm? How much is net working capital?
07 Sep 2020What is an advantage of fee-for-service health insurance?Please explain in detail.
07 Sep 2020What are liability risks?Please explain in detail.
07 Sep 2020Jenna owns a car and carries insurance that covers property damage and liability. Her monthly premium is $150, and her deductible is $475. In the last year she had two accidents. One caused $1,500 in damage, and the other caused $7,000 in damage. How much did Jenna pay for the da...
07 Sep 2020A project has a projected IRR of negative 100 percent. Which one of the following statements must also be true concerning this project?a. The discounted payback period equals the life of the project.b. The operating cash flow is positive and equal to the depreciation.c. The net p...
07 Sep 2020Down Under Boomerang, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $2.58 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which it will be worthless. The project is...
07 Sep 2020What is the net present value of a project that has an initial cash outflow of $7,670 and cash inflows of $1,280 in Year 1, $6,980 in Year 3, and $2,750 in Year 4? The discount rate is 12.5 percent.$68.20$249.65$86.87$270.16$371.02
07 Sep 2020LilyMac Studios, a national chain of photography studios, is considering opening up a chain of coffee shop/ art galleries. While the existing operations of the firm have a beta of 1.17, the new chain is expected to have a beta of 0.8. LilyMac currently has 500,000 shares of commo...
07 Sep 2020Given the following data: Cost of debt = rD = 6%; Cost of equity = rE = 12.1%; Marginal tax rate = 35%; and the firm has 50% debt and 50% equity. Calculate the after-tax weighted average cost of capital (WACC):A.8%B.7.1%C.9.05%D.None of the given values
07 Sep 2020Explain why bond prices decrease when interest rates increase.
07 Sep 2020The common stock of Taranis Thunder has an expected return of 17.85 percent. The risk-free rate is 3.9 percent and the market risk premium is 9.43 percent. What is the beta of Taranus stock
07 Sep 2020Epona wants to create a $25,000 portfolio that consists of three stocks and has an expected return of 12.6 percent. Currently, she owns $15,685 of stock A and $6,474 of stock B. The expected return for stock A is 16 percent, and for stock B it is 10.16 percent. What is the expect...
07 Sep 2020
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