Reference no: EM13919599
Problem 1: Building a Balance Sheet: Jones, Incorporated has net fixed assets of $22,500, current assets of $8,200, current liabilities of $6,400, and long-term debt of $12,500. What is the value of the company's stockholders equity and net working capital?
Problem 2: Building an Income Statement: Tanner, Incorporated has sales of $863,000, costs of $407,000, depreciation expenses of $58,000, and interest expenses of $23,600, with a tax rate of 35 percent. Calculate the net income for the firm. If the company paid out $77,000 in cash dividends, calculate the increase to retained earnings.
Problem 3: Calculating Operating Cash Flow: Willard, Incorporated has sales of $26,400, costs of $9,400, depreciation expense of $1,500, interest expense of $925, and a tax rate of 40 percent. Calculate the operating cash flow.
Problem 4: Equity Multiplier and Return on Equity: Drake Company has a return on assets of 10.75 percent, total equity of $875,000, and a debt-equity ratio of 0.85. What is the equity multiplier? What is the return on equity? What is the net income?
Problem 5: Sustainable Growth: GTS Corporation has a 12 percent ROE and a 30 percent payout ratio. Calculate its sustainable growth rate.
Problem 6: Calculating Taxable Income: The Conrad Company has $267,000 in taxable income. Using the rates on the taxable income table below, calculate their average tax rate and marginal tax rate. Problem 6. Calculating Taxable Income Taxable Income Tax Rate
0-50,000.
15%
50,001.-75,000.
25%
75,001.-100,000.
34%
100,001.-335,000.
39%
335,001-10,000,000.
34%
10,000,001-15,000,000.
35%
15,000,001-18,333,333.
38%
18,333,334+
35%
|
Past five years that can be traced back to a foreign policy
: You have already developed a thesis statement and developed an outline in which you explored two (2) real-life international incidents from the past five (5) years involving the United States involving the United States as a world power. Now you w..
|
|
Stock has an annual return mean and standard deviation
: Tyler Trucks stock has an annual return mean and standard deviation of 8 percent and 27 percent, respectively. Michael Moped Manufacturing stock has an annual return mean and standard deviation of 19.0 percent and 63 percent, respectively. What is th..
|
|
Probability histogram of the chi-squared statistic
: Consider drawing 7 cards at random with replacment from a standard deck of playing cards. For this problem, consider Aces to be face cards, not numbered cards. Which of the following sets of variables have a multinomial joint distribution? (select..
|
|
How does just-in-time inventory control help organizations
: How does just-in-time (JIT) inventory control help organizations become more lean?
|
|
Building an income statement-operating cash flow
: Building a Balance Sheet: Jones, Incorporated has net fixed assets of $22,500, current assets of $8,200, current liabilities of $6,400, and long-term debt of $12,500. What is the value of the company's stockholders equity and net working capital?
|
|
Market for firms goods is big enough to sell enough units
: Nordyne inc.'s marketing sales director doesn't think that the market for the firm's goods is big enough to sell enough units to make the company's target operating profit of $20,000,000. in fact, she believes that the firm will be able to sell only ..
|
|
What management changes would you suggest
: If you manage a phone assembly department, when during the month would you tend to request that your phone circuit boards be assembled by the board department (everything else being held constant)? Explain why.
|
|
How many boats of each type should captain john rent
: If Captain John's daily profit contribution is $50 for sailboats, $70 for cruisers, and $100 for luxury yachts, how many boats of each type should he rent?
|
|
Us government to bring home
: In January 1971, a Gallup Poll asked, "A proposal has been made in Congress to require the US government to bring home all US troops before the end of the year. Would you like to have your congressman vote for or against this proposal?" Guess the ..
|