Calculate the equity multiplier

Assignment Help Financial Accounting
Reference no: EM132999128

Problem 1: Gardening Tools Inc. has a net working capital of $8,200. Total assets are $98,000; Fixed assets are $71,100. Long-term Debt is $21,500; Owner's equity is $57,800. Calculate the Equity Multiplier.

Reference no: EM132999128

Questions Cloud

Difference between cml and sml lines in portfolio theory : Estimate the CML line equation and calculate the value of time assuming that: risk-free rate is 3,5%, the market portfolio rate of return is 6%, and the standar
How much would she be willing to lend you today : You have just graduated, are dead broke, but would still like to buy a new car so that you can show it off on Instagram. Your rich Aunt Amy, who is a retired in
Which is the best definition of a regular underwriting : Which is the best definition of a regular underwriting? An underwriting provision that permits syndicate members to purchase additional shares at the original.
Calculate the three components of extended du pont equation : Calculate the three components of extended Du Pont equation for MBM Corp. The firm has taxable income of $32,600 and a tax rate of 21%.
Calculate the equity multiplier : Total assets are $98,000; Fixed assets are $71,100. Long-term Debt is $21,500; Owner's equity is $57,800. Calculate the Equity Multiplier.
Calculate the return on equity for peter pan transport inc : Peter Pan Transport Inc. has equity multiplier of 1.8x; total debt is $144,400. Calculate the ROE (Return On Equity) given that profit margin is 8.6%.
How much is the sweepstakes actually worth today : Suppose you win a $5 million lottery prize. If the appropriate discount rate is 6%, how much is the sweepstakes actually worth today?
What effective exchange rate implied by the big mac is : What effective exchange rate implied by the Big Mac is? Calculate your profit/loss if the ending exchange rate is S(Peso/$)=16 after a week.
Make the necessary entries on October : The contract calls for "Doc Brown" to deliver Big Ben on January 3, 2021. Make the necessary entries on October 25, December 31 and January 3

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare a statement of stockholders equity

The accounting cycle for Kelly Consulting for April, including financial statements, Prepare a statement of stockholders equity

  What is the company cost of equity

Shadow Corp. has no debt but can borrow at 6.74%. The firm's WACC is currently 8.48% and the tax rate is 35%. What is the company's cost of equity

  What is the amount of the firm''s total stockholder equity

Your firm has the following balance sheet statement items: total liabilities of $1,000,000: What is the amount of the firm's total stockholder equity

  Find the company uses a periodic inventory system

Find the company uses a periodic inventory system.Transactions are posted immediately to the relevant ledger account if they are entered into general journal

  Find what is the amount of stevie ordinary income

Nicks Corporation, when the share price was $10 per share, what is the amount of Stevie's ordinary income with respect to the restricted stock?

  How the bond allocation in an individuals portfolio works

How much in bonds might an investor typically hold when they are 25? What about when they are 65? For an individual investor, do you think this is a good

  How can calculate the amount of cash

How can calculate the amount of cash, Interest expense, discount and carry amount for september 2020. please show the calculation

  What total assets should be reported at

On Mirr's December 31, 2017 balance sheet, total assets should be reported at? Mirr Company was incorporated on January 1, 2017, with proceeds from the issuance

  Shares outstanding of cumulative preferred stock

Zeff Corporation has 2,000 shares outstanding of cumulative preferred stock and 6,000 shares of common stock. The preferred stock is entitled to an annual dividend of USD 18 per share before dividends are declared on common stock. No preferred divide..

  How many pounds of coffee beans must be sold monthly

Scott and Tom are coffee roasters. They can roast up to 12,000 pounds of coffee beans monthly at their flagship store in Soho. However, they can only sell 3,000 pounds of coffee beans in the Soho store (flagship). Thus, Scott and Tom decided to open ..

  How would your amortization schedule change

How would your amortization schedule change if interest were to be compounded quarterly and the payments were monthly

  Advantages and disadvantages of complying with sox

Explain how SOX helps an organization assess their internal controls. What are the advantages and disadvantages of complying with SOX?  Do you agree SOX is effective in mitigating risk? Explain your position.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd