Compute the? firm operating profit margin

Assignment Help Financial Management
Reference no: EM131835218

?(Evaluating profitability?) Last? year, Stevens Inc. had sales of ?$405, with a cost of goods sold of $117,000. The? firm's operating expenses were $127,000?, and its increase in retained earnings was $50. There are currently 21,700 common stock shares outstanding and the firm pays a $1.581.58 dividend per share

a. Assuming the? firm's earnings are taxed at 34 percent, construct the? firm's income statement.

b. Compute the? firm's operating profit margin.

c. What was the times interest? earned?

Reference no: EM131835218

Questions Cloud

Taxable equivalent yield-marginal tax bracket : What's the taxable equivalent yield on a municipal bond with a yield to maturity of 3.7 percent for an investor in the 33 percent marginal tax bracket?
How much will she have at the end of four years : Your aunt is planning to invest in a bank CD that will pay 8.00 percent interest semi-annually. how much will she have at the end of four years?
What will be the value of the investment : Chuck Tomkovick is planning to invest $23,000 today in mutual fund that will provide return of 9 percent each year.What will be value of investment in 10 years?
What will your monthly payment be : You want to buy a new sports car from Muscle Motors for $88,000. What will your monthly payment be?
Compute the? firm operating profit margin : Compute the? firm's operating profit margin. What was the times interest? earned?
What is the effective annual rate of savings account : What is the effective annual rate of a savings account that pays an APR of 4% and compounds quarterly?
What is the company total asset turnover : The Cavo Company has an ROA of 9.1 percent, a profit margin of 10.5 percent, and an ROE of 16.5 percent. What is the company’s total asset turnover?
Calculate the earnings per share-market-to-book ratio : Calculate the earnings per share, market-to-book ratio, and price–earnings ratio for each company.
Incorrect regarding the humanistic paradigm : Which of the following is/are incorrect regarding the Humanistic Paradigm? Which of the following are NOT consistent with the Humanistic Paradigm?

Reviews

Write a Review

Financial Management Questions & Answers

  Compute the duration of the equity portfolio

Using a 50 basis-point change compute the duration of the equity (unlevered) portfolio.

  The normal rate return on large company stocks consists

The normal rate return on large company stocks consists of a:

  Preference over common stockholders in terms of dividends

Preferred stockholders have preference over common stockholders in terms of dividends. If a preferred dividend is missed, the firm is technically in default. SEC may allow firms to issue different classes of common shares that differ in voting rights..

  What is the projected amount of fixed costs

A company is considering a project with a cash break-even point of 31,422 units. The selling price is $39 a unit, the variable cost per unit is $27, and depreciation is $14,000. What is the projected amount of fixed costs?

  Calculate the companys weighted-average cost of capital

The expected rate of return on the shares is 12%. Calculate the opportunity cost of capital for an average-risk Whispering Pines investment. Next, suppose the company issue debt, repurchases shares, and moves to a 30% debt to value ratio (D/V=.30). C..

  What is the current share price

Gruber Corp. pays a constant $7.10 dividend on its stock. The company will maintain this dividend for the next 10 years and will then cease paying dividends forever. If the required return on this stock is 11 percent, what is the current share price?

  Point-of-time related values and period-related values

What is the difference between point-of-time related values and period-related values and what do they have in common? Give Practical examples for each.

  How much will you have in each of the instances

If you invest $18,000 today, how much will you have in each of the following instances? In 7 years at 9 percent?

  Expected dividend yield and capital gains yield

what would be the expected dividend yield and capital gains yield for the first year?

  What is total commission paid by the seller at closing

The listing agreement indicated that a 6% commission would be paid at closing. What is the total commission paid by the seller at closing?

  Target capital structure of debt-preferred-common stock

Shi Importers' balance sheet shows $300 million in debt, $50 million in preferred stock, and $250 million in total common equity. Shi's tax rate is 40%, rd = 7%, rps = 8.5%, and rs = 11%. If Shi has a target capital structure of 30% debt, 5% preferre..

  What number of visits is required to break even

YOU are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenues (10,000 visits): $400,000; Wages and benefits: $220,000; Rent: $5,000; Construct the clinic's projected P&L statement...

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