How much long-term debt does blackwell automotive have

Assignment Help Financial Management
Reference no: EM13850486

Tim Dye, the CFO of Blackwell Automotive, Inc., is putting together this year's financial statements. He has gathered the following balance sheet information: The firm had a cash balance of $23,015, accounts payable of $163,257, common stock of $313,600, retained earnings of $512,159, inventory of $212,300, goodwill and other assets equal to $78,656, net plant and equipment of $710,100, and short-term notes payable of $21,115. It also had accounts receivable of $141,258 and other current assets of $11,223. How much long-term debt does Blackwell Automotive have?

Reference no: EM13850486

Questions Cloud

Provide an example of company that has faced ethical problem : Are there any ethical problems in utilizing Cash flow statement? Please bring an example of the company that has faced ethical problems in using Cash flow statement.
How can marketing manager know whether demand for a product : how can the marketing manager know whether demand for a product is elastic or inelastic?
Income statement and statement of retained earnings : This assignment draws on your understanding of Chapters 1 and 2. Create the Balance Sheet, Income Statement and Statement of Retained Earnings for the following company in an Excel workbook, employing three sheets. Use the prescribed GAAP presenta..
What is the companys net working capital : Laurel Electronics reported the following information at its annual meeting: The Company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,118,000, accounts receivables of $3,453,700, short-term ..
How much long-term debt does blackwell automotive have : Tim Dye, the CFO of Blackwell Automotive, Inc., is putting together this year's financial statements. He has gathered the following balance sheet information: The firm had a cash balance of $23,015, accounts payable of $163,257, common stock of $313,..
Estimate the company wacc : What do you estimate the company's WACC? Be sure to do all calculations for 3 years, using Excel. Use real numbers from the financials, not reported ratios provided by online and other sources. Show the source of the numbers.
Calculate the return on the bond : The price of a bond with 4% annual coupon and $100 face value in year T is $90. Is the yield to maturity greater than, the same, or less than to the annual coupon rate? Explain in one sentence. Calculate the current yield in period T. Calculate the r..
Prevailing interest rate or yield to maturity : Suppose the prevailing interest rate, or yield to maturity is 6%. All bonds have $100 face value. Price a discount bond of 10 year maturity. Show your work. Write down the formula you would use to price an annual coupon bond with annual coupon rate o..
What is the profitability index for each project : Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 –$ 341,000 –$ 51,000 1 54,000 24,900 2 74,000 22,900 3 74,000 20,400 4 449,000 15,500 which ever project you choose, if any, you require a 15 percent return on..

Reviews

Write a Review

Financial Management Questions & Answers

  Investors expectations for the price of the stock

A share of stock with a beta of 0.85 now sells for $70. Investors expect the stock to pay a year-end dividend of $2. The Treasury bill rate is 2 percent and the market risk premium is 5 percent. If the stock is perceived to be fairly priced today, wh..

  Misrepresentation and hidden debt

Why do you think Peter F. James (newly appointed controller) was the first to discover the fraud? Why didn't other accountant who worked for the firm detect the fraud earlier?

  Using the assumption that sales will increase 20 in the

research a company of your choice and locate the latest financial statements published by the company.for the following

  Include the pepsi-cola bottling group in the portfolio

Perform some research on the web, and outline the evolution of PepsiCo from 1970 forward. How has their portfolio changed over the years (include the Pepsi-Cola Bottling Group in the portfolio)?

  What is the profitability index and payback period

Jordan and Taylor want to purchase a new 60 quart floor mixer for $12,000. This machine would have a 5 year life with a salvage value of $2,000. The new machine would decrease operating costs by $1,000 each year of its economic life. What is the payb..

  What is the average collection period

LaDoris & Mike, Inc. sells earnings forecasts for Chinese securities. It's credit terms are 1/5, net 15. Based on experience, 85 percent of all customers take the discount. What is the average collection period?

  New project-generate after-tax cash flows

Suppose Klausenheimer, Inc. is considering a new project. The project alone will cost $50,000,000 and is expected to generate after-tax cash flows of $5,000,000, $6,000,000 and 7,000,000 during the first three years. Assuming Klausenheimer has a corp..

  What will be the monthly loan payment and EAR

You want to buy a car, and a local bank will lend you $10,000. The loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 6% with interest paid monthly. What will be the monthly loan payment? What will be the loa..

  What is the price and bond equivalent yield

A Treasury bill that settles on May 18, 2012, pays $100,000 on August 21, 2012. Assuming a discount rate of 5.41 percent, what is the price and bond equivalent yield?

  Explain a discounted cash-flow analysis

The salvage value at the end of the 10 years is expected to be $1,500,000, which is solely the value of the land. The firm's tax rate is 40 percent, and the firm's discount rate is 15 percent. Based on a discounted cash-flow analysis, should the in..

  Company must manufacture annually to not lose money

Sprockets sell for $5 and have fixed costs of $1 million per year and variable costs of $2 per sprocket. What is the minimum number of sprockets the company must manufacture annually to not lose money? Solve using excel functions.

  What is the current value of vandells stock

What is the current value of Vandell's stock and what profit or loss would Security Brokers incur if the issue were sold to the public at the following average price?

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