User Account

All Pages

Planku2019s plants had net income of 4000 on sales of 70000

Assignment Help Accounting Basics
Reference no: EM13579630

Plank%u2019s Plants had net income of $4,000 on sales of $70,000 last year. The firm paid a dividend of $1,480. Total assets were $200,000, of which $80,000 was financed by debt.

a.

What is the firm%u2019s sustainable growth rate? (Do not round intermediate calculations. Round your answer to 1 decimal place.)
  Sustainable growth rate %
b.

If the firm grows at its sustainable growth rate, how much debt will be issued next year? (Do not round intermediate calculations.)
  New debt $   
c.

What would be the maximum possible growth rate if the firm did not issue any debt next year? (Do not round intermediate calculations. Round your answer to 1 decimal place.)
  Maximum growth rate %  

Reference no: EM13579630

Questions Cloud

For a particular year theaverage math score on the act is : for a particular year theaverage math score on the act is 19.7 with a standard deviation of 4.7. what is the
Find the sustainable and internal growth rates for a firm : find the sustainable and internal growth rates for a firm with the following ratios asset turnover 2.00 profit margin
Ivan company has a goal of earning 160000 after-tax income : ivan company has a goal of earning 160000 after-tax income. ivan would need to pay 29000 of income taxes at the target
The type of sample statistic that is used to make : the type of sample statistic that is used to make inferences about a given type of population parameter is calleda. the
Planku2019s plants had net income of 4000 on sales of 70000 : planku2019s plants had net income of 4000 on sales of 70000 last year. the firm paid a dividend of 1480. total assets
Administrative expenses 336000 cost of goods sold 1190000 : the following information was taken from the records of cantu inc for the year 2012. income tax applicable to income
Find the z value to the right of the mean so that 6293 of : find the z value to the right of the mean so that 62.93 of the area under the distribution curve lies to the left of
Shares in raven products are selling for 96 per share there : shares in raven products are selling for 96 per share. there are 1 million shares outstanding. what will be the share
Good values inc is all-equity-financed the total market : good values inc. is all-equity-financed. the total market value of the firm currently is 100000 and there are 2000

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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