Reference no: EM13200901
1. Building an Income statement. Lifetime, Inc. has sales of $585,000, costs of $273, 000, depreciation expense of $71,000, interest expense of $38,000, and a tax rate of 35%. What is the net income for this firm?
2. Per Share Earnings and Dividends. Suppose the firm in Problem A had 40,000 shares of common stock outstanding. What are the earnings per share, or EPS, figure? What are the dividends per share figure?
(Problem A: Dividends and Retained Earnings: Suppose the firm in Problem 1 paid out $36,000 in cash dividends. What is the additional income for this firm?
3. Calculating OCF. Hammett, Inc. has sales of $19,570, costs of $9, 460, depreciation expense of $2,130, and interest expense of $1,620. If the tax rate is 35 percent, what is the operating cash flow, or OCF?
4. Preparing a Balance Sheet. Prepare a balance sheet for Alaskan
Orange Corp. as of December 31, 2010, based on the following information: cash = $193,000; patents and copyrights = $847,000; accounts payable = $296,000; accounts receivable = $253,000; tangible net fixed assets = $5,100, 000; inventory = $538,000; notes = $189,000; accumulated retained earnings = $4,586,000; long-term debt = $1,250,000.
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What is the maximum weekly wage at which the firm would hire
: total output increases from 100 units to 110 units per week. Suppose the market price of output is $25 per unit. What is the maximum weekly wage at which the firm would hire that additional worker
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Find the market equilibrium price
: The government has to go into the market and buy output, which it then puts in a warehouse for indefinite storage. the government must buy units of output to reach its price target the price support program raises profit per firm to.
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Why have the experiences of the two age groups differed
: Poverty among the elderly fell dramatically between 1959 and 1974 and has continued to decline. However, poverty among that portion of the US population that is less than 18 years old is no lower today than in the 1970s.
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What government assistance programs does the census bureau
: How does the US Department of Agriculture calculate the official poverty level What government assistance programs does the Census Bureau consider when calculating household income What programs are ignored
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Prepare a balance sheet for alaskan
: Suppose the firm in Problem A had 40,000 shares of common stock outstanding. What are the earnings per share, or EPS, figure? What are the dividends per share figure?
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Is this simultaneous output decision a prisoners dilemma
: Suppose the firms colluded to fix output at QS = 90 and QW = 70. Fill in the missing price and profit information in the payoff table below, where the other output choice is the output for each firm that you determined above.
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How many truck loads will be required to remove the dirt
: A rectangular trench is to be dug which is to be 180 ft long, 90 ft wide and 8 ft deep. A large dump truck can carry 20 cubic yards in a load. How many truck loads will be required to remove the dirt from this trench?
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How many medical test kits were sold last year
: This year, 230 million test kits are expected to be sold. this represents a 122% increase from the number of kits that were sold last year. How many medical test kits were sold last year?
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How quickly is revenue changing
: The price function for selling Squinks is p = 180 - 7x. Sales are 38 per day and dropping at 5 per day. How quickly is revenue changing?
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