What is highfields profit margin

Assignment Help Financial Management

Reference no: EM131448460

Highfield Corporation has assets of $2,500, sales of $2,960, operating costs of $2,475, and $500 of total current liabilities consisting of $300 of accruals and $200 of notes payable. Its long-term debt is $1,150, its common equity is $850, its interest charges are $92, and its tax rate is 40%. What is Highfield's profit margin? a. 7.39% b. 7.58% c. 7.77% d. 7.97% e. 8.17%

Reference no: EM131448460

Questions Cloud

The maintenance expense on a machine is expected : The maintenance expense on a machine is expected to be $5000 during the first year and to increase $600 each year for the following ten years. What present sum of money should be set aside now to pay for the required maintenance expense over the ten ..

Deposit each quarter to achieve your goal : Suppose that you have $40,000 in an account that earns eight percent, compounded monthly. You want this $40,000 to grow to $160,000 in fifteen years. However, you plan on making sixty equal quarterly deposits into the account, beginning one quarter f..

How much one will be your account three years : How much one will be your account three years from today, if you deposit $1000 today, $2000 from today and $ 2500 two years from today. Given that the interest rate is 6% compounded annually?

What price of car can you afford : You are looking to buy a car. You can afford $510 in monthly payments for four years. In addition to the loan, you can make a $1,600 down payment. If interest rates are 8.50 percent APR, what price of car can you afford?

What is highfields profit margin : Highfield Corporation has assets of $2,500, sales of $2,960, operating costs of $2,475, and $500 of total current liabilities consisting of $300 of accruals and $200 of notes payable. Its long-term debt is $1,150, its common equity is $850, its inter..

What is the total rate of return on the bond : Consider a bond paying a coupon rate of 11.25% per year semiannually when the market interest rate is only 4.5% per half-year. The bond has three years until maturity. Find the bond's price today and six months from now after the next coupon is paid...

What will be the approximate capital gain of this bond : A bond has a par value of $1,000, a time to maturity of 10 years, and a coupon rate of 8.40% with interest paid annually. If the current market price is $840, what will be the approximate capital gain of this bond over the next year if its yield to m..

Covariance and correlation coefficient between two stocks : Suppose that the index model for stocks A and B is estimated from excess returns with the following results: What are the covariance and correlation coefficient between the two stocks?

What is the standard deviation of the portfolio : Suppose that the index model for stocks A and B is estimated from excess returns with the following results: What is the standard deviation of the portfolio? What is the beta of your portfolio?

User Account

All Pages