Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Illinois Tool Company (ITC) fixed operating costs are $1,260,000 and its variable cost ratio (i.e. variable costs as a fraction of sales) is 0.70. The firm has $3,000,000 in bonds outstanding at an interest rate of 8 percent. ITC has 30,000 shares of $5 preferred stock and 150,000 shares of common stock outstanding. ITS is in the 50 percent corporate income tax bracket. Forecasted sales for next year are $9 million. What is ITS's degree of financial leverage at an EBIT level of $1,440,000?
Management is considering an alternative collection procedure to reduce its float. On average, it takes five days from the time customers mail payments until Faust is able to receive, process, and deposit them.
a Treasury note quoted at 98:25, a corporate bond quoted at 103.20, and a municipal bond quoted at 101.85. If the Treasury and corporate bonds have a par value of $1,000
If Sidman reinvests retained earnings in projects whose average return is equal to the stock's expected rate of return, what will be next year's EPS
If a firm remains in business indefinitely, the pension obligation will resemble a perpetuity. Suppose, therefore, that you are managing a pension fund with obligations to make perpetual payments of $3.0 million per year to beneficiaries.
The common stock and debt of Northern Sludge are valued at $60 million and $40 million, respectively. Investors currently require a 16.7% return on the common stock and a 7.0% return on the debt.
All is not lost: You just received an offer in the mail to transfer your $12,000 balance from your current credit card, which charges an annual rate of 19.8 percent, to a new credit card charging a rate of 10.4 percent.
To finance the purchase, you have arranged for a 30-year mortgage loan for 80 percent of the $2,800,000 purchase price. The monthly payment on the loan will be $22,000.
You borrow $235,000 the annual loan payments are $22,874.04 for 30 years. What interest rate are you being charged
Determine the rate earned on total assets, the rate earned on stockholders' equity, and the rate earned on common stockholders' equity for the years 2011 and 2012. When required, round to one decimal place.
during the period before retirement you can earn 8% annually, while after retirement you can earn 10% on your money. What annual contributes to the retirement fund will allow you to recieve the $12,000 annuity
You deposit $2,200 in your bank account. If the bank pays 4% simple interest, how much will you accumulate in your account after 10 years What if the bank pays compound interest (annually)
ashley has a major medical health insurance policy with a $2 million lifetime limit. The policy has a $500 calendar year deductible and a 20 percent coinsurance clause.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd