What is the addition to retained earnings

Assignment Help Financial Management

Reference no: EM132031757

1. Papa Roach Exterminators, Inc., has sales of $634,000, costs of $305,000, depreciation expense of $43,000, interest expense of $29,000, and a tax rate of 30 percent. If the firm paid out $80,000 in cash dividends. What is the addition to retained earnings?

2. How much would need to be invested today to accumulate $6,000 in 6 years when the interest rate is 7% compounded yearly? (Use Excel)

3. How long will it take for $2,000 to accumulate to $4,000 if the interest rate is 5%? (Use Excel to solve).

Reference no: EM132031757

Questions Cloud

What is the maximum price you would pay for share today : What is the maximum price you would pay for a share today if you wanted to earn a 12% return?

Traditional and nontraditional life insurance products : Compare the difference between traditional and nontraditional life insurance products by explaining the financial disintermediary.

What was net capital spending : The company's 2009 income statement showed a depreciation expense of $785,000. What was net capital spending for 2009?

What was the company change in net working capital or nwc : The 2009 balance sheet showed current assets of $1,760 and current liabilities of $1,020. What was the company's 2009 change in net working capital, or NWC?

What is the addition to retained earnings : Papa Roach Exterminators, Inc., has sales of $634,000, costs of $305,000, What is the addition to retained earnings?

The market over-valuing or under-valuing firm : If the market is pricing Firm A with an Expected Return of 10%, is the market over-valuing or under-valuing Firm A?

Find this ad hoc wacc attempt : You find this ad hoc WACC attempt and wish to improve it by finding the most correct WACC from the following information.

Assured of good moving reimbursement : Chris is a new recruit/hire for the company and has been assured of a good moving reimbursement which is written on his acceptance letter.

Discuss the current structure of the banking industry : Discuss the current structure of the banking industry in America. Compare and contrast today’s structure versus historical structures.

User Account

All Pages