User Account

All Pages

What is the altman discriminant function value for mkl inc

Assignment Help Finance Basics
Reference no: EM132499316

MKL Inc., a publicly traded manufacturing firm, has provided the following financial information in its application for a loan.

Assets$Liabilities and equity$Cash50Accounts payable30Accounts receivables130Notes payable90Inventory140Accruals110 Long-term debt140Plant and equipment600Equity550Total assets920Total liabilities and equity920

Also assume sales = $450, cost of goods sold = $350, taxes = $56, interest payments = $40 and net income = $44; the dividend payout ratio is 35 per cent and the market value of equity is equal to the book value.

What is the Altman discriminant function value for MKL Inc.?

Reference no: EM132499316

Questions Cloud

Ratio of price to expected earnings for river cruises : What is the ratio of price to expected earnings for River Cruises before it borrows the $210,000?
What is the value of an otherwise identical firm : What is the value of an otherwise identical firm with %0 debt? Assume M&M CASE 2 with corporate taxes only.
Which is the correct recording regarding the financial event : Payments were paid in cash and the machine payment was paid on a long-term account. Which is the correct recording regarding the financial event?
What is the monthly payment on the car loan : You want to buy a house, but you still need to pay your car loan of $15,000 over the next 3 years. Your annual income is $50,000 and the bank estimates
What is the altman discriminant function value for mkl inc : MKL Inc., a publicly traded manufacturing firm, has provided the following financial information in its application for a loan.
Form cost of preferred stock financing-nature food inc : Nature Food Inc. needs to estimate the cost of financing on preferred stock. The firm has preferred stock outstanding that pays a constant
Why do think all of the given skills are necessary : A digital forensics professional must know basic IT skills, understand computer architecture and networking, and have analytical and investigative skills.
Determine the annual unit sales required to break even : Determine the annual unit sales required to break even on a time-adjusted basis. Assume straight-line depreciation is used to determine tax payments
What are some of the industry standard certifications : What are some of the industry standard certifications that exists. Which ones are the most sought after in the IT security field? 350 words.

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the net present value per day

On an average day, a company writes checks totaling $1,500. These checks take 7 days to clear. The company receives checks totaling $1,800. These checks take 4 days to clear. The cost of debt is 9%. If the average daily float is $3,300, what is the n..

  Define the min-match and index function

Floyd's Bumpers has distribution centers in Lafayette, Indiana: Charlotte, North Carolina; Los Angeles, California; Dallas, Texas; and Pittsburgh, Pennsylvania.

  Problem of juggernaut satellite corporation

Juggernaut Satellite Corporation earned $23 million for the fiscal year ending yesterday. The firm also paid out 30 percent of its earnings as dividends.

  Jobs in a chicken processing plant

1. What are the competencies that you think would be most relevant to the jobs in a chicken processing plant? Briefly discuss the relevance of each one.

  Analysis for american express

The company is quite handsome in terms of market value of its shares and stock prices traded in the major stock exchanges of United States. The financial positioning of the company is sound enough that it enjoys the leverage ranges from 7- 9

  Explain carefully what is meant by the expected price of a

explain carefully what is meant by the expected price of a commodity on a particular future date. suppose that on

  Compute the cash collection from sales for each month

Compute the cash collection from sales for each month from January through March.

  Overall management of the firm

What is the role of financial planning in the overall management of the firm? Be specific!

  Determining the yield to maturity

Assuming that the yield to maturity of each bond remains at 8.5% over the next 4 years, what will be the price of Bond Z at the following time periods?

  What key actions should firm pursue to achieve this object

Why would a firm wish to minimize its cash conversion cycle (CCC) even though each of its components is important to the operation of the business? What key actions should the firm pursue to achieve this objective?

  Define which one of the following statements is correct

Which one of the following statements is correct, all else held constant?

  Use appendix d

What is the difference between the present value of the settlement at 5 percent and 11 percent? Compute each one separately. Use Appendix D.

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