What is the amount of the firm net fixed assets

Assignment Help Financial Management
Reference no: EM131625230

The Caughlin Company has a long-term debt ratio of .30 and a current ratio of 1.60. Current liabilities are $860, sales are $6,280, profit margin is 8.2 percent, and ROE is 19.1 percent. What is the amount of the firm’s net fixed assets? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

Net fixed assets $

Reference no: EM131625230

Questions Cloud

What was company profit margin and net loss in dollars : Prince Albert Canning PLC had a net loss of £35,843 on sales of £199,352. What was the company’s profit margin? What was the net loss in dollars?
Makes us indifferent between annuity and perpetuity : find the interst rate that makes us indifferent between an annuity and a perpetuity.
What is the opportunity cost if julia purchases the new car : Julia determines that her other car-related expenses (gas, oil) will stay about the same What is the opportunity cost if Julia purchases the new car?
Offering new admission and tuition payment plan : Prestigious University is offering a new admission and tuition payment plan for all alumni.
What is the amount of the firm net fixed assets : The Caughlin Company has a long-term debt ratio of .30 and a current ratio of 1.60. What is the amount of the firm’s net fixed assets?
Exercise include both inpatient and outpatient revenue : Budget assumptions for this exercise include both inpatient and outpatient revenue and expense. complete the first worksheet for As Budgeted.
Maintains money market and marketable securities accounts : Your company does business in the four countries noted below and maintains money market and marketable securities accounts at reputable banks in each country.
Absolute purchasing power-relative purchasing power parity : Theory of Purchasing Power Parity (PPP), noting the difference between absolute purchasing power parity, relative purchasing power parity.
Calculate the addition to retained earnings expected : Calculate the addition to retained earnings expected in 2016.

Reviews

Write a Review

Financial Management Questions & Answers

  What is the company cost of equity capital

Twice Shy Industries has a debt−equity ratio of 1.2. Its WACC is 9 percent, and its cost of debt is 5.7 percent. The corporate tax rate is 35 percent. What is the company’s cost of equity capital? What would the cost of equity be if the debt−equity r..

  Interest rate risk occurs because

Interest rate risk occurs because of:

  What can principals do to reduce agency costs

Develop mechanisms that tend to make principals more confident.- What are agency costs?- What can principals do to reduce agency costs?

  How is conversion factor of bond calculated by the cme group

How is the conversion factor of a bond calculated by the CME Group? How is it used?-  A Eurodollar futures price changes from 96.76 to 96.82. What is the gain or loss to an investor who is long two contracts?

  What is the six-month forward rate

An exchange rate is 0.7000 and the six-month domestic and foreign risk-free interest rates are 5% and 7% (both expressed with continuous compounding). What is the six-month forward rate?

  Evaluating a project for the tiff-any golf club

You are evaluating a project for The Tiff-any golf club, guaranteed to correct that nasty slice.

  Two machines required in your production process

You are considering the purchase of one of two machines required in your production process. Machine A has a life of two years. Machine A costs $50 initially and then $70 per year in maintenance. Machine B has an initial cost of $90. It requires $40 ..

  Considered to be independent of financial leverage

Why is EBIT generally considered to be independent of financial leverage? Why might EBIT be influenced by financial leverage at high debt levels?

  Considering a new three-year expansion project

Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $3 million. The fixed asset falls into the three-year MARCS class. The project is estimated to generate $2,180,000 in annual sales, ..

  What is the fee schedule for these services

What is the fee schedule for these services, assuming that the goal is to cover only variable and direct fixed costs?

  What is the expected profit for listing

A real estate agent is trying to sell a house. It will cost her $1000 to list the house. If she sells it herself, she will earn 6% of the selling price. If someone else sells it off of her listing, she will earn 3% of the selling price. If it remains..

  Way of increasing leverage and thus the risk of default

Nearly one in 10 mortgage borrowers in 2005 and 2006 took out “option ARM” loans, which meant they could choose to make payments so low that their mortgage balances rose every month. Choosing to defer interest payments was a way of increasing leverag..

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd