What is the amount of the firm net fixed assets

Assignment Help Financial Management
Reference no: EM131994904

The Arkham Company has a ratio of long-term debt to long-term debt plus equity of .31 and a current ratio of 1.7. Current liabilities are $870, sales are $6,290, profit margin is 8.7 percent, and ROE is 19.2 percent. What is the amount of the firm’s net fixed assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Reference no: EM131994904

Questions Cloud

Will mary reach her goal of being able to spend : Mary wants to spend $250,000 during each year in retirement. She wants the money to last for 30 years. She plans to invest $25,000 a year for 35 years.
What is the eoq : Weekly demand is 100 units, and there are 50 weeks in the work year. The item costs $10 per unit. What is the EOQ?
What is the modified duration of bond : Market yields for this type of bond are 4 percent. What is the modified duration of this bond?
Scheduled receipts for any item : If the lead time for all items is one week and there are no scheduled receipts for any item, how many units of product A can be delivered to customers
What is the amount of the firm net fixed assets : Current liabilities are $870, sales are $6,290, profit margin is 8.7 percent, and ROE is 19.2 percent. What is the amount of the firm’s net fixed assets?
What is the value of the company in given case : Maslyn Corp. has an EBIT of $975,000 per year that is expected to continue in perpetuity. The unlevered cost of equity for the company is 13 percent.
What will be the change in the firm total monthly profits : If the interest rate is 1% per month, what will be the change in the firm's total monthly profits on a present value basis if credit is offered to all customers
What is the current value per share at a given discount rate : Martin's Yachts is expected to pay annual dividends of $1.40, $1.75, and $2.00 a share over the next three years, respectively. After that, the dividend.
Calculate bank of america gap : Calculate Bank of America gap. By how much will the bank’s profits change if interest rates increase by 2%? Will profits increase or decrease?

Reviews

Write a Review

Financial Management Questions & Answers

  What will be the? firm need for discretionary? financing

Fishing Charter Inc. estimates that it invests ?$0.34 in assets for each dollar of new sales. ? However, ?$0.03 in profits are produced by each dollar of additional? sales, of which ?$0.01 can be reinvested in the firm. If sales rise by ?$300,000 nex..

  Present value of tax shield if corporate tax rate increases

A triple A rated company borrows $100 millions interest only loan for a 10 year period at fixed rate of 5.5 percent. Assuming the company is in the 35 percent tax bracket. What will be the present value of the tax shield over the ten year period assu..

  What would be the expected rate of return

If the value of the current stock is $35, what would be the expected rate of return?

  Plus pay the bank its required rate of interest

What equal annual payments must be made to discharge the loan, plus pay the bank its required rate of interest?

  Required return equal to the expected return

what is the value of the stock today (assume the market is in equilibrium with the required return equal to the expected return)?

  Project be accepted based on profitability index criterion

Should this project be accepted based on the profitability index criterion? Why or why not?

  Calculate the present value of annuity streams

Calculate the present value of the following annuity streams: a. $6,000 received each year for 6 years on the last day of each year

  Expectations theory of the term structure of interest rates

According to the expectations theory of the term structure of interest rates,

  Equivalent annual cost of one packing machine

What is the equivalent annual cost of one packing machine if the required rate of return is 12%?

  Conducted taste tests for a new coffee product

A company that franchises coffee houses conducted taste tests for a new coffee product. The company prepared four blends and randomly chose individuals to do a taste test and state which of the four blends they liked best. Results of the taste test f..

  Exposure to changing exchange rates

Brazilian aircraft maker Embraer has been negatively impacted not only by its exposure to changing exchange rates,

  If projects are mutually exclusive

If projects are mutually exclusive: a: they can only be accepted under capital rationing, b: the selection of one alternative precludes the seclusion of other alternatives, c: the payback method should be used, or d: the net present value method will..

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