What is the amount of the firms net fixed assets

Assignment Help Financial Management
Reference no: EM13806758

The Caughlin Company has a long-term debt ratio of .43 and a current ratio of 1.50. Current liabilities are $990, sales are $6,410, profit margin is 9.3 percent, and ROE is 20.4 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.)

Reference no: EM13806758

Questions Cloud

What is payback period-expected remaining life of the cart : It will cost $3,500 to acquire a small hot dog cart. Cart sales are expected to be $1,500 a year for three years. After the three years, the cart is expected to be worthless as that is the expected remaining life of the cart. What is the payback peri..
Advantages and disadvantages to using a traditional IRA : Discuss the advantages and disadvantages to using a traditional IRA, including when it may be advantageous to use a non deductible IRA
International owned depreciable plant assets : On July 1 of the current year, Melissa Co. acquired 25% of the outstanding shares of common stock of International Co. at a total cost of $700,000. The underlying equity (net assets) of the stock acquired by Melissa was only $600,000. Compute the tot..
What are the companys days sales in receivables : A company has net income of $183,000, a profit margin of 7.7 percent, and an accounts receivable balance of $122,370. Assuming 80 percent of sales are on credit, what are the company’s day’s sales in receivables?
What is the amount of the firms net fixed assets : The Caughlin Company has a long-term debt ratio of .43 and a current ratio of 1.50. Current liabilities are $990, sales are $6,410, profit margin is 9.3 percent, and ROE is 20.4 percent. What is the amount of the firm’s net fixed assets?
What about tenfold increase in your money with a growth rate : How long will it take to double your money with an interest rate of 10 percent? 20 percent? 40 percent? What about tenfold increase in your money with a growth rate of 50 percent? On the advice of your broker ten years ago, you invested in a $6 stock..
Pre tax operating costs-initial investment : Kolby’s Korndogs is looking at a new sausage system with an installed cost of $910,000. This cost will be depreciated straight-line to zero over the project’s seven-year life, at the end of which the sausage system can be scrapped for $105,000. The s..
What is the amount to use as the annual sales : Winnebagel Corp. currently sells 29,700 motor homes per year at $81,500 each and 8,700 luxury motor coaches per year at $123,500 each. The company wants to introduce a new portable camper to fill out its product line; it hopes to sell 24,700 of these..
What is the present worth of this cash flow : Consider the following cash flow of company profits. A company earns $3600 in years 1, 2, & 3, from years 4 through 7 the profits increase by $500 annually. What is the present worth of this cash flow, if the interest rate is 9% and total years analy..

Reviews

Write a Review

Financial Management Questions & Answers

  Explain where in the consolidated financial statements

Explain where in the consolidated Financial Statements of Group X would you find evidence of a S i Non Controlling Interest (NCI) using AASB - provide the relevant paragraphs of the AASB Standards for all of the following requirements:

  Discuss the comoanys decision to distribute a dividend

Prepare an income statement and aretained earnings statement for the month of june and a balance sheet at june 30, 2014.

  Considered a separate legal entity from its shareholders

A general partnership must have at least 2 members with each having their potential financial loss in the partnership limited to their individual investment. The owner of a sole proprietorship has unlimited liability for the company’s debt. A corpora..

  Investor required rate of return-stock is currently trading

A stock current dividend is $1.00 and its expected dividend is $1.10 next year. If the investor required rate of return is 15% and the stock is currently trading at $20.00. What is the implied expected price in one year?

  Its return on equity has dropped from 12.25

Moogle, Inc. is in the same business as Google, Inc., but has recently retired all its debt to become an all-equity firm. Its return on equity has dropped from 12.25% to 10.60% as a result of this

  Rate of return and has a required discounted payback

Danny Zuteck is considering an investment which will cost him $120,000. The investment produces no cash flows for the first year. In the second year the cash inflow is $35,000. This inflow will increase to $55,000 and then to $75,000 for the followin..

  Recently issued two types of bonds

Pierre Imports recently issued two types of bonds. The first issue consisted of 10-year straight debt with a 9 percent annual coupon. The second issue consisted of 10-year bonds with a 8 percent annual coupon and attached warrants. Discuss 3 advantag..

  What is the equity multiplier

The Corner Store has sales of $72,510, total assets of $60,400, a debt-equity ratio of 1.2, and a profit margin of 3 percent. What is the equity multiplier?

  Average length of the firms short-term operating cycle

Pretty Lady Cosmetic Products have an average production process time of forty days. Finished goods are kept on hand for an average of fifteen days before they are sold. Accounts receivable are outstanding an average of thirty-five days,, and the fir..

  What is the cost of preferred stock-risk-free rate

The 8.50 percent preferred stock of Ajax Unlimited is selling for $92.30 a share. What is the cost of preferred stock if the risk-free rate is 3.95 percent?

  The NPV of the Collinsville Plant

The average unlevered beta of publicly traded Sodium Chlorate businesses is 0.94. Assume zero debt beta. The target capital structure that is appropriate for Collinsville plant is 35% debt and 65% equity. Assume a risk-free rate of 9.5% and market ri..

  What is richmond corporations total net cash flow

Richmond Corporation was founded 20 years ago by its president, Daniel Richmond. The company originally began as a mail-order company but has grown rapidly in recent years, in large part due to its Web site. Because of the wide geographical dispersio..

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