Reference no: EM131084222
For the most recent year, Seether, Inc., had sales of $447,000, cost of goods sold of $218,400, depreciation expense of $58,100, and additions to retained earnings of $50,300. The firm currently has 32,000 shares of common stock outstanding, and the previous year’s dividends per share were $1.35. The income tax rate is 30 percent.
a) What was the EBIT?
b) How much in total dividends did the company pay?
c) What was the company's net income?
d) What was the company's earnings before tax (EBT)?
e) What was the company's interest payment?
f) What was the company's times interest earned ratio?
|
Computing the weighted average cost of capital
: "Lowe's has 100,000 shares of common stock outstanding at a market price of $40 a share. There are 10,000 shares of 8 percent preferred stock outstanding at a market price of $30 a share. The firm has 1000 bonds outstanding with a face value of $1,00..
|
|
What is the expected return on portfolio
: You own a portfolio that is 35 percent invested in Stock X, 20 percent in Stock Y, and 45 percent in Stock Z. The expected returns on these three stocks are 8 percent, 19 percent, and 15 percent, respectively. What is the expected return on the portf..
|
|
What is olympics after-tax cost of debt
: Olympic Sports has two issues of debt outstanding. One is a 9 percent coupon bond with a face value of $20 million, a maturity of 10 years, and a yield to maturity of 10 percent. The coupons are paid annually. What is the before-tax cost of debt for ..
|
|
What was your total real return on investment
: You bought one of Great White Shark Repellant Co.’s 9 percent coupon bonds one year ago for $780. These bonds make annual payments and mature 8 years from now. Suppose you decide to sell your bonds today, when the required return on the bonds is 12 p..
|
|
What was the company interest payment-earnings before tax
: For the most recent year, Seether, Inc., had sales of $447,000, cost of goods sold of $218,400, depreciation expense of $58,100, and additions to retained earnings of $50,300. What was the company's net income? What was the company's earnings before ..
|
|
What is npv-mirr and irr of project if expected saving
: You have been asked to analyze the possibility of replacing a bocce ball machine that your company bought 5 years ago. It had an expected life of 10 years at the time of purchase and cost $1,200,000 to purchase. Your firm has been depreciating the eq..
|
|
What is the bond nominal yield to call
: Williams Industries has a bond outstanding with 15 years to maturity, an 8.75% coupon paid semiannually, and a $1,000 par value. The bond has a 6.50% nominal yield to maturity, but it can be called in 6 years at a price of $1,075. What is the bond’s ..
|
|
What was his percentage return on investment
: Dave bought a rental property for $725,000 cash. One year later, he sold it for $750,000. Suppose Dave invested only $105,000 of his own money and borrowed $620,000 interest-free from his rich father. What was his percentage return on investment?
|
|
How many units must be sold to break even
: A manufacturer has fixed cost of $500,000 and variable costs per unit of $7.00. The final product sells for $32.00 a unit. How many units must be sold to break even? If the fixed cost increased, would the new break-even point be higher or lower? If ..
|