Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
At year-end 2010, Bertin Inc."s total assets were $1.2 million and its accounts payable were $375,000. Sales, which in 2010 were $2.5 million, are expected to increase by 25% in 2011. Total assets and accounts payable are proportional to sales, and that relationship will be maintained. Bertin typically uses no current liabilities other than accounts payable. Common stock amounted to $425,000 in 2010, and retained earnings were $295,000. Bertin has arranged to sell $75,000 of new common stock in 2011 to meet some of its financing needs. The remainder of its financing needs will be met by issuing new long-term debt at the end of 2011. (Because the debt is added at the end of the year, there will be no additional interest expense due to the new debt.) Its profit margin on sales is 6%, and 40% of earnings will be paid out as dividends.
a. What were Bertin"s total long-term debt and total liabilities in 2010?
b. How much new long-term debt financing will be needed in 2011?
steve madison needs 250000 in 10 years. how much must he invest at the end of each year at 11 interest to meet his
1.which of the following is considered a hybrid organizational form?2.which of the following is a principal within the
The 6-month, 12-month, 18-month, and 24-month zero rates are 3.00%, 3.5%, 4%, and 4.5% with semi-annual compounding.
using the company research in motion llc the makers of blackberry identify examples of how concepts and issues in
Tom Cruise Lines, Inc., issued bonds five years ago at $1,000 per bond. These bonds had a 20-year life when issued and the annual interest payment was then 13 percent.
Mike is finding for a stock to include in his current stock portfolio. He is interested in Apple Corporation he has been impressed with the firm's computer products and believes Apple is an innovative market player.
Explain Analysis of the financial statements with comparison of industry averages and prepare a columnar report for the controller of Heartland Inc
The equipment cannot be used elsewhere in the company, and it has no market value. However, the space occupied by the production of the valve can be used by another production group that is currently leasing space for $55,000 per year.
A company has a bond issue outstanding that pays $150 annual interest plus $1000 at maturity. The bond has a maturity of 10 years. Compute the value of the bond when the interest rate is 5%, 9%, and 13%. Describe the pattern and the type of risk t..
Describe the financial environment at Genesis.
Explain what position in the option makes a portfolio that is gamma neutral and Give size of position and state whether it is long or short
rolston recording has total assets of 10500000 and a total asset turnover of 2.10 times. if the return on assets is 13
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd