How much of their assets is financed with equity

Assignment Help Financial Management
Reference no: EM13877964

Nicole's Neon Signs, Inc. reported a debt to equity ratio of 1.9 times at the end of 2013. If the firm's total assets at year-end are $100 million, how much of their assets is financed with equity?

Reference no: EM13877964

Questions Cloud

Households and nonprofit organizations : Using data from the Z.1 statistical release published by the Board of Governors of the Federal Reserve please answer the questions based on the following data series. Households and nonprofit organizations; home mortgages; liability
Return on assets and return on common shareholders equity : When considering the difference between return on assets (ROA) and return on common shareholders' equity (ROE), Preferred dividends are deducted from the numerator when calculating ROE, but not when calculating ROA.
What was the firms sales to working capital ratio : A firm reported working capital of $5.5 million and fixed assets of $20 million. Its fixed asset turnover was 1.2 times. What was the firm's sales to working capital ratio?
What is the expected return on a portfolio : A stock has a beta of 1.28 and an expected return of 12.6 percent. A risk-free asset currently earns 4.2 percent. What is the expected return on a portfolio that is equally invested in the two assets? (Do not round intermediate calculations.
How much of their assets is financed with equity : Nicole's Neon Signs, Inc. reported a debt to equity ratio of 1.9 times at the end of 2013. If the firm's total assets at year-end are $100 million, how much of their assets is financed with equity?
How do you do this on a financial calculator : You are considering a 20-year, $1,000 par value bond. Its coupon rate is 8%, and interest is paid semiannually. If you require an "effective" annual interest rate (not a nominal rate) of 10.03%, how much should you be willing to pay for the bond?
Best estimate of the stocks current intrinsic price : Decker Tires’ free cash flow was just FCF0 = $1.32. Analysts expect the company's free cash flow to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The WACC for this company 9.00%. Decker has $4 million..
What is expected capital gains yield for coming year : One year ago Clark Company issued a 10-year, 13% semiannual coupon bond at its par value of $1,000. Currently, the bond can be called in 6 years at a price of $1,065, and it now sells for $1,270. What is the expected capital gains (or loss) yield for..
Outstanding shares of webster mills : You currently own 6 percent of the 2 million outstanding shares of Webster Mills. The company has just announced a rights offering with a subscription price of $50. One right will be issued for each share of outstanding stock. This offering will prov..

Reviews

Write a Review

Financial Management Questions & Answers

  Aftertax cash savings-cost of capital for such risky project

Scanlin, Inc., is considering a project that will result in initial aftertax cash savings of $1.86 million at the end of the first year, and these savings will grow at a rate of 2 percent per year indefinitely. The firm has a target debt−equity ratio..

  Major stake of shares and is threatening to exert influence

Suppose a firm finds itself as the target of a possible hostile takeover. An outsider investor has acquired a major stake of shares and is threatening to exert influence on the board.

  What is the RNOA

Before going into year-end closing a company has operating income of $40,000 with a marginal tax rate of 25%. Operating assets are $500,000 and operating liabilities are $200,000. What is the RNOA?

  Calculate financial ratios-evaluating financial statement

It is often stated that anyone with a pencil can calculate financial ratios, but it takes a brain to interpret them. What kinds of things should the analyst keep in mind when evaluating the financial statements of a given firm?

  Compute the yield to maturity

Compute the yield to maturity of a $2,500 par value bond with a coupon rate of 7.5% (quarterly payments that is, four times per year) that matures in 25 years. The bond is currently selling for $3,265.rounded to one decimal place.

  Determine whether account balances are materially correct

Audits of financial statements are designed to determine whether account balances are materially correct. Assume that your client is a manufacturing company that has the following assets on its balance sheet. Describe a substantive audit procedure th..

  What is the operating cash flow for the first year

The Sports Club wants to expand its facility. The expansion will require $438,000 in building improvements that will be depreciated on a straight-line basis over a 20-year period. The expanded area is expected to generate $203,000 in additional sales..

  Addition net working capital investments

Production of the implants will require $1,800,000 in net working capital to start and addition net working capital investments each year equal to 15 percent of the projected states sales increase for the following year. Total fixed costs are $2,500...

  Accounts receivable period is the time that elapses

The accounts receivable period is the time that elapses between the _____ and the ____.

  Change in accounting estimate

Change in accounting estimate

  Hart enterprises recently paid dividend

Hart Enterprises recently paid a dividend, D0, of $2.75. It expects to have no constant growth of 25% for 2 years followed by a constant rate of 8% thereafter. The firm's required return is 10%.

  Purchased the bond today and held it until maturity

Billy Bobs, Inc has a $1000 par value bond that is currently selling for $911.It has an annual coupon rate of 11.70%, paid semi-annually, and has 28-years remaining until maturity What would the annual yield to maturity be on the bond if you purchase..

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