Long-term debt-total equity and total liabilities and equity

Assignment Help Financial Management
Reference no: EM13877944

Tribke Enterprises collected the following data from its financial reports for 2012:

Stock Price $18.37

Inventory balance $300,000

Expenses (excluding COGS) $1,120,000

Shares outstanding 290,000

Average issue price of shares $5.00

Gross Margin % 40%

Interest ratio 8%

TIE ratio 8

inventory turnover 12 X

current ratio 1.5

quick ratio .75

fixed asset turnover 1.5

Set up an income statement that includes revenue, COGS, GM, EBIT, EBT and EAT. Set up a balance sheet that includes current assets, fixed assets, total assets, current liabilities, long-term debt, equity (paid in capital) and retained earnings, total equity, and total liabilities and equity.

Reference no: EM13877944

Previous Q& A

  The gross amount of an invoice with freight charge

The gross amount of an invoice with freight charge included is $500. The freight charge is $100. The invoice is dated November 29 with terms of 1/10 EOM. Payment is made on January 4. Find: (a) the cash discount, and (b) the net amount paid.

  Purpose of classifying cash flows into the categories

The cash flow data of Calendar Company for the year ended December 31, 2004 are as follows: Cash payment of dividends $ 80,000, Purchase of land $ 18,000, Cash payments for interest $ 20,000, Prepare a statement of cash flows for Calendar Company usi..

  What is the current price of a bond

What is the current price of a bond if it is priced to yield 2 percent, has a $1,000 face value, has 10 years to maturity, pays semiannual coupon payments, and has a coupon rate of 7 percent?

  Present value of an annuity to increase

Which of the following would cause the present value of an annuity to increase?

  Magazine sweepstakes and opted to take unending payments

You just won the magazine sweepstakes and opted to take unending payments. The first payment will be $35,000 and will be paid one year from today. Every year thereafter, the payments will increase by 2% annually. What is the present value of your pri..

  According to the rule

According to the Rule of 72, how long would it take for $1000 to become $8000?

  Owner ship and control are not separated

Sole proprietorships have all of the following advantages except easy to set up. single taxation of income. Limited liability. Owner ship and control are not separated.

  What is the market value of kurzs existing assets

Kurz Manufacturing is currently a levered firm with 50M shares outstanding priced at $10.00 per share and 250K bonds outstanding at $1000 per bond (this is also the face value of each bond). What is the market value of Kurz's existing assets? What is..

  What is the amount of the depreciation expense

Suppose you are given the following information for Yusuf Surfing Co.: Sales = $40,000; costs of goods sold = $15,000; addition to retained earnings = $5,221; dividends paid = $1,469; interest expense = $1,300; tax rate = 40% . What is the amount of ..

  The original purchaser of this investment

The original Barbie doll was introduced in 1972 and sold for approximately $3.00. In year 2015, a mint-condition doll in its original box would be listed on EBay at approximately $700.00. What average annual rate of return would the seller realize if..


Write a Review


Similar Q& A

  What is the yield to maturity of the bonds

Springfield Nuclear Energy Inc. bonds are currently trading at $1,639.76. The bonds have a face value of $1,000, a coupon rate of 10.5% with coupons paid annually, and they mature in 10 years. What is the yield to maturity of the bonds?

  Risk free rate is 6percentage and the market risk premium

Assume the risk free rate is 6percentage and the market risk premium is 6 percentages. The stock of physician care network is (PCN) has a beta of 1.5. The last dividend paid by PCN (D0) was $2 per share.

  What is the terminal or horizon-value of operation

Kendra Enterprises has never paid a dividend. Free cash flow is projected to be $80,000 and $100.000 for the next 2 years, respectively; after the second year, FCF is expected to grow at a constant rate of 8%. The company’s weighted average cost of c..

  About the interest rate risk of lower-coupon bonds

Bond J is a 3 percent coupon bond. Bond K is a 9 percent coupon bond. Both bonds have 15 years to maturity, make semi-annual payments, and have an YTM of 6 percent. If interest rates suddenly rise by 2 percent, what is the percentage price change of ..

  What is the expected return and the variance of portfolio

Consider the following information: Rate of Return If State Occurs State of Probability of Economy State of Economy Stock A Stock B Stock C Boom .17 .358 .458 .338 Good .43 .128 .108 .178 Poor .33 .018 .028 ?.062 Bust .07 ?.118 ?.258 ?.098  What is t..

  What is the monthly deposit

TV’s R Yours is advertising a deal, in which you buy a flat screen TV for $4,769 (including tax) with one year before you need to pay (no interest is incurred if you pay by the end of the one year). How much would you need to deposit at the end of ea..

  Bond is likely to be called if sells at discount below par

A bond is likely to be called if its coupon rate is below its YTM. A bond is likely to be called if its market price is below its par value. Even if a bond’s YTC exceeds its YTM, an investor with an investment horizon longer than the bond’s maturity ..

  Discuss the hedging uses of swaps

Discuss the hedging uses of swaps. How would a person or company benefit from the use of swaps? Provide illustrations in today's economy of different persons or companies using swaps to hedge risks in the marketplace. What can go wrong when using swa..

  About the earnings per share

Assume a stock selling for $44.89 has a dividend yield of 3.1 percent and a PE ratio of 20.1. What is the earnings per share (EPS) for the company?

  MM extension with growth-what is value of equity

According to the MM extension with growth, what is Kitto's value of equity?

  Corporate bond with an annual coupon

Five years ago, Highland, Inc. issued a corporate bond with an annual coupon of $7,000, paid at the rate of $3,500 every six months, and a maturity of 25 years. The par (face) value of the bond is $1,000,000. Recently, however, the company has run in..

  Analyze the financial statements

Analyze the financial statements (for the most recent complete year) based on the factors outlined - Description of the main products/services that the company provides

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