Show the calculation for given problem

Assignment Help Financial Management
Reference no: EM131142652

The H.R. Pickett Corp. has $900,000 of debt outstanding, and it pays an annual interest rate of 7%.

Its annual sales are $5.13 million, its average tax rate is 30%, and its net profit margin on sales is 5%. What is its TIE ratio?

show the calculation for this problem?

Reference no: EM131142652

Questions Cloud

What advantages would the fuzzy logic system have : Describe how fuzzy logic might be used in the control of a system for measuring blood glucose levels. What advantages would the fuzzy logic system have over a more conventional system?
Calculate the net present value : calculate the Net Present Value (NPV) of the project. - Calculate the Profitability Index (PI) of the project. - Should your company proceed with this project?
Find the transfer rate if the time constant equals 27 103 s : Two compartments, with equal volumes of 0:0572 cm3, are separated by a thin membrane. If all of the solute is initially dumped into one compartment, then find the transfer rate if the time constant equals 27 103 s.
Describe the view of stance on language and free will : Is it possible for a machine to ‘think'? To be ‘conscious'?To ‘understand'? Explain with reference to your readings in the Philosophy of Mind module. Describe and analyze Searle's 'Chinese Room' argument. Does it show what Searle claims it does?
Show the calculation for given problem : Its annual sales are $5.13 million, its average tax rate is 30%, and its net profit margin on sales is 5%. What is its TIE ratio?- show the calculation for this problem?
Find the current pulse magnitude and duration : Suppose a membrane has an active Na-K pump with and Cm = 1mF as shown in Figure 11.15. Design a stimulus that will drive Vm to threshold at 3 ms. Assume that the threshold potential is 40mV.
Discuss principles that characterize a empowerment approach : Discuss the principles that characterize an empowerment approach to human service management. Evaluate how you might apply these principles to the developmental processes of your own Ideal human service organization.
Compute the price you will pay for the bonds : Compute the price you will pay for the bonds using the present value model - Recompute the price in a if your required rate of return is 10%.
Find the volume of the plasma compartmen : Suppose 500 mg of dye was introduced into the plasma compartment. After reaching steady state, the concentration in the blood is 0:0893 mg cm3. Find the volume of the plasma compartment

Reviews

Write a Review

Financial Management Questions & Answers

  Dividend return next quarter of certain amount

There are those that like to look at the return, or a dividend, that they would get for purchasing the stock. If you ever pay attention to the financial area of the news where companies say that they expect to have a dividend return next quarter of a..

  What is the expected return on the mutual fund

Consider the following capital market: a risk-free asset yielding 0.75% per year and a mutual fund consisting of 70% stocks and 30% bonds. The expected return on stocks is 10.75% per year and the expected return on bonds is 3.25% per year. The standa..

  Two publicly-traded companies in same health care segment

For the second part of the course project, you will perform a critical evaluation and comparison of two publicly-traded companies in the same health care segment. Your answer should apply the financial concepts and practices covered in this course to..

  Often organizations enter the marketplace with one approach

often organizations enter the marketplace with one approach and model. as the economy and demands shift and technology

  What will happen to sun devils stock price

If the risk-free rate of return declines to 6 percent, what will happen to Sun Devil's stock price? (Assume that the expected market rate of return remains at 14 percent.)

  Measured by the standard deviation

ABC College is considering an investment in one of two common stocks to add to the employees' retirement portfolios. Given the following information, which investment is better, based upon the risk (as measured by the standard deviation) and return o..

  Offered some securities for sale to the public

In March 2012, Daniela Motor Financing (DMF), offered some securities for sale to the public. Under the terms of the deal, DMF promised to repay the owner of one of these securities $500 in March 2037, but investors would receive nothing until then. ..

  Calculate the firms net income

Garden Pro Corporation has sales of $4,611,770; income tax of $483,762; the selling, general and administrative expenses of $243,981; depreciation of $388,811; costs of goods sold of $2,496,450; and interest expense of $166,022. Calculate the firm’s ..

  About ratio analysis and present value of an annuity

While cash flow is more often used in financial analysis, which of the following is not a reason to require firms to still report accounting profit? Which of the following is not true about ratio analysis? Which of the following will increase the pre..

  Important concept in the capital budgeting process

What is opportunity cost and why is it an important concept in the capital budgeting process? The opportunity cost concept applies to almost every financial decision we make as individuals. Can you give an example from your own experience? What is th..

  Standard deviation and expected return

The stock of a technology company has an expected return of 15% and a standard deviation of 20% 10) The stock of a pharmaceutical company has an expected return of 13% and a standard deviation of 18%. A portfolio consisting of 50% invested in each st..

  Bonds coupon rate is less than the general interest

If the bonds coupon rate is less than the general interest in the market the bond will sell at a

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