What is the firm balance of current assets

Assignment Help Finance Basics
Reference no: EM131332290

You have the following information on Universe It Ts, Inc.: sales to working capital = 19 times, profit margin = 26.9%, net income available to common stockholders = $4.9 million, and current liabilities = $1.9 million. What is the firm's balance of current assets?

Reference no: EM131332290

Questions Cloud

What is your estimate of the stock current price : A company currently pays a dividend of $2 per share (D0 = $2). It is estimated that the company’s dividend will grow at a rate of 20% per year for the next 2 years, and then at a constant rate of 7% thereafter. The company’s stock has a beta of 1.2, ..
Regal is evaluating project costing : Regal Industries has the following capital structure. Its corporate tax rate is 35%. Regal is evaluating a project costing $58,000 which will generate $15,000 for 6 years. It will require an increase of $2,000 in NWC at the outset, but no recapture. ..
What is the tranche expected loss : Consider a [0%, 5%] super senior tranche, and a index CDS spread of 400 bps for 5 years maturity assuming 0% recovery and 0% interest rates. We'll be pricing this tranche using one factor gaussian copula.
Give an example of an extensive form game : Give an example of an extensive-form game in which player i has perfect recall and there is a mixed strategy σiwith more than one behavior strategy equivalent to it.
What is the firm balance of current assets : You have the following information on Universe It Ts, Inc.: sales to working capital = 19 times, profit margin = 26.9%, net income available to common stockholders = $4.9 million, and current liabilities = $1.9 million. What is the firm's balance ..
Compute the most profitable combination of products : Morris Minor Corporation manufactures two products each of which require machine processing and labor operations. Compute the most profitable combination of products to be produced in 2014.
Yield to maturity-what is weighted average cost of capital : Peter's Audio has a "yield to maturity" on its debt of 7.8%, a cost of equity of 12.4%, and a cost of preferred stock of 8%. The common structure weights for common equity, preferred stock, & debt are 47.09%, 22.94%, and 21.97% respectively. If the t..
Prove that there exists a unique mixed strategy : Let i be a player with perfect recall in an extensive-form game and let bi be a behavior strategy of player i.- Prove that there exists a unique mixed strategy σi equivalent to bi.
Company cost of capital percent : A project has initial outlay of $2791. It has a single payoff at the end of year 4 of $8578. what is the profitability index (PI) of the project, if the company's cost of capital is 6.06 percent.

Reviews

Write a Review

Finance Basics Questions & Answers

  Six months ago you invested 350000 to become a partner in a

six months ago you invested 350000 to become a partner in a medical practice in which you have a 50 ownership interest.

  Calculate the break-even revenue for the firm

Calculate the break-even revenue for the firm above if the fixed cost stays the same at $5,700 but the variable cost increases to $2.65 per unit and the product is sold at $9.00 now

  Creative education solutions

How can we build a primary/secondary education system in the USA that broadly prepares young people to operate in a creative, high technology society? How do we prepare citizens to be information literate and life-long learners at the same time? U..

  Design of an employee training program

Create a written proposal in which you detail the complete design of an employee training program.

  Calculate the following exchange rates zar and usd

Calculate the following exchange rates (ZAR and USD refer to the South African rand and U.S. dollar, respectively): The current ZAR spot rate in USD that would have been forecast by PPP. Using the IFE, the expected ZAR spot rate in USD one year from ..

  By how much does the required return on the riskier stock

By how much does the required return on the riskier stock exceed the required return on the riskier stock exceed that on the less risky stock? Round your answer to two decimal places.

  Statement of financial position for accounts payable

What amount should Valley report in its statement of financial position for accounts payable at 30 June 20X6?

  The company operates deep mines as well as strip mines most

the company operates deep mines as well as strip mines. most of the coal mined is sold under contract with excess

  Compute the amounts of these ratios for fiscal year 5

Assess the changes in the long-term solvency risk of Abercrombie & Fitch between fiscal Year 3 and fiscal Year 5 and the level of that risk at the end of fiscal Year 5. Compute the amounts of these ratios for fiscal Year 5.

  Explain both interest rate swaps and currency swaps

Explain both interest rate swaps and currency swaps. Which instrument has a greater credit risk: an interest rate swap or a currency swap?

  The true owners of the corporation are the

The true owners of the corporation are the

  What is the estimated value of the stock

A stock has the required rate of return at 16%. The most recent dividend paid D0 = $2.00 and the expected dividend growth rate g = 10%. What's the first dividend expected to pay at the end of this year?

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